Chugoku Electric Power Sustainability Profile
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.
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.
Industry Benchmark
Chugoku Electric Power's score of 34 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 19,610,000,000 kg CO2e, Scope 2 emissions of approximately 40,000,000,000 kg CO2e, and Scope 3 emissions totalling around 13,000,000,000 kg CO2e. Notably, the Scope 3 emissions breakdown includes significant contributions from fuel and energy-related activities (about 8,300,000,000 kg CO2e) and the use of sold products (approximately 2,200,000,000 kg CO2e). In comparison, the previous year, 2022, saw total emissions of about 18,880,000,000 kg CO2e, with Scope 1 emissions at approximately 18,500,000,000 kg CO2e and Scope 2 emissions around 30,000,000,000 kg CO2e. The Scope 3 emissions for 2022 were reported at about 10,880,000,000 kg CO2e. Chugoku Electric Power has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, while Chugoku Electric Power has made strides in emissions reporting, the absence of defined reduction targets highlights an area for potential improvement in its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 20,340,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 40,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | 14,300,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Chugoku Electric Power's Industry?
How Carbon Intensive is Chugoku Electric Power's Location?
Chugoku Electric Power's Scope 3 Categories Breakdown
Chugoku Electric Power's Scope 3 emissions, which increased by 19% last year and decreased by approximately 9% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 18% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 64% of Scope 3 emissions.
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Chugoku Electric Power's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chugoku Electric Power has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
