Citizen Watch Co
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 43 is higher than 69% 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 Scope 1 and 2 greenhouse gas emissions of approximately 110,816,000 kg CO2e globally. This figure reflects their commitment to transparency in emissions reporting, although specific data for Japan was not disclosed for that year. For the previous year, 2022, Citizen Watch's emissions in Japan included 16,973,000 kg CO2e from Scope 1 and 50,916,000 kg CO2e from Scope 2, totalling about 67,889,000 kg CO2e. Globally, the company reported 19,571,000 kg CO2e from Scope 1, 103,532,000 kg CO2e from Scope 2, and a significant 1,651,188,000 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the supply chain and product use. Citizen Watch has set ambitious reduction targets through the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and 2 emissions by 50.4% by FY2030, using FY2018 as the baseline. Additionally, they are committed to a 30% reduction in Scope 3 emissions from purchased goods and services and the use of sold products over the same timeframe. These commitments align with global efforts to mitigate climate change and demonstrate Citizen Watch's proactive approach to sustainability within the electrical equipment and machinery sector.
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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 | - |
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.
Citizen Watch Co 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.
