Nippon Thompson Co
Nippon Thompson Co., Ltd., commonly known as IKO, is a leading manufacturer in the bearing industry, headquartered in Japan. Established in 1950, the company has made significant strides in the development of high-quality linear motion bearings and precision components, serving diverse sectors such as automotive, aerospace, and industrial machinery. With a strong presence in Asia, Europe, and North America, IKO is renowned for its innovative products, including needle roller bearings and linear guides, which are distinguished by their durability and performance. The company has achieved notable milestones, including advancements in manufacturing technology and a commitment to sustainability, solidifying its position as a trusted partner in the global market. IKO continues to set industry standards, driven by a dedication to quality and customer satisfaction.
DitchCarbon Score
How does Nippon Thompson Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nippon Thompson Co's score of 32 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nippon Thompson Co's reported carbon emissions
In 2023, Nippon Thompson Co., headquartered in Japan, reported total carbon emissions of approximately 360,000,000 kg CO2e. This figure includes 18,632,000 kg CO2e from Scope 1 emissions, 11,483,000 kg CO2e from Scope 2 emissions, and a significant 331,521,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as purchased goods and services, and the use of sold products. The company has set ambitious near-term targets to address its greenhouse gas emissions. By FY2030, Nippon Thompson aims to reduce its absolute Scope 1 and 2 emissions by 42% from a FY2022 baseline. Additionally, it plans to cut Scope 3 emissions from purchased goods and services by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Nippon Thompson's commitment to reducing its carbon footprint reflects a proactive approach to climate change, focusing on both direct and indirect emissions across its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 32,625,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 15,930,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,248,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nippon Thompson Co is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
