Kioxia Holdings Corporation Sustainability Profile
Kioxia Holdings Corporation, formerly known as Toshiba Memory Corporation, is a leading player in the flash memory and storage solutions industry. Headquartered in Japan, Kioxia operates globally, with significant presence in regions such as North America, Europe, and Asia. Founded in 2017, the company has quickly established itself as a pioneer in NAND flash memory technology, contributing to advancements in data storage and management. Kioxia's core products include SSDs (solid-state drives) and memory cards, renowned for their high performance and reliability. The company is distinguished by its innovative 3D NAND technology, which enhances storage density and efficiency. As a key supplier to major tech firms, Kioxia holds a strong market position, consistently recognised for its contributions to the evolving landscape of data storage solutions.
DitchCarbon Score
How does Kioxia Holdings Corporation'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 Communication Equipment 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.
Industry Benchmark
Kioxia Holdings Corporation's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kioxia Holdings Corporation's reported carbon emissions
In 2021, Kioxia Holdings Corporation reported total carbon emissions of approximately 6,940,000 kg CO2e for Scope 1, 1,848,000,000 kg CO2e for Scope 2, and 4,544,031,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes significant contributions from purchased goods and services (about 4,885,202,000 kg CO2e) and capital goods (approximately 1,259,310,000 kg CO2e). In comparison, the 2020 emissions data showed Scope 1 emissions at about 651,900,000 kg CO2e, Scope 2 at approximately 1,713,400,000 kg CO2e, and Scope 3 at around 4,544,031,000 kg CO2e, indicating a slight increase in emissions across the board. Kioxia has committed to achieving net-zero greenhouse gas emissions by 2050, with this long-term target announced in 2023. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing its carbon footprint comprehensively. The emissions data is not cascaded from any parent company, and all figures are directly reported by Kioxia Holdings Corporation.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 651,900,000 | 000,000,000 |
| Scope 2 | 1,713,400,000 | 0,000,000,000 |
| Scope 3 | 4,544,031,000 | 0,000,000,000 |
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Kioxia Holdings Corporation's Scope 3 Categories Breakdown
Kioxia Holdings Corporation's Scope 3 emissions, which increased by 43% last year and increased by approximately 43% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 72% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 75% of Scope 3 emissions.
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Kioxia Holdings Corporation'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.
Kioxia Holdings Corporation 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.
