In 2024, Tsubakimoto Chain 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).
Tsubakimoto Chain has also provided a category-level breakdown for 2 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 | 21,686a | 21,433a | 22,811a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 59,384a | 62,522a | 61,180a | |
Total Scope 3 | 2,855,503b | 2,788,949a | 2,649,449a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 12.3088a | 11.3481a | 12.8934a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Tsubakimoto Chain amounted to 81,070 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 Tsubakimoto Chain decreased by 3.44%, 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 Tsubakimoto Chain were 21,686 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Tsubakimoto Chain's Scope 1 emissions have decreased by 4.93%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Tsubakimoto Chain's Scope 1 emissions increased by 1.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Tsubakimoto Chain reported Scope 2 greenhouse gas (GHG) emissions of 59,384 tCO₂e without specifying the calculation method.a
Since 2022, Tsubakimoto Chain's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Tsubakimoto Chain's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Tsubakimoto Chain's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Tsubakimoto Chain's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Tsubakimoto Chain reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Tsubakimoto Chain reported 2,855,503 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.b
The 2024 disclosure of Tsubakimoto Chain includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chainb
In 2024, Tsubakimoto Chain reported total Scope 3 emissions of 2,855,503 metric tons of CO₂ equivalent (tCO₂e).b
Approximately 29.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 70.18% came from downstream activities like product use, distribution, and end-of-life treatment.b
Since 2022, Tsubakimoto Chain's Scope 3 emissionshave remained relatively stable, indicating that Tsubakimoto Chain's emissions have plateaued with no significant change in its value chain footprint.ab
Compared to the previous year (2023), Tsubakimoto Chain's Scope 3 emissions remained relatively stable, indicating that Tsubakimoto Chain's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, Tsubakimoto Chain reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.b
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Tsubakimoto Chain's Scope 3 emissions were:b
In 2024, Tsubakimoto Chain reported Scope 1 greenhouse gas (GHG) emissions of 21,686 tCO₂e and total revenues of USD 1,762 millions. This translates into an emissions intensity of 12.31 tCO₂e per millions USD.a
In 2024, Tsubakimoto Chain reported a Scope 1 emissions intensity of 12.31 tCO₂e per millions USD. Compared to the peer group median of 3.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Tsubakimoto Chain ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Tsubakimoto Chain among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Tsubakimoto Chain reported a total carbon footprint of 2,936,573 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Tsubakimoto Chain's total carbon footprint was Scope 3 emissions, accounting for 97.24% of the company's total carbon footprint, followed by Scope 2 emissions at 2.02%.ab