Hagiwara Electric Holdings Co Sustainability Profile
Hagiwara Electric Holdings Co., a prominent player in the electrical and electronics industry, is headquartered in Japan. Established in the early 20th century, the company has evolved significantly, marking key milestones in innovation and market expansion. Hagiwara Electric is renowned for its cutting-edge solutions in power supply systems, semiconductor devices, and electronic components, which are distinguished by their reliability and efficiency. With a strong presence in Asia and beyond, Hagiwara Electric has solidified its market position through a commitment to quality and technological advancement. The company’s core offerings cater to various sectors, including telecommunications, automotive, and industrial applications, making it a trusted partner for businesses seeking high-performance electrical solutions. Notable achievements include numerous industry awards and certifications, underscoring Hagiwara Electric's dedication to excellence and sustainability in the ever-evolving electronics landscape.
DitchCarbon Score
How does Hagiwara Electric Holdings Co'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
Hagiwara Electric Holdings Co's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hagiwara Electric Holdings Co's reported carbon emissions
In 2022, Hagiwara Electric Holdings Co., headquartered in Japan, reported total carbon emissions of approximately 615,806,000 kg CO2e. This figure includes Scope 1 emissions of about 288,000 kg CO2e, Scope 2 emissions of approximately 969,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 614,549,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, with a target to achieve carbon neutrality by 2050, encompassing all scopes of emissions. In 2021, the total emissions were slightly lower at about 584,432,000 kg CO2e, with Scope 1 emissions at approximately 296,000 kg CO2e and Scope 2 emissions at around 872,000 kg CO2e (market-based). The Scope 3 emissions for that year were also substantial, at about 583,264,000 kg CO2e. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Hagiwara Electric Holdings Co., Ltd. The firm is actively working towards its long-term climate goals, reflecting a growing trend in the industry towards sustainability and carbon reduction.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 321,000 | 000,000 | 000,000 |
| Scope 2 | 986,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hagiwara Electric Holdings Co's Industry?
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Hagiwara Electric Holdings Co's Scope 3 Categories Breakdown
Hagiwara Electric Holdings Co's Scope 3 emissions, which increased by 5% last year and increased by approximately 5% since 2021, 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 98% of Scope 3 emissions.
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Hagiwara Electric Holdings Co'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.
Hagiwara Electric Holdings Co 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.
