Stanley Electric Co Ltd

Common Name
Stanley Electric
Country
Japan
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
18,581
Ticker
6923
Exchange
TOKYO STOCK EXCHANGE
Description
Stanley Electric Co., Ltd. is a prominent player in the global electrical components industry. It primarily focuses on the development, manufacture, and sale of lighting equipment and electronic devic...

Stanley Electric's Climate Target Data Preview

As of 2024, Stanley Electric has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Stanley Electric ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Stanley Electric’s Climate Targets Data

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a. Stanley Electric's Integrated Report 2024
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Insights into Stanley Electric's Greenhouse Gas Emissions Pathways

As of 2024, Stanley Electric has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Stanley Electric have a target to reduce the emissions from its operations?

As of 2024, Stanley Electric has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Stanley Electric's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 324,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Stanley Electric is lagging behind on its operational emissions reduction target, having achieved 22.84% of the planned reduction. a

Stanley Electric's Operational (Scope 1+2) Emissions Pathway

201920232030085 k170 k255 k340 kBaselineCurrent (-11%)Target 2030 (-50%)
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