Ushio Inc

Common Name
Ushio
Country
Japan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
6,013
Ticker
6925
Exchange
TOKYO STOCK EXCHANGE
Description
Ushio Inc. is a manufacturer and supplier of lighting solutions and optical equipment. Established in Japan, the company is renowned for its innovative development in specialty lighting products such ...

Ushio's GHG Emissions Data Preview

In 2023, Ushio 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).

Ushio 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Ushio’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ushio’s data sources below and access millions more through our Disclosure Search.

a. Ushio's ESG Data Spreadsheet 2024
a. Ushio's ESG Data Spreadsheet 2024
b. Ushio's Integrated Report 2023
b. Ushio's Integrated Report 2023

Insights into Ushio's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ushio amounted to 44,198 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 Ushio decreased by 15.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Ushio's Scope 1 Emissions Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktCO2e0%-8%+16%-7%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Ushio's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ushio were 3,539 metric tons of CO₂ equivalent (tCO₂e). a

Has Ushio reduced its Scope 1 emissions over time?

Since 2018, Ushio's Scope 1 emissions have decreased by 11.37%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Ushio's Scope 1 emissions decreased by 11.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Ushio's Scope 2 emissions?

In 2023, Ushio reported Scope 2 greenhouse gas (GHG) emissions of 28,571 tCO₂e using the market-based method and 40,659 tCO₂e using the location-based method. a

Has Ushio reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Ushio's Scope 2 emissions (Location-Based) fell by 16.38% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Ushio use for Scope 2 reporting?

In 2023, Ushio reported its Scope 2 emissions using the market-based method and using the location-based method. a

Ushio's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Ushio's Value Chain Emissions

In 2023, Ushio reported 5,055,343 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 Ushio includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Ushio's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e-5%+20%-25%-12%-14%
  • Total Scope 3
  • Year-over-Year Change

What are Ushio's Scope 3 emissions?

In 2023, Ushio reported total Scope 3 emissions of 5,055,343 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 6.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.27% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Ushio reduced its Scope 3 emissions over time?

Since 2018, Ushio's Scope 3 emissions have decreased by 35.35%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Ushio's Scope 3 emissions decreased by 13.73%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Ushio disclose?

In 2023, Ushio reported emissions for 9 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.

What are the main sources of Ushio's Scope 3 emissions?

In 2023, the largest contributors to Ushio's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 4,715,206 tCO₂e (93.27%)
  • Purchased Goods and Services (Cat. 1): 304,345 tCO₂e (6.02%)
  • Capital Goods (Cat. 2): 26,626 tCO₂e (0.53%)

Ushio's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(6.0%)Use of Sold Products(Cat. 11)(93.3%)

Insights into Ushio’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Ushio reported Scope 1 greenhouse gas (GHG) emissions of 3,539 tCO₂e and total revenues of USD 1,314 millions. This translates into an emissions intensity of 2.69 tCO₂e per millions USD. a

Ushio's Scope 1 Emissions Intensity Compared to Peers

205005,00050,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HBellsystem24 HoldingsYear: 2023Scope 1: 61 tCO2eRevenue: $M 1,144Scope 1 Intensity: 0.05 tCO2e/$MHHHarmonic Drive SystemsYear: 2023Scope 1: 209 tCO2eRevenue: $M 537Scope 1 Intensity: 0.39 tCO2e/$MMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MNabtescoYear: 2023Scope 1: 4,929 tCO2eRevenue: $M 2,359Scope 1 Intensity: 2.09 tCO2e/$MJDCYear: 2024Scope 1: 37,528 tCO2eRevenue: $M 865Scope 1 Intensity: 43.41 tCO2e/$MKawasaki Heavy IndustriesYear: 2024Scope 1: 142,390 tCO2eRevenue: $M 12,211Scope 1 Intensity: 11.66 tCO2e/$MUlvacYear: 2023Scope 1: 6,397 tCO2eRevenue: $M 1,572Scope 1 Intensity: 4.07 tCO2e/$MJapan Steel WorksYear: 2023Scope 1: 61,000 tCO2eRevenue: $M 1,792Scope 1 Intensity: 34.04 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MHoshizakiYear: 2024Scope 1: 2,192 tCO2eRevenue: $M 2,838Scope 1 Intensity: 0.77 tCO2e/$MEbaraYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 5,520Scope 1 Intensity: 12.86 tCO2e/$MAzbilYear: 2023Scope 1: 4,329 tCO2eRevenue: $M 2,090Scope 1 Intensity: 2.07 tCO2e/$MYokogawa ElectricYear: 2024Scope 1: 12,141 tCO2eRevenue: $M 3,567Scope 1 Intensity: 3.40 tCO2e/$MMakino Milling MachineYear: 2023Scope 1: 5,467 tCO2eRevenue: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MSMCYear: 2023Scope 1: 50,507 tCO2eRevenue: $M 6,192Scope 1 Intensity: 8.16 tCO2e/$MNGK InsulatorsYear: 2023Scope 1: 270,000 tCO2eRevenue: $M 4,198Scope 1 Intensity: 64.31 tCO2e/$MDaifukuYear: 2024Scope 1: 8,853 tCO2eRevenue: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$MNidecYear: 2023Scope 1: 269,000 tCO2eRevenue: $M 16,838Scope 1 Intensity: 15.98 tCO2e/$MAmadaYear: 2024Scope 1: 6,336 tCO2eRevenue: $M 2,664Scope 1 Intensity: 2.38 tCO2e/$MMitsubishi Heavy IndustriesYear: 2023Scope 1: 130,000 tCO2eRevenue: $M 31,553Scope 1 Intensity: 4.12 tCO2e/$MTechnoPro HoldingsYear: 2023Scope 1: 287 tCO2eRevenue: $M 1,380Scope 1 Intensity: 0.21 tCO2e/$MSumitomo Heavy IndustriesYear: 2023Scope 1: 36,272 tCO2eRevenue: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$MIHIYear: 2024Scope 1: 57,951 tCO2eRevenue: $M 8,733Scope 1 Intensity: 6.64 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MTHKYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 2,488Scope 1 Intensity: 3.14 tCO2e/$MUshioYear: 2023Scope 1: 3,539 tCO2eRevenue: $M 1,314Scope 1 Intensity: 2.69 tCO2e/$M

How does Ushio's GHG emissions intensity compare to its peers?

In 2023, Ushio reported a Scope 1 emissions intensity of 2.69 tCO₂e per millions USD. Compared to the peer group median of 4.07 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Ushio rank on GHG emissions intensity within its industry?

In 2023, Ushio ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Ushio is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Ushio's Total Carbon Footprint

In 2023, Ushio reported a total carbon footprint of 5,099,541 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.75% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Ushio's total carbon footprint was Scope 3 emissions, accounting for 99.13% of the company's total carbon footprint, followed by Scope 2 emissions at 0.8%. a

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