Itochu Corporation, a leading player in the wholesale trade and commission trade services sector, is headquartered in Tokyo, Japan. Founded in 1858, the company has evolved significantly, establishing a strong presence in various operational regions, including Asia, North America, and Europe.
Specialising in a diverse range of products and services, Itochu excels in textiles, machinery, food, and chemicals, setting itself apart with its commitment to quality and innovation. The company has achieved notable milestones, including strategic partnerships and expansions that have solidified its market position as a trusted global trading company.
With a rich history and a focus on sustainable practices, Itochu continues to drive growth and adapt to changing market demands, making it a key player in the wholesale trade industry.
+35 vs industry average
Itochu’s score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Wholesale Trade has below-average carbon intensity
Industry performance
The Wholesale Trade industry has increased its overall emissions by 53% since 2019
Emissions trajectory 2020 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
Itochu's reported carbon emissions
Itochu Corporation, a wholesale trade and commission trade services company based in Japan, has established comprehensive climate commitments. The company aims to achieve net zero greenhouse gas (GHG) emissions by 2050. To support this, Itochu has set an ambitious target of a 75% GHG reduction from 2018 levels by 2040, with a concurrent aim for "offset zero" through the promotion of businesses that contribute to GHG emission reductions. Furthermore, a near-term objective is to achieve a 40% reduction from 2018 levels by 2030. In terms of emissions reporting, for the fiscal year ending 2024, Itochu reported Scope 1 emissions of approximately 1,062,000,000 kg CO2e and Scope 2 emissions of approximately 627,000,000 kg CO2e. Scope 3 emissions for the same period were reported across various categories, including approximately 947,000,000 kg CO2e for franchises, 506,000,000 kg CO2e for capital goods, 133,000,000 kg CO2e for business travel, 27,000,000 kg CO2e for employee commute, 232,000,000 kg CO2e for waste generated in operations, 378,000,000 kg CO2e for fuel and energy-related activities, and 11,000,000 kg CO2e for upstream transportation and distribution. The total calculated emissions for this period were approximately 3,923,000,000 kg CO2e. For the fiscal year ending 2025, Itochu reported Scope 1 emissions of approximately 1,087,000,000 kg CO2e and Scope 2 emissions of approximately 640,000,000 kg CO2e. For the fiscal year ending 2026, Scope 1 emissions were approximately 1,162,000,000 kg CO2e, and Scope 2 emissions were approximately 699,000,000 kg CO2e. Itochu has also reported achieving ahead of schedule its target to reduce GHG emissions by 50% compared with the fiscal year ending 2019 level, which was a near-term goal achieved by fiscal year ending 2023. Additionally, Itochu has set short-term reduction targets for Scope 1 and Scope 2 emissions at its Japanese bases, with a target for FYE 2026 to reduce total Scope 1+2 emissions to approximately 5,785 tonnes CO2e from a base year of FYE 2022.
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Itochu’s Climate Goals (2030 & 2050)
8 goals2040
75% reduction in all scopes
Achieve 75% reduction from 2018 levels by 2040.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Itochu
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