Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan Sustainability Profile
Hoya Magnetics Singapore, a subsidiary of Hoya Corporation, is a leading player in the precision optics and magnetics industry. Established in Singapore, the company has expanded its operational footprint to include a state-of-the-art Research and Development Facility in Yamanashi Prefecture, Japan. Founded in the early 2000s, Hoya Magnetics has achieved significant milestones, including advancements in magnetic materials and optical components. The company specialises in high-performance magnetic products and optical solutions, catering to diverse sectors such as electronics, healthcare, and telecommunications. Hoya Magnetics is renowned for its innovative approach, combining cutting-edge technology with rigorous research to deliver unique, high-quality products. With a strong market position, Hoya Magnetics continues to set industry standards, contributing to advancements in precision engineering and manufacturing.
DitchCarbon Score
How does Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan'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 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
Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan's score of 50 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hoya Magnetics Singapore, along with its Research and Development Facility in Yamanashi Prefecture, Japan, currently does not report specific carbon emissions data for the most recent year. As a result, there are no absolute emissions figures available in kg CO2e. The organisation's climate commitments and reduction initiatives are also unspecified, indicating a lack of defined targets or achievements in this area. However, it is important to note that Hoya Magnetics Singapore inherits emissions data and climate initiatives from its parent company, Western Digital Corporation. This relationship suggests that any climate commitments or performance metrics may be influenced by Western Digital's sustainability strategies. Specifically, emissions data and reduction targets are cascaded from Western Digital Corporation, which operates at a similar corporate level. As of now, Hoya Magnetics Singapore does not have specific reduction targets or initiatives documented, and there are no climate pledges reported. The absence of detailed emissions data and commitments highlights a potential area for future development in their sustainability practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 46,269,280 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,107,529,260 | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan's Industry?
How Carbon Intensive is Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan's Location?
Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan's Scope 3 Categories Breakdown
Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan's Scope 3 emissions, which increased by 3% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan'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.
Hoya Magnetics Singapore and a Research and Development Facility in Yamanashi Prefecture, Japan 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.
