Iwatani Sustainability Profile
Iwatani Corporation, a leading name in the energy and industrial sectors, is headquartered in Japan (JP) and operates extensively across Asia and beyond. Founded in 1930, Iwatani has established itself as a pioneer in the production and distribution of liquefied petroleum gas (LPG) and related products, playing a crucial role in the energy market. The company is renowned for its innovative cooking appliances, including portable gas stoves and outdoor cooking equipment, which are designed for efficiency and safety. Iwatani's commitment to quality and sustainability has positioned it as a trusted brand among consumers and businesses alike. With a strong market presence and a focus on technological advancement, Iwatani continues to achieve notable milestones in the energy industry, reinforcing its reputation as a leader in providing reliable energy solutions.
DitchCarbon Score
How does Iwatani'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 Construction Work 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
Iwatani's score of 49 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iwatani's reported carbon emissions
In 2023, Iwatani Corporation reported total carbon emissions of approximately 12,118,000,000 kg CO2e globally, with 116,000,000 kg CO2e from Scope 1 and 310,000,000 kg CO2e from Scope 2 emissions. The company's emissions in Japan for the same year were about 83,000,000 kg CO2e (Scope 1) and 145,000,000 kg CO2e (Scope 2), totalling around 228,000,000 kg CO2e for these scopes. Iwatani has set ambitious climate commitments, aiming for carbon neutrality by FY2050. As part of its near-term targets, the company plans to reduce Scope 1 and Scope 2 emissions by 50% by FY2030, using 2018 as the baseline year. These targets have been validated by the Science Based Targets initiative (SBTi), ensuring they align with the necessary reductions to limit global warming to 1.5°C. The company has also committed to measuring and reducing its Scope 3 emissions, which were reported at approximately 11,691,000,000 kg CO2e in 2023. This comprehensive approach reflects Iwatani's dedication to addressing its entire carbon footprint and contributing to global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 78,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 140,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Iwatani's Industry?
How Carbon Intensive is Iwatani's Location?
Iwatani's Scope 3 Categories Breakdown
Iwatani's Scope 3 emissions, which increased by 9% last year and increased by approximately 37% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 49% of Scope 3 emissions.
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Iwatani's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Iwatani has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Iwatani's sustainability data and climate commitments