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Daikin Industries, Ltd., commonly known as Daikin, is a leading player in the machinery and equipment sector, specifically within the "Machinery and equipment n.e.c. (29)" industry. Headquartered in Japan, Daikin has established a strong presence across major operational regions, including Asia, Europe, and North America. Founded in 1924, the company has achieved significant milestones, including pioneering advancements in air conditioning technology.
Daikin is renowned for its innovative HVAC solutions, including air conditioning systems, refrigerants, and heat pumps, which are distinguished by their energy efficiency and environmental sustainability. As a market leader, Daikin has garnered numerous accolades for its commitment to quality and innovation, solidifying its position as a trusted name in climate control solutions worldwide.
+62 vs industry average
Daikin’s score of 89 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment has above-average carbon intensity
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Daikin's latest disclosed emissions data indicates approximately 313.09 billion kg CO2e for 2024. This total includes 514 million kg CO2e from Scope 1 emissions, 366 million kg CO2e from Scope 2 (market-based), and approximately 312.21 billion kg CO2e from Scope 3 emissions. A significant portion of Scope 3 emissions in 2024 comes from the use of sold products (approximately 262.6 billion kg CO2e) and end-of-life treatment of sold products (approximately 43.38 billion kg CO2e).
Looking ahead to 2025, projected Scope 1 emissions are about 513.74 million kg CO2e, with Scope 2 (market-based) at approximately 365.51 million kg CO2e. Estimated Scope 3 emissions for 2025 include approximately 234.56 billion kg CO2e from the use of sold products and around 41.69 billion kg CO2e from the end-of-life treatment of sold products.
Daikin, headquartered in Japan and operating in the Machinery and equipment sector, has set several ambitious climate commitments. The company aims for net-zero greenhouse gas emissions across its entire value chain by fiscal year 2050, as recognised by the Science Based Targets initiative (SBTi).
Near-term SBTi targets for Daikin Industries, Ltd. include reducing absolute Scope 1 and 2 GHG emissions by 46.2% by fiscal year 2031 from a fiscal year 2020 base year. Additionally, the company commits to reducing Scope 3 GHG emissions from the use of sold products and end-of-life treatment of sold products by 55% per JPY value added within the same timeframe. These targets are classified as consistent with a 1.5°C global warming limit.
Other commitments include achieving carbon neutrality for Scope 1 and Scope 2 emissions by 2030, and reducing net greenhouse gas emissions from internal business activities by 30% or more in 2025 and 50% or more in 2030, compared to a 2019 baseline (business as usual scenario). Daikin also targets a 40% reduction in greenhouse gas emissions from product development and production processes by fiscal year 2025, compared to fiscal year 2015 levels.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Daikin’s sustainability data and climate commitments
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