Yokogawa Electric
Yokogawa Electric Corporation, commonly known as Yokogawa, is a leading global provider of industrial automation, test and measurement solutions, headquartered in Japan. Founded in 1915, the company has established a strong presence in key operational regions, including Asia, Europe, and North America, serving various industries such as oil and gas, chemicals, and power generation. Yokogawa is renowned for its innovative core products, including advanced process control systems, field instruments, and software solutions that enhance operational efficiency and safety. The company’s commitment to quality and technological advancement has positioned it as a trusted partner in the industrial sector. With a rich history of milestones, Yokogawa continues to achieve notable recognition for its contributions to automation and digital transformation, solidifying its market leadership.
DitchCarbon Score
How does Yokogawa Electric'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 Electrical Machinery Manufacturing 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
Yokogawa Electric's score of 52 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yokogawa Electric's reported carbon emissions
In 2023, Yokogawa Electric Corporation reported total greenhouse gas emissions of approximately 644,219,000 kg CO2e. This figure includes Scope 1 emissions of about 11,966,000 kg CO2e, Scope 2 emissions of approximately 45,409,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 644,219,000 kg CO2e. Notably, the Scope 3 emissions breakdown includes 26,241,000 kg CO2e from capital goods, 22,154,000 kg CO2e from business travel, and 287,131,000 kg CO2e from the use of sold products. Yokogawa has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2019 baseline. Additionally, the company targets a 30% reduction in absolute Scope 3 emissions, specifically from purchased goods and services and the use of sold products, within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to achieving net-zero emissions by 2050. The company’s interim goals include a 50% reduction in GHG emissions from both Scope 1 and Scope 2 by FY2030, demonstrating a proactive approach to climate action. Yokogawa's strategy involves the introduction of renewable energy and enhanced energy efficiency to meet these targets, contributing to global efforts to mitigate climate change.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 35,867,000 | - | - | - | - | - | - | - | 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.
Yokogawa Electric is participating in some of the initiatives that 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.
