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 26 is lower 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 despite not having specific carbon emissions data available. The company has committed to significant reductions in greenhouse gas (GHG) emissions across various scopes. By fiscal year 2030, Iwasaki aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% from a fiscal year 2020 baseline. Additionally, the company plans to cut absolute Scope 3 emissions, which include those from purchased goods and services as well as the use of sold products, by 25% within the same timeframe. Iwasaki Electric's targets align with the Science Based Targets initiative (SBTi) and are designed to support the global goal of limiting temperature rise to 1.5°C. The company has also committed to achieving net-zero emissions across all scopes by 2050, demonstrating a long-term commitment to sustainability and climate action. These initiatives reflect Iwasaki Electric's proactive approach to addressing climate change and reducing its environmental impact in the electrical equipment and machinery sector.
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.