Sojitz Corp

Common Name
Sojitz
Country
Japan
Sector
Industrials
Industry
Conglomerates
Employees
25,118
Ticker
2768
Exchange
TOKYO STOCK EXCHANGE
Description
Sojitz Corporation is a global trading and investment company headquartered in Tokyo, Japan. It operates across a diverse spectrum of industries, embodying the vital role of facilitating the flow of g...

Sojitz's GHG Emissions Data Preview

In 2023, Sojitz 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).

Sojitz has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sojitz’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 Sojitz’s data sources below and access millions more through our Disclosure Search.

a. Sojitz's Webpage captured from company’s website 2024
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b. Sojitz's Integrated Report 2023
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Insights into Sojitz's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sojitz amounted to 784,736 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 2022, the total operational greenhouse gas (GHG) emissions of Sojitz decreased by 18.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Sojitz's Scope 1 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e-26%0%+4%-23%
  • Total Scope 1
  • Year-over-Year Change

What are Sojitz's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sojitz were 577,458 metric tons of CO₂ equivalent (tCO₂e). a

Has Sojitz reduced its Scope 1 emissions over time?

Since 2019, Sojitz's Scope 1 emissions have decreased by 41.04%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Sojitz's Scope 1 emissions decreased by 23.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sojitz's Scope 2 emissions?

In 2023, Sojitz reported Scope 2 greenhouse gas (GHG) emissions of 204,475 tCO₂e using the market-based method and 207,278 tCO₂e using the location-based method. a

What methodology does Sojitz use for Scope 2 reporting?

In 2023, Sojitz reported its Scope 2 emissions using the market-based method and using the location-based method. a

Sojitz's Scope 2 Emissions Over Time

20192020202120222023055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sojitz's Value Chain Emissions

In 2023, Sojitz reported 12,688,531 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 2023 disclosure of Sojitz includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Sojitz's Scope 3 Emissions Over Time

20212022202309.5 M19 M28.5 M38 MtCO2e-35%-46%
  • Total Scope 3
  • Year-over-Year Change

What are Sojitz's Scope 3 emissions?

In 2023, Sojitz reported total Scope 3 emissions of 12,688,531 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 5.72% of these emissions originated from upstream activities such as purchased goods and capital goods, while 94.28% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Sojitz's Scope 3 emissions decreased by 46.16%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Sojitz disclose?

In 2023, Sojitz reported emissions for 6 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 Sojitz's Scope 3 emissions?

In 2023, the largest contributors to Sojitz's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 11,962,667 tCO₂e (94.28%)
  • Purchased Goods and Services (Cat. 1): 591,429 tCO₂e (4.66%)
  • Upstream Transportation and Distribution (Cat. 4): 130,244 tCO₂e (1.03%)

Sojitz's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.0%)Purchased Goods andServices (Cat. 1)(4.7%)Use of Sold Products(Cat. 11)(94.3%)

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

In 2023, Sojitz reported Scope 1 greenhouse gas (GHG) emissions of 577,458 tCO₂e and total revenues of USD 18,617 millions. This translates into an emissions intensity of 31.02 tCO₂e per millions USD. a

Sojitz's Scope 1 Emissions Intensity Compared to Peers

502,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)101002,00020,000500,000Revenues (Millions of USD)HKKSeibu HoldingsYear: 2023Scope 1: 146,655 tCO2eRevenue: $M 3,217Scope 1 Intensity: 45.59 tCO2e/$MMitsui KinzokuYear: 2023Scope 1: 804,000 tCO2eRevenue: $M 4,895Scope 1 Intensity: 164.26 tCO2e/$MKyoceraYear: 2023Scope 1: 122,710 tCO2eRevenue: $M 15,205Scope 1 Intensity: 8.07 tCO2e/$MNichiasYear: 2023Scope 1: 108,000 tCO2eRevenue: $M 1,788Scope 1 Intensity: 60.41 tCO2e/$MMitsui & CoYear: 2024Scope 1: 2,637,000 tCO2eRevenue: $M 87,988Scope 1 Intensity: 29.97 tCO2e/$MKyushu RailwayYear: 2023Scope 1: 44,000 tCO2eRevenue: $M 2,877Scope 1 Intensity: 15.29 tCO2e/$MTOPPAN HoldingsYear: 2023Scope 1: 257,000 tCO2eRevenue: $M 12,303Scope 1 Intensity: 20.89 tCO2e/$MItochuYear: 2025Scope 1: 1,087,000 tCO2eRevenue: $M 98,186Scope 1 Intensity: 11.07 tCO2e/$MHHHankyu Hanshin HoldingsYear: 2023Scope 1: 103,476 tCO2eRevenue: $M 7,269Scope 1 Intensity: 14.23 tCO2e/$MTeijinYear: 2022Scope 1: 750,000 tCO2eRevenue: $M 7,589Scope 1 Intensity: 98.82 tCO2e/$MAica KogyoYear: 2023Scope 1: 65,529 tCO2eRevenue: $M 1,817Scope 1 Intensity: 36.06 tCO2e/$MMitsubishiYear: 2024Scope 1: 20,537,000 tCO2eRevenue: $M 129,210Scope 1 Intensity: 158.94 tCO2e/$MSotetsu HoldingsYear: 2023Scope 1: 40,882 tCO2eRevenue: $M 1,874Scope 1 Intensity: 21.81 tCO2e/$MDai Nippon PrintingYear: 2023Scope 1: 210,000 tCO2eRevenue: $M 10,309Scope 1 Intensity: 20.37 tCO2e/$MKKKintetsu Group HoldingsYear: 2023Scope 1: 126,730 tCO2eRevenue: $M 11,719Scope 1 Intensity: 10.81 tCO2e/$MMarubeniYear: 2023Scope 1: 1,000,124 tCO2eRevenue: $M 68,997Scope 1 Intensity: 14.50 tCO2e/$MKeioYear: 2023Scope 1: 89,000 tCO2eRevenue: $M 2,606Scope 1 Intensity: 34.15 tCO2e/$MSekisui ChemicalYear: 2023Scope 1: 183,000 tCO2eRevenue: $M 9,328Scope 1 Intensity: 19.62 tCO2e/$MFujifilm HoldingsYear: 2023Scope 1: 534,000 tCO2eRevenue: $M 21,464Scope 1 Intensity: 24.88 tCO2e/$MNS SolutionsYear: 2023Scope 1: 94 tCO2eRevenue: $M 17Scope 1 Intensity: 5.68 tCO2e/$MKKKeihan HoldingsYear: 2023Scope 1: 60,660 tCO2eRevenue: $M 1,952Scope 1 Intensity: 31.07 tCO2e/$MKeikyuYear: 2023Scope 1: 64,124 tCO2eRevenue: $M 1,899Scope 1 Intensity: 33.76 tCO2e/$MHitachiYear: 2023Scope 1: 400,000 tCO2eRevenue: $M 81,689Scope 1 Intensity: 4.90 tCO2e/$MSojitzYear: 2023Scope 1: 577,458 tCO2eRevenue: $M 18,617Scope 1 Intensity: 31.02 tCO2e/$M

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

In 2023, Sojitz reported a Scope 1 emissions intensity of 31.02 tCO₂e per millions USD. Compared to the peer group median of 21.81, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, Sojitz ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Sojitz's Total Carbon Footprint

In 2023, Sojitz reported a total carbon footprint of 13,473,267 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.06% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Sojitz's total carbon footprint was Scope 3 emissions, accounting for 94.18% of the company's total carbon footprint, followed by Scope 1 emissions at 4.29%. a

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