Citizen Watch Co Sustainability Profile
Citizen Watch Co., Ltd., commonly known as Citizen, is a renowned Japanese watch manufacturer headquartered in Tokyo, Japan. Established in 1918, the company has evolved into a leader in the horology industry, celebrated for its innovative technology and precision timepieces. Citizen operates globally, with significant markets in Asia, Europe, and the Americas. The brand is particularly noted for its Eco-Drive technology, which harnesses light to power watches, eliminating the need for battery replacements. This commitment to sustainability and innovation has positioned Citizen as a pioneer in the watchmaking sector. With a rich history marked by key milestones, including the introduction of the world’s first light-powered watch in 1976, Citizen continues to achieve notable recognition for its craftsmanship and reliability, solidifying its status as a trusted name in timekeeping.
DitchCarbon Score
How does Citizen Watch 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 Medical Device 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
Citizen Watch Co's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Citizen Watch Co's reported carbon emissions
In 2023, Citizen Watch Co., Ltd. reported total carbon emissions of approximately 110.8 million kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This figure reflects the company's ongoing commitment to sustainability and climate action. For the previous year, 2022, the company disclosed a total of approximately 67.9 million kg CO2e, which included 16.9 million kg CO2e from Scope 1 and about 50.9 million kg CO2e from Scope 2 emissions. This indicates a significant increase in emissions in 2023 compared to 2022. Citizen Watch has set ambitious reduction targets through the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by FY2030, using FY2018 as the baseline. Additionally, it has committed to a 30% reduction in absolute Scope 3 emissions, specifically from purchased goods and services and the use of sold products, over the same timeframe. These commitments align with global efforts to limit temperature rise to 1.5°C, demonstrating Citizen Watch's proactive approach to addressing climate change and reducing its carbon footprint.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is Citizen Watch Co's Industry?
How Carbon Intensive is Citizen Watch Co's Location?
Citizen Watch Co's Scope 3 Categories Breakdown
Citizen Watch Co's Scope 3 emissions, which increased by 44% last year and increased by approximately 109% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 57% of Scope 3 emissions.
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Citizen Watch Co'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.
Citizen Watch Co has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Citizen Watch Co's sustainability data and climate commitments
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