Daido Metal Co., Ltd Sustainability Profile
Daido Metal Co., Ltd., a prominent player in the bearing industry, is headquartered in Japan and operates extensively across Asia, Europe, and North America. Founded in 1939, the company has established itself as a leader in the production of high-performance bearing materials and components, catering to various sectors including automotive, industrial machinery, and aerospace. Daido Metal is renowned for its innovative products, such as its advanced bearing alloys and customised solutions, which are designed to enhance durability and efficiency. With a commitment to quality and sustainability, the company has achieved significant milestones, including numerous patents and industry awards, solidifying its market position as a trusted supplier. Through continuous research and development, Daido Metal remains at the forefront of technological advancements in the bearing industry.
DitchCarbon Score
How does Daido Metal Co., Ltd'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 Motor Vehicle 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
Daido Metal Co., Ltd's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Daido Metal Co., Ltd's reported carbon emissions
In 2023, Daido Metal Co., Ltd. reported total carbon emissions of approximately 91,344,000 kg CO2e for Scope 1 and about 30,658,000 kg CO2e for Scope 2, resulting in a combined total of around 157,000,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 99,723,000 kg CO2e for Scope 1 and 24,686,000 kg CO2e for Scope 2, totalling about 181,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for carbon neutrality (net-zero CO2 emissions) by 2050 across all scopes. In the near term, Daido Metal has established a target to reduce Scope 1 and 2 greenhouse gas emissions by 48% or more, and Scope 3 emissions by 25% or more, compared to fiscal 2021 levels by 2030. Daido Metal's emissions data is self-reported and does not cascade from any parent organisation. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and responsible environmental stewardship.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 104,006,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 27,161,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Daido Metal Co., Ltd's Industry?
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Daido Metal Co., Ltd'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.
Daido Metal Co., Ltd 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.
