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SBS Holdings, Inc.

Common Name
SBS Holdings
Country
Japan
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
11,772
Ticker
2384
Exchange
Japan Exchange Group
Description
SBS Holdings, Inc. is a diversified logistics and supply chain management company, primarily focused on the efficient movement of goods through comprehensive transportation solutions. The company offe...

SBS Holdings's GHG Emissions Data Preview

In 2025, SBS Holdings 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).

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

Metric (tCO2e)2025202420232022-2019
Total Scope 1
72,005a
65,000a
70,000a
Total Scope 2
Unspecified Calculation Method
40,105a
35,000a
35,000a
Total Scope 3
861,987a
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
22.9975a
22.7709a
22.9216a
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Verified Sources Behind SBS Holdings’s Greenhouse Gas (GHG) Emissions Data

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a. SBS Holdings's Integrated Report 2025

Insights into SBS Holdings's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of SBS Holdings amounted to 112,110 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 2024, the total operational greenhouse gas (GHG) emissions of SBS Holdings increased by 12.11%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

SBS Holdings's Scope 1 Emissions Over Time

2019202020212022202320242025020 k40 k60 k80 ktCO2e+8%0%0%0%-7%+11%
  • Total Scope 1
  • Year-over-Year Change

What are SBS Holdings's Scope 1 emissions?

In 2025, the total Scope 1 emissions of SBS Holdings were 72,005 metric tons of CO₂ equivalent (tCO₂e).a

Has SBS Holdings reduced its Scope 1 emissions over time?

Since 2019, SBS Holdings's Scope 1 emissions have increased by 10.78%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), SBS Holdings's Scope 1 emissions increased by 10.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are SBS Holdings's Scope 2 emissions?

In 2025, SBS Holdings reported Scope 2 greenhouse gas (GHG) emissions of 40,105 tCO₂e without specifying the calculation method.a

Has SBS Holdings reduced its Scope 2 emissions over time?

Since 2019, SBS Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 60.42%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), SBS Holdings's Scope 2 emissions (Unspecified Calculation Method) rose by 14.59% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does SBS Holdings use for Scope 2 reporting?

In 2025, SBS Holdings reported its Scope 2 emissions using an unspecified methodology.a

SBS Holdings's Scope 2 Emissions Over Time

2019202020212022202320242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SBS Holdings's Value Chain Emissions

In 2025, SBS Holdings reported 861,987 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 2025 disclosure of SBS Holdings includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

SBS Holdings's Scope 3 Emissions Over Time

20250250 k500 k750 k1 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are SBS Holdings's Scope 3 emissions?

In 2025, SBS Holdings reported total Scope 3 emissions of 861,987 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does SBS Holdings disclose?

In 2025, SBS Holdings reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2025, the largest contributors to SBS Holdings's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 840,184 tCO₂e (97.47%)
  • Fuel- and Energy-Related Services (Cat. 3): 19,802 tCO₂e (2.3%)
  • Waste Generated in Operations (Cat. 5): 2,001 tCO₂e (0.23%)

SBS Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(97.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(2.3%)

Insights into SBS Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2025, SBS Holdings reported Scope 1 greenhouse gas (GHG) emissions of 72,005 tCO₂e and total revenues of USD 3,131 millions. This translates into an emissions intensity of 23 tCO₂e per millions USD.a

SBS Holdings's Scope 1 Emissions Intensity Compared to Peers

1001,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)CTT - Correios de PortugalYear: 2024Scope 1: 18,069 tCO2eRevenue: $M 1,107Scope 1 Intensity: 16.32 tCO2e/$MLogwinYear: 2025Scope 1: 5,361 tCO2eRevenue: $M 1,601Scope 1 Intensity: 3.35 tCO2e/$MCJ LogisticsYear: 2024Scope 1: 219,300 tCO2eRevenue: $M 8,257Scope 1 Intensity: 26.56 tCO2e/$MBlue Dart ExpressYear: 2025Scope 1: 170,806 tCO2eRevenue: $M 669Scope 1 Intensity: 255.13 tCO2e/$MJSLYear: 2024Scope 1: 440,589 tCO2eRevenue: $M 1,466Scope 1 Intensity: 300.56 tCO2e/$MBpostYear: 2025Scope 1: 78,729 tCO2eRevenue: $M 5,253Scope 1 Intensity: 14.99 tCO2e/$MPitney BowesYear: 2024Scope 1: 28,307 tCO2eRevenue: $M 2,027Scope 1 Intensity: 13.97 tCO2e/$MOesterreichische PostYear: 2025Scope 1: 47,163 tCO2eRevenue: $M 3,578Scope 1 Intensity: 13.18 tCO2e/$MHub GroupYear: 2020Scope 1: 557,461 tCO2eRevenue: $M 3,496Scope 1 Intensity: 159.47 tCO2e/$MKalmarYear: 2025Scope 1: 7,300 tCO2eRevenue: $M 2,047Scope 1 Intensity: 3.57 tCO2e/$MDal'nevostochnoye Morskoye ParokhodstvoYear: 2024Scope 1: 555,843 tCO2eRevenue: $M 1,626Scope 1 Intensity: 341.81 tCO2e/$MEastern Air LogisticsYear: 2025Scope 1: 1,769,485 tCO2eRevenue: $M 3,466Scope 1 Intensity: 510.54 tCO2e/$MMainfreightYear: 2026Scope 1: 372,615 tCO2eRevenue: $M 3,086Scope 1 Intensity: 120.76 tCO2e/$MQube HoldingsYear: 2025Scope 1: 414,891 tCO2eRevenue: $M 2,690Scope 1 Intensity: 154.23 tCO2e/$MLandstar SystemYear: 2025Scope 1: 225 tCO2eRevenue: $M 4,747Scope 1 Intensity: 0.05 tCO2e/$MPostNLYear: 2025Scope 1: 19,986 tCO2eRevenue: $M 3,908Scope 1 Intensity: 5.11 tCO2e/$MNTG Nordic Transport GroupYear: 2025Scope 1: 15,486 tCO2eRevenue: $M 1,791Scope 1 Intensity: 8.65 tCO2e/$MProsegur CashYear: 2025Scope 1: 156,783 tCO2eRevenue: $M 2,336Scope 1 Intensity: 67.10 tCO2e/$MSenko Group HoldingsYear: 2025Scope 1: 419,347 tCO2eRevenue: $M 5,698Scope 1 Intensity: 73.59 tCO2e/$MNikkon HoldingsYear: 2025Scope 1: 142,181 tCO2eRevenue: $M 1,653Scope 1 Intensity: 86.01 tCO2e/$MNippon Express HoldingsYear: 2025Scope 1: 498,597 tCO2eRevenue: $M 16,441Scope 1 Intensity: 30.33 tCO2e/$MSG HoldingsYear: 2024Scope 1: 281,836 tCO2eRevenue: $M 8,696Scope 1 Intensity: 32.41 tCO2e/$MKamigumiYear: 2024Scope 1: 31,656 tCO2eRevenue: $M 1,762Scope 1 Intensity: 17.97 tCO2e/$MSBS HoldingsYear: 2025Scope 1: 72,005 tCO2eRevenue: $M 3,131Scope 1 Intensity: 23.00 tCO2e/$M

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

In 2025, SBS Holdings reported a Scope 1 emissions intensity of 23 tCO₂e per millions USD. Compared to the peer group median of 30.33, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SBS Holdings rank on GHG emissions intensity within its industry?

In 2025, SBS Holdings ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

SBS Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into SBS Holdings's Total Carbon Footprint

In 2025, SBS Holdings reported a total carbon footprint of 974,097 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 874.1% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to SBS Holdings's total carbon footprint was Scope 3 emissions, accounting for 88.49% of the company's total carbon footprint, followed by Scope 1 emissions at 7.39%.a

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