Espec Sustainability Profile
Espec Corporation, commonly referred to as Espec, is a leading provider of environmental testing solutions headquartered in Japan. Established in 1954, the company has made significant strides in the industry, particularly in the fields of temperature and humidity testing, vibration testing, and reliability testing. With a strong presence in Asia, Europe, and North America, Espec serves a diverse range of sectors, including automotive, electronics, and aerospace. Espec's core offerings include advanced environmental test chambers and reliability testing services, distinguished by their precision and innovative technology. The company is recognised for its commitment to quality and has achieved notable milestones, such as the development of cutting-edge testing equipment that meets international standards. With a solid market position, Espec continues to be a trusted partner for businesses seeking to enhance product reliability and performance.
DitchCarbon Score
How does Espec'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 Electrical Machinery 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
Espec's score of 32 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Espec's reported carbon emissions
In 2021, Espec Corp., headquartered in Japan, reported total carbon emissions of approximately 883,400,000 kg CO2e. This figure includes Scope 1 emissions of about 3,293,000 kg CO2e, Scope 2 emissions of around 4,248,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 875,859,000 kg CO2e. The Scope 3 emissions breakdown reveals that the use of sold products accounted for about 763,645,000 kg CO2e, highlighting the importance of addressing indirect emissions in their climate strategy. Espec has set ambitious reduction targets, committing to a 60% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, the company aims to reduce Scope 3 emissions from the use and end-of-life treatment of sold products by 30% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. In previous years, Espec's emissions were also substantial, with 2020 emissions reported at approximately 605,544,000 kg CO2e and 2019 emissions at about 813,329,000 kg CO2e. The company is actively working towards these reduction goals, demonstrating a commitment to sustainability and climate responsibility in the electrical equipment and machinery sector.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 3,433,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,635,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 799,261,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Espec's Industry?
How Carbon Intensive is Espec's Location?
Espec's Scope 3 Categories Breakdown
Espec's Scope 3 emissions, which increased by 47% last year and increased by approximately 10% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 87% of Scope 3 emissions.
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Espec'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.
Espec 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 Espec's sustainability data and climate commitments