Jvc Kenwood Holdings Sustainability Profile
JVC Kenwood Holdings Inc., commonly referred to as JVC Kenwood, is a prominent player in the global electronics industry, headquartered in Japan. Founded in 1927, the company has evolved significantly, establishing itself as a leader in audio and visual equipment, professional communication systems, and automotive technologies. With major operational regions across Asia, Europe, and North America, JVC Kenwood is renowned for its innovative products, including high-fidelity audio systems, advanced video solutions, and cutting-edge car entertainment systems. The company’s commitment to quality and technological advancement has earned it a strong market position, marked by notable achievements in both consumer and professional sectors. JVC Kenwood continues to push the boundaries of technology, ensuring its products remain at the forefront of the industry.
DitchCarbon Score
How does Jvc Kenwood Holdings'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 Electricity from Other Sources 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
Jvc Kenwood Holdings's score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jvc Kenwood Holdings's reported carbon emissions
In 2023, JVC Kenwood Holdings reported total carbon emissions of approximately 533,200,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 98.5% of the total. Specifically, Scope 1 emissions were about 1,100,000 kg CO2e, and Scope 2 emissions were approximately 23,600,000 kg CO2e. The breakdown of Scope 3 emissions includes capital goods (34,000,000 kg CO2e), business travel (900,000 kg CO2e), employee commute (2,100,000 kg CO2e), use of sold products (66,100,000 kg CO2e), and purchased goods and services (395,700,000 kg CO2e). In 2022, the company reported a total of approximately 522,500,000 kg CO2e in Scope 3 emissions, alongside Scope 1 emissions of about 1,400,000 kg CO2e and Scope 2 emissions of approximately 32,300,000 kg CO2e. The total emissions for Scope 1 and 2 combined were about 33,700,000 kg CO2e. Despite the substantial emissions figures, JVC Kenwood Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is sourced directly from JVCKENWOOD Corporation, with no cascaded data from a parent organisation. Overall, JVC Kenwood Holdings is positioned within an industry context that increasingly prioritises sustainability, yet it currently lacks defined climate commitments or reduction strategies.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Jvc Kenwood Holdings's Industry?
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Jvc Kenwood Holdings's Scope 3 Categories Breakdown
Jvc Kenwood Holdings's Scope 3 emissions, which increased by 2% last year and increased by approximately 5% since 2021, 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 "Purchased Goods and Services" being the largest emissions source at 74% of Scope 3 emissions.
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Jvc Kenwood Holdings'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.
Jvc Kenwood Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
