Daiwa House Industry Co

Daiwa House Industry Co., based in Japan and operating in "Other business services (74)", reported its most recent carbon emissions for 2024. The company's Scope 1 emissions were approximately 218 million kg CO2e, and Scope 2 emissions (market-based) were around 14 million kg CO2e. Scope 3 emissions totalled about 8.37 billion kg CO2e, with significant contributions from 'use of sold products' (3.89 billion kg CO2e), 'purchased goods and services' (2.32 billion kg CO2e), and 'end of life treatment of sold products' (1.45 billion kg CO2e). The total calculated emissions for 2024 amounted to approximately 8.60 billion kg CO2e.

Looking back, in 2023, Daiwa House Industry Co. reported Scope 1 emissions of approximately 684 million kg CO2e and Scope 2 emissions (market-based) of around 16 million kg CO2e. Scope 3 emissions were about 9.60 billion kg CO2e, with 'use of sold products' at roughly 4.62 billion kg CO2e and 'end of life treatment of sold products' at approximately 1.67 billion kg CO2e. In 2022, Scope 1 emissions were about 238 million kg CO2e, Scope 2 emissions (market-based) were around 131 million kg CO2e, and Scope 3 emissions reached approximately 11.86 billion kg CO2e. In 2021, Scope 1 emissions were about 221 million kg CO2e, Scope 2 emissions (market-based) were around 218 million kg CO2e, and Scope 3 emissions were approximately 12.97 billion kg CO2e. For 2020, the total calculated emissions were about 14.24 billion kg CO2e, consisting of approximately 216.4 million kg CO2e for Scope 1, 207 million kg CO2e for Scope 2, and 13.81 billion kg CO2e for Scope 3.

Daiwa House Industry Co. has set ambitious climate commitments. The company aims for carbon neutrality by 2050 and has a near-term target to reduce greenhouse gas emissions across its entire value chain (Scopes 1, 2, and 3) by 40% by 2030, using a 2015 baseline. Specifically, for its direct business activities, Daiwa House Industry Co. commits to reducing Scope 1 and 2 GHG emissions by 70% from the 2015 level by 2030. The company's Science Based Targets initiative (SBTi) commitments, verified for a 1.5°C trajectory, include a 70% absolute reduction in Scope 1 and 2 GHG emissions by FY2031 from a FY2016 base year. Furthermore, Daiwa House Industry Co. commits to reduce absolute Scope 3 GHG emissions from the use of sold products by 63% within the same timeframe, and aims for 90% of its suppliers by spend to set science-based targets by FY2026. Long-term, the company commits to a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by FY2050 from a FY2016 base year, aligning with its net-zero target for FY2050.