Park24 Co Ltd

Common Name
Park24
Country
Japan
Sector
Industrials
Industry
Infrastructure Operations
Employees
5,502
Ticker
4666
Exchange
TOKYO STOCK EXCHANGE
Description
Park24 Co., Ltd. is a prominent player in the urban mobility and parking solutions sector. Founded in Japan, the company specializes in the development and management of parking facilities, offering c...

Park24's GHG Emissions Data Preview

In 2024, Park24 completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Park24 has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Park24’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Park24’s data sources below and access millions more through our Disclosure Search.

a. Park24's Integrated Report 2024
a. Park24's Integrated Report 2024

Insights into Park24's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Park24 amounted to 267,544 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Park24 increased by 12.97%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Park24's Scope 1 Emissions Over Time

2021202220232024060 k120 k180 k240 ktCO2e+26%+15%+17%
  • Total Scope 1
  • Year-over-Year Change

What are Park24's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Park24 were 233,852 metric tons of CO₂ equivalent (tCO₂e). a

Has Park24 reduced its Scope 1 emissions over time?

Since 2021, Park24's Scope 1 emissions have increased by 68.17%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Park24's Scope 1 emissions increased by 16.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Park24's Scope 2 emissions?

In 2024, Park24 reported Scope 2 greenhouse gas (GHG) emissions of 33,692 tCO₂e without specifying the calculation method. a

Has Park24 reduced its Scope 2 emissions over time?

Since 2021, Park24's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Park24 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Park24's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Park24 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Park24 use for Scope 2 reporting?

In 2024, Park24 reported its Scope 2 emissions using an unspecified methodology. a

Park24's Scope 2 Emissions Over Time

202120222023202409.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Park24's Value Chain Emissions

In 2024, Park24 reported 249,128 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Park24 includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Park24's Scope 3 Emissions Over Time

20232024065 k130 k195 k260 ktCO2e+23%
  • Total Scope 3
  • Year-over-Year Change

What are Park24's Scope 3 emissions?

In 2024, Park24 reported total Scope 3 emissions of 249,128 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.86% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.14% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Park24's Scope 3 emissions increased by 23.35%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Park24 disclose?

In 2024, Park24 reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Park24's Scope 3 emissions?

In 2024, the largest contributors to Park24's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 126,337 tCO₂e (50.71%)
  • Purchased Goods and Services (Cat. 1): 110,440 tCO₂e (44.33%)
  • Fuel- and Energy-Related Services (Cat. 3): 4,941 tCO₂e (1.98%)

Park24's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(50.7%)Purchased Goods andServices (Cat. 1)(44.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(2.0%)

Insights into Park24’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Park24 reported Scope 1 greenhouse gas (GHG) emissions of 233,852 tCO₂e and total revenues of USD 2,421 millions. This translates into an emissions intensity of 96.59 tCO₂e per millions USD. a

Park24's Scope 1 Emissions Intensity Compared to Peers

520010,000500,00020,000,000Scope 1 Emissions (tCO2e)2001,0002,0005,00020,000Revenues (Millions of USD)CBellsystem24 HoldingsYear: 2023Scope 1: 61 tCO2eRevenue: $M 1,144Scope 1 Intensity: 0.05 tCO2e/$MNankai Electric RailwayYear: 2022Scope 1: 84,693 tCO2eRevenue: $M 1,654Scope 1 Intensity: 51.21 tCO2e/$MMitsubishi LogisticsYear: 2024Scope 1: 15,368 tCO2eRevenue: $M 1,681Scope 1 Intensity: 9.14 tCO2e/$MNichiasYear: 2023Scope 1: 108,000 tCO2eRevenue: $M 1,788Scope 1 Intensity: 60.41 tCO2e/$MKokuyoYear: 2023Scope 1: 7,649 tCO2eRevenue: $M 2,325Scope 1 Intensity: 3.29 tCO2e/$MMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MJapan Airport TerminalYear: 2024Scope 1: 18,125 tCO2eRevenue: $M 1,437Scope 1 Intensity: 12.62 tCO2e/$MNabtescoYear: 2023Scope 1: 4,929 tCO2eRevenue: $M 2,359Scope 1 Intensity: 2.09 tCO2e/$MUlvacYear: 2023Scope 1: 6,397 tCO2eRevenue: $M 1,572Scope 1 Intensity: 4.07 tCO2e/$MJapan Steel WorksYear: 2023Scope 1: 61,000 tCO2eRevenue: $M 1,792Scope 1 Intensity: 34.04 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MSocionextYear: 2025Scope 1: 254 tCO2eRevenue: $M 1,257Scope 1 Intensity: 0.20 tCO2e/$MAica KogyoYear: 2023Scope 1: 65,529 tCO2eRevenue: $M 1,817Scope 1 Intensity: 36.06 tCO2e/$MSotetsu HoldingsYear: 2023Scope 1: 40,882 tCO2eRevenue: $M 1,874Scope 1 Intensity: 21.81 tCO2e/$MMakino Milling MachineYear: 2023Scope 1: 5,467 tCO2eRevenue: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MCCComsys HoldingsYear: 2023Scope 1: 65,000 tCO2eRevenue: $M 4,229Scope 1 Intensity: 15.37 tCO2e/$MKonica MinoltaYear: 2023Scope 1: 147,677 tCO2eRevenue: $M 8,486Scope 1 Intensity: 17.40 tCO2e/$MTOTOYear: 2023Scope 1: 141,000 tCO2eRevenue: $M 5,264Scope 1 Intensity: 26.79 tCO2e/$MDeNAYear: 2023Scope 1: 10 tCO2eRevenue: $M 1,010Scope 1 Intensity: 0.01 tCO2e/$MSumitomo Heavy IndustriesYear: 2023Scope 1: 36,272 tCO2eRevenue: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MKawasaki Kisen KaishaYear: 2023Scope 1: 6,550,995 tCO2eRevenue: $M 7,077Scope 1 Intensity: 925.73 tCO2e/$MBrother IndustriesYear: 2023Scope 1: 18,840 tCO2eRevenue: $M 6,121Scope 1 Intensity: 3.08 tCO2e/$MTobu RailwayYear: 2023Scope 1: 129,255 tCO2eRevenue: $M 4,615Scope 1 Intensity: 28.01 tCO2e/$MPark24Year: 2024Scope 1: 233,852 tCO2eRevenue: $M 2,421Scope 1 Intensity: 96.59 tCO2e/$M

How does Park24's GHG emissions intensity compare to its peers?

In 2024, Park24 reported a Scope 1 emissions intensity of 96.59 tCO₂e per millions USD. Compared to the peer group median of 9.93 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Park24 rank on GHG emissions intensity within its industry?

In 2024, Park24 ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Park24 among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Park24's Total Carbon Footprint

In 2024, Park24 reported a total carbon footprint of 516,672 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.75% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Park24's total carbon footprint was Scope 3 emissions, accounting for 48.22% of the company's total carbon footprint, followed by Scope 1 emissions at 45.26%. a

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