Public Profile

Chugoku Electric Power

Chugoku Electric Power Co., Inc., commonly referred to as Chugoku Electric, is a prominent player in Japan's energy sector, headquartered in Hiroshima. Established in 1951, the company has significantly contributed to the region's electricity supply, primarily serving the Chugoku area, which includes Hiroshima, Okayama, and Yamaguchi prefectures. Specialising in the generation, transmission, and distribution of electricity, Chugoku Electric is known for its commitment to sustainable energy solutions and innovative technologies. The company operates a diverse portfolio of power generation facilities, including thermal, hydroelectric, and renewable energy sources, setting it apart in a competitive market. With a strong focus on customer service and environmental stewardship, Chugoku Electric has achieved notable milestones, positioning itself as a leader in the Japanese energy industry. Its dedication to reliability and sustainability continues to drive its growth and influence in the sector.

DitchCarbon Score

How does Chugoku Electric Power'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.

49

Industry Average

Mean score of companies in the Insurance 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.

24

Industry Benchmark

Chugoku Electric Power's score of 49 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Chugoku Electric Power's reported carbon emissions

In 2023, Chugoku Electric Power reported total carbon emissions of approximately 19,610,000,000 kg CO2e. This figure includes Scope 1 emissions of about 983,000,000 kg CO2e, Scope 2 emissions of around 704,000,000 kg CO2e, and significant Scope 3 emissions totalling approximately 24,720,000,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (approximately 19,610,000,000 kg CO2e) and fuel and energy-related activities (about 8,300,000,000 kg CO2e). In previous years, Chugoku Electric Power has shown a trend of increasing emissions, with 2022 emissions at approximately 25,270,000,000 kg CO2e, 2021 at about 24,150,000,000 kg CO2e, and 2020 at around 20,030,000,000 kg CO2e. The company has not specified any formal reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. Overall, while Chugoku Electric Power has made strides in reporting its emissions, the absence of defined reduction initiatives suggests a need for enhanced climate action strategies to align with global sustainability goals.

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Add to project
202120222023
Scope 1
781,000,000
000,000,000
000,000,000
Scope 2
541,000,000
000,000,000
000,000,000
Scope 3
24,150,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chugoku Electric Power's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Chugoku Electric Power is headquartered in JP, which has a rank of low, indicating low grid carbon 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.

Chugoku Electric Power 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers