Iwasaki Electric Co., Ltd., a prominent player in the lighting and electrical equipment industry, is headquartered in Japan. Founded in 1912, the company has established itself as a leader in innovative lighting solutions, particularly in the fields of LED technology and industrial lighting. With a strong presence in both domestic and international markets, Iwasaki Electric operates extensively across Asia and beyond. The company is renowned for its high-quality products, including energy-efficient LED lighting systems and advanced control technologies, which are designed to enhance energy savings and environmental sustainability. Iwasaki Electric's commitment to research and development has led to numerous industry accolades, solidifying its position as a trusted name in the electrical sector. With a focus on innovation and quality, Iwasaki Electric continues to shape the future of lighting solutions globally.
How does Iwasaki Electric 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.
Mean score of companies in the Electrical Machinery Manufacturing 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.
Iwasaki Electric Co., Ltd.'s score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iwasaki Electric Co., Ltd., headquartered in Japan, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. The company has pledged to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by FY2030, using FY2020 as the baseline year. Additionally, Iwasaki Electric aims to cut absolute Scope 3 emissions—specifically from purchased goods and services, as well as the use of sold products—by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. The company is committed to achieving these reductions as part of its long-term strategy to address climate change and enhance sustainability within the electrical equipment and machinery sector. As of now, there is no specific emissions data available for Iwasaki Electric Co., Ltd., indicating a potential area for future reporting and transparency. However, the company's commitment to net-zero emissions by 2050 reflects its dedication to environmental stewardship and responsible corporate practices.
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.
Iwasaki Electric Co., Ltd. is participating in some of the initiatives that 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.