Glory Sustainability Profile
Glory, officially known as Glory Global Solutions, is a leading provider of cash management solutions headquartered in Japan. Established in 1918, the company has evolved significantly, marking key milestones in the automation of cash handling across various industries. With a strong presence in Asia, Europe, and the Americas, Glory focuses on enhancing operational efficiency through innovative technology. The company’s core offerings include cash recyclers, coin sorters, and cash management software, all designed to streamline cash processes and improve security. Glory's unique approach combines advanced technology with user-friendly interfaces, setting it apart in the competitive cash management sector. Recognised for its commitment to quality and innovation, Glory continues to solidify its market position as a trusted partner for businesses seeking to optimise their cash operations.
DitchCarbon Score
How does Glory'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 Business Services 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
Glory's score of 22 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Glory's reported carbon emissions
In 2022, Glory reported total carbon emissions of approximately 489,306,000 kg CO2e. This figure includes Scope 1 emissions of about 2,697,000 kg CO2e, Scope 2 emissions of around 12,501,000 kg CO2e, and significant Scope 3 emissions totalling approximately 474,109,000 kg CO2e. The latter category encompasses various sources, with purchased goods and services contributing about 267,125,000 kg CO2e, and the use of sold products accounting for approximately 152,148,000 kg CO2e. Comparatively, in 2021, Glory's total emissions were about 396,235,000 kg CO2e, indicating an increase in emissions year-on-year. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, and there are no documented reduction initiatives currently in place. Glory's emissions data is sourced directly from Glory Ltd., with no cascading from a parent or related organization. The company continues to monitor its carbon footprint and is expected to enhance its climate commitments in the future.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Glory's Industry?
How Carbon Intensive is Glory's Location?
Glory's Scope 3 Categories Breakdown
Glory's Scope 3 emissions, which increased by 25% last year and increased by approximately 26% 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 "Purchased Goods and Services" being the largest emissions source at 56% of Scope 3 emissions.
Top Scope 3 Categories
Glory'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.
Glory 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.
