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 62 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 reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
Itochu's reported carbon emissions
Itochu's Climate Commitments and Emissions Overview
Itochu, a Japanese wholesale trade and commission trade services company, has established comprehensive climate commitments. The company aims to achieve net-zero greenhouse gas (GHG) emissions by 2050. As part of its long-term strategy, Itochu is committed to a 75% reduction in GHG emissions from 2018 levels by 2040, with an ambitious goal of achieving "offset zero" through the promotion of businesses that contribute to GHG emission reductions.
For the near term, Itochu has set a target to reduce GHG emissions by 40% from 2018 levels by 2030, aligning with Japan's government interim targets.
Emissions Data:
- 2026: Itochu reported Scope 1 emissions of approximately 1.16 billion kg CO2e and Scope 2 emissions of approximately 699 million kg CO2e.
- 2025: Scope 1 emissions were approximately 1.09 billion kg CO2e, and Scope 2 emissions were approximately 640 million kg CO2e.
- 2024: Total reported emissions were approximately 3.92 billion kg CO2e, comprising Scope 1 emissions of approximately 1.06 billion kg CO2e, Scope 2 emissions of approximately 627 million kg CO2e, and Scope 3 emissions including franchises (approximately 947 million kg CO2e), capital goods (approximately 506 million kg CO2e), business travel (approximately 133 million kg CO2e), employee commute (approximately 27 million kg CO2e), waste generated in operations (approximately 232 million kg CO2e), fuel and energy-related activities (approximately 378 million kg CO2e), and upstream transportation and distribution (approximately 11 million kg CO2e).
- 2023: Scope 1 emissions were approximately 1.17 billion kg CO2e, Scope 2 emissions were approximately 600 million kg CO2e, and Scope 3 emissions included franchises (approximately 1.03 billion kg CO2e), capital goods (approximately 598 million kg CO2e), business travel (approximately 44 million kg CO2e), employee commute (approximately 18 million kg CO2e), waste generated in operations (approximately 298 million kg CO2e), fuel and energy-related activities (approximately 342 million kg CO2e), and upstream transportation and distribution (approximately 12 million kg CO2e).
- 2022: Scope 1 emissions totalled approximately 1.49 billion kg CO2e, Scope 2 emissions were approximately 716 million kg CO2e, and Scope 3 emissions included franchises (approximately 1.05 billion kg CO2e), capital goods (approximately 621 million kg CO2e), business travel (approximately 25 million kg CO2e), employee commute (approximately 23 million kg CO2e), waste generated in operations (approximately 350 million kg CO2e), fuel and energy-related activities (approximately 389 million kg CO2e), and upstream transportation and distribution (approximately 10 million kg CO2e).
- 2021: Scope 1 emissions were approximately 1.52 billion kg CO2e, Scope 2 emissions were approximately 800 million kg CO2e, and Scope 3 emissions included franchises (approximately 1.09 billion kg CO2e), capital goods (approximately 660 million kg CO2e), business travel (approximately 21 million kg CO2e), employee commute (approximately 25 million kg CO2e), waste generated in operations (approximately 369 million kg CO2e), fuel and energy-related activities (approximately 310 million kg CO2e), and upstream transportation and distribution (approximately 12 million kg CO2e).
- 2020: Scope 1 emissions amounted to approximately 1.20 billion kg CO2e, Scope 2 emissions were approximately 836 million kg CO2e, and Scope 3 emissions included franchises (approximately 1.15 billion kg CO2e), capital goods (approximately 800 million kg CO2e), business travel (approximately 56 million kg CO2e), employee commute (approximately 25 million kg CO2e), waste generated in operations (approximately 235 million kg CO2e), fuel and energy-related activities (approximately 328 million kg CO2e), and upstream transportation and distribution (approximately 13 million kg CO2e).
- 2019: Total emissions were approximately 4.16 billion kg CO2e, with Scope 1 emissions of approximately 1.21 billion kg CO2e and Scope 2 emissions of approximately 771 million kg CO2e. Scope 3 emissions included franchises (approximately 1.22 billion kg CO2e), capital goods (approximately 373 million kg CO2e), business travel (approximately 71 million kg CO2e), employee commute (approximately 27 million kg CO2e), waste generated in operations (approximately 229 million kg CO2e), fuel and energy-related activities (approximately 239 million kg CO2e), and upstream transportation and distribution (approximately 15 million kg CO2e).
- 2018: Scope 1 emissions were approximately 1.30 billion kg CO2e, and Scope 2 emissions were approximately 618 million kg CO2e.
- 2017: Scope 1 and 2 emissions combined were approximately 449 million kg CO2e.
- 2016: Scope 1 and 2 emissions combined were approximately 481 million kg CO2e.
- 2015: Scope 1 and 2 emissions combined were approximately 476 million kg CO2e.
Itochu has met its target to reduce GHG emissions by 50% compared to FYE 2019 levels for its fossil fuel businesses and interests ahead of schedule by FYE 2022. The company also reported achieving a 1.0% reduction for Scope 1 and 2 emissions at its Japanese bases between FYE 2022 and FYE 2026.
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Itochu’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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