Menicon Co
Menicon Co., Ltd., a leading player in the contact lens industry, is headquartered in Japan and operates extensively across Asia, Europe, and the Americas. Founded in 1951, Menicon has established itself as a pioneer in the development of innovative contact lens solutions and ocular health products. The company is renowned for its high-quality soft and rigid gas permeable contact lenses, as well as advanced lens care solutions. Menicon's commitment to research and development has led to unique offerings that prioritise comfort and eye health. With a strong market position, Menicon has achieved significant milestones, including the introduction of the world’s first disposable contact lens. The company continues to be recognised for its contributions to the optical industry, making it a trusted name among eye care professionals and consumers alike.
DitchCarbon Score
How does Menicon 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 Business Services 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
Menicon Co's score of 38 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Menicon Co's reported carbon emissions
In 2023, Menicon Co, headquartered in Japan, reported total carbon emissions of approximately 200,380,000 kg CO2e across all scopes. This includes 3,930,000 kg CO2e from Scope 1, 21,310,000 kg CO2e from Scope 2, and 200,380,000 kg CO2e from Scope 3 emissions. The company's Scope 3 emissions are significantly high, with the largest contributions coming from purchased goods and services (138,270,000 kg CO2e) and capital goods (28,740,000 kg CO2e). In 2022, Menicon's total emissions were about 182,880,000 kg CO2e, with Scope 1 emissions at 3,920,000 kg CO2e and Scope 2 emissions at 18,350,000 kg CO2e. The trend shows an increase in emissions over the years, with 2021 reporting approximately 110,300,000 kg CO2e in Scope 3 emissions alone. Despite the rising emissions, Menicon has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the industry context. As a leading player in the contact lens market, Menicon's climate actions will be crucial in addressing the broader environmental challenges faced by the manufacturing sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,940,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,800,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 110,300,000 | 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.
Menicon Co is not committed to any 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.
