Honda Lock Mfg. Co. Ltd Sustainability Profile
Honda Lock Mfg. Co. Ltd., commonly referred to as Honda Lock, is a prominent player in the automotive and security industries, headquartered in Japan. Established in 1953, the company has evolved significantly, marking key milestones in innovation and technology throughout its history. Specialising in the design and manufacture of locking systems, Honda Lock offers a diverse range of products, including automotive locks, keyless entry systems, and security solutions. Their commitment to quality and advanced engineering sets them apart in a competitive market. With a strong presence in Asia and expanding operations globally, Honda Lock has solidified its position as a trusted supplier for major automotive manufacturers, contributing to enhanced vehicle security and user convenience.
DitchCarbon Score
How does Honda Lock Mfg. Co. Ltd'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 Motor Vehicle Retail 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
Honda Lock Mfg. Co. Ltd's score of 55 is higher 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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Honda Lock Mfg. Co. Ltd's reported carbon emissions
In 2023, Honda Lock Mfg. Co. Ltd reported significant carbon emissions, totalling approximately 1,070,000,000 kg CO2e for Scope 1, 3,380,000,000 kg CO2e for Scope 2, and a substantial 297,750,000,000 kg CO2e for Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all three scopes, with Scope 3 emissions primarily driven by purchased goods and services, accounting for about 220,210,000,000 kg CO2e. Comparatively, in 2022, the company recorded emissions of about 1,090,000,000 kg CO2e for Scope 1, 3,140,000,000 kg CO2e for Scope 2, and 322,570,000,000 kg CO2e for Scope 3. This indicates a slight reduction in Scope 1 emissions but an increase in Scope 3 emissions year-on-year. Honda Lock Mfg. Co. Ltd is part of a corporate family relationship with MINEBEA MITSUMI Inc., which influences its climate commitments. However, there are currently no specific reduction targets or climate pledges disclosed by Honda Lock Mfg. Co. Ltd. The absence of documented reduction initiatives suggests a need for further development in their climate strategy. Overall, Honda Lock Mfg. Co. Ltd's emissions data highlights the importance of addressing both direct and indirect emissions as part of their climate commitments, particularly in the context of their corporate structure and industry standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,240,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Honda Lock Mfg. Co. Ltd's Industry?
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Honda Lock Mfg. Co. Ltd's Scope 3 Categories Breakdown
Honda Lock Mfg. Co. Ltd's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 8% since 2020, 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 primary emissions source at 74% of Scope 3 emissions.
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Honda Lock Mfg. Co. Ltd'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.
Honda Lock Mfg. Co. Ltd 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.
