In 2024, Tsubaki Nakashima 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).
Tsubaki Nakashima has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,858a | 5,801a | 6,581a | |
Total Scope 2 | ||||
Market-Based | 60,610a | 86,249a | 95,130a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 321,184a | 324,490a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 10.0457a | 10.6433a | 11.0674a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Tsubaki Nakashima amounted to 65,468 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 Tsubaki Nakashima decreased by 28.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Tsubaki Nakashima were 4,858 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Tsubaki Nakashima's Scope 1 emissions have decreased by 26.18%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Tsubaki Nakashima's Scope 1 emissions decreased by 16.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Tsubaki Nakashima reported Scope 2 greenhouse gas (GHG) emissions of 60,610 tCO₂e using the market-based method.a
Since 2022, Tsubaki Nakashima's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 36.29%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Tsubaki Nakashima's Scope 2 emissions (Market-Based) fell by 29.73% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Tsubaki Nakashima reported its Scope 2 emissions using the market-based method.a
In 2024, Tsubaki Nakashima reported 321,184 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 Tsubaki Nakashima includes a breakdown across 10 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
In 2024, Tsubaki Nakashima reported total Scope 3 emissions of 321,184 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 83.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.03% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Tsubaki Nakashima's Scope 3 emissions remained relatively stable, indicating that Tsubaki Nakashima's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Tsubaki Nakashima reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Tsubaki Nakashima's Scope 3 emissions were:a
In 2024, Tsubaki Nakashima reported Scope 1 greenhouse gas (GHG) emissions of 4,858 tCO₂e and total revenues of USD 484 millions. This translates into an emissions intensity of 10.05 tCO₂e per millions USD.a
In 2024, Tsubaki Nakashima reported a Scope 1 emissions intensity of 10.05 tCO₂e per millions USD. Compared to the peer group median of 6.82, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Tsubaki Nakashima ranked 18 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Tsubaki Nakashima is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Tsubaki Nakashima reported a total carbon footprint of 386,652 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.18% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Tsubaki Nakashima's total carbon footprint was Scope 3 emissions, accounting for 83.07% of the company's total carbon footprint, followed by Scope 2 emissions at 15.68%.a