In 2023, Tsuruha 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).
Tsuruha Holdings 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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,424a | 3,731a | 4,031a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 275,368a | 261,251a | 247,213a | |
Total Scope 3 | 3,747,793a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.4934a | 0.5207a | 0.4819a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Tsuruha Holdings amounted to 278,792 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 Tsuruha Holdings increased by 5.21%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Tsuruha Holdings were 3,424 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Tsuruha Holdings's Scope 1 emissions have decreased by 35.98%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Tsuruha Holdings's Scope 1 emissions decreased by 8.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Tsuruha Holdings reported Scope 2 greenhouse gas (GHG) emissions of 275,368 tCO₂e without specifying the calculation method.a
Since 2019, Tsuruha Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 21.6%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Tsuruha Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Tsuruha Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Tsuruha Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Tsuruha Holdings reported 3,747,793 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 Tsuruha Holdings includes a breakdown across 10 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 chaina
In 2023, Tsuruha Holdings reported total Scope 3 emissions of 3,747,793 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.23% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2023, Tsuruha Holdings 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 2023, the largest contributors to Tsuruha Holdings's Scope 3 emissions were:a
In 2023, Tsuruha Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,424 tCO₂e and total revenues of USD 6,940 millions. This translates into an emissions intensity of 0.49 tCO₂e per millions USD.a
In 2023, Tsuruha Holdings reported a Scope 1 emissions intensity of 0.49 tCO₂e per millions USD. Compared to the peer group median of 1.82, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Tsuruha Holdings ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Tsuruha Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Tsuruha Holdings reported a total carbon footprint of 4,026,585 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,419.57% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Tsuruha Holdings's total carbon footprint was Scope 3 emissions, accounting for 93.08% of the company's total carbon footprint, followed by Scope 2 emissions at 6.84%.a