In 2023, Sugi 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).
Sugi Holdings has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Sugi Holdings amounted to 158,057 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 Sugi Holdings increased by 26.43%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Sugi Holdings were 1,531 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Sugi Holdings's Scope 1 emissions have decreased by 16.43%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Sugi Holdings's Scope 1 emissions decreased by 24.4%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Sugi Holdings reported Scope 2 greenhouse gas (GHG) emissions of 156,526 tCO₂e using the market-based method. a
Since 2021, Sugi Holdings's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have remained relatively stable, indicating that Sugi Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Sugi Holdings's Scope 2 emissions (Market-Based) rose by 27.27% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2023, Sugi Holdings reported its Scope 2 emissions using the market-based method. a
In 2023, Sugi Holdings reported 2,376,396 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 Sugi Holdings includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
In 2023, Sugi Holdings reported total Scope 3 emissions of 2,376,396 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
Since 2021, Sugi Holdings's Scope 3 emissions have increased by 39.75%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Sugi Holdings's Scope 3 emissions increased by 38.53%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2023, Sugi Holdings reported emissions for 7 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.
In 2023, the largest contributors to Sugi Holdings's Scope 3 emissions were: a
In 2023, Sugi Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,531 tCO₂e and total revenues of USD 4,898 millions. This translates into an emissions intensity of 0.31 tCO₂e per millions USD. a
In 2023, Sugi Holdings reported a Scope 1 emissions intensity of 0.31 tCO₂e per millions USD. Compared to the peer group median of 5.6 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Sugi Holdings ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Sugi Holdings among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2023, Sugi Holdings reported a total carbon footprint of 2,534,453 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.71% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Sugi Holdings's total carbon footprint was Scope 3 emissions, accounting for 93.76% of the company's total carbon footprint, followed by Scope 2 emissions at 6.18%. a