Ihi
IHI Corporation, commonly referred to as IHI, is a prominent Japanese engineering company headquartered in Tokyo, Japan. Established in 1853, IHI has evolved into a leader in the industrial sector, focusing on diverse areas such as aerospace, energy, and social infrastructure. The company is renowned for its innovative solutions in turbine manufacturing, plant engineering, and construction services. With a strong presence in Asia, Europe, and North America, IHI has achieved significant milestones, including advancements in gas turbine technology and contributions to major infrastructure projects. Its core offerings, characterised by cutting-edge technology and sustainability, set IHI apart in a competitive market. The company’s commitment to excellence has solidified its position as a key player in the global engineering landscape, making it a trusted partner for various industries.
DitchCarbon Score
How does Ihi'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 Machinery and Equipment 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
Ihi's score of 42 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ihi's reported carbon emissions
In 2023, IHI Corporation reported total carbon emissions of approximately 403,575,000,000 kg CO2e, with emissions distributed across various scopes: 146,937,000 kg CO2e from Scope 1, 65,033,000 kg CO2e from Scope 2, and a significant 403,575,000,000 kg CO2e from Scope 3. This represents a notable increase in Scope 3 emissions compared to previous years, indicating a growing impact from the use of sold products, which accounted for about 398,165,000,000 kg CO2e. In 2022, IHI's emissions were approximately 184,475,000,000 kg CO2e, with Scope 1 emissions at 154,284,000 kg CO2e and Scope 2 emissions at 61,469,000 kg CO2e. The trend shows a gradual increase in emissions over the years, with 2021 reporting approximately 177,593,000,000 kg CO2e in Scope 3 emissions. IHI has not disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. The absence of documented reduction targets suggests that while IHI is actively measuring its emissions, it may not yet have formalised a comprehensive plan to reduce its carbon footprint. Overall, IHI's emissions data highlights the need for enhanced climate action and commitment to sustainability practices, particularly in managing Scope 3 emissions, which represent the largest portion of their carbon footprint.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ihi is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
