Koito Manufacturing Co., Ltd.

Koito Manufacturing Co., Ltd., headquartered in Japan and operating within the electrical machinery and apparatus sector, has outlined ambitious climate commitments. The company aims to achieve carbon neutrality by fiscal year 2051 for both Scope 1 and Scope 2 emissions.

In terms of emissions, for the fiscal year 2024, Koito Manufacturing reported approximately 18,006,000 kg CO2e for Scope 2 emissions and approximately 108,760,000 kg CO2e for Scope 3 emissions. This represents a decrease from previous years; for fiscal year 2023, Scope 2 emissions were approximately 20,250,000 kg CO2e and Scope 3 emissions were approximately 112,517,000 kg CO2e. In fiscal year 2022, Scope 2 emissions stood at about 52,327,000 kg CO2e, with Scope 3 emissions at approximately 118,016,000 kg CO2e. For fiscal year 2021, Scope 2 emissions were recorded at approximately 59,358,000 kg CO2e and Scope 3 emissions at approximately 145,353,000 kg CO2e. The company's fiscal year 2020 data shows Scope 2 emissions of approximately 60,750,000 kg CO2e and Scope 3 emissions of about 93,302,000 kg CO2e.

Historical data indicates significant shifts. In fiscal year 2019, Scope 1 and 2 emissions combined were approximately 465,600,000 kg CO2e, with an additional 14,000,000 kg CO2e reported for upstream transportation and distribution within Scope 3. In fiscal year 2015, Scope 1 and 2 emissions totalled approximately 542,800,000 kg CO2e.

It is important to note that Scope 1 emissions data is not consistently reported across all years, and Scope 3 data often has missing categories, such as purchased goods and services. The company's reporting primarily focuses on Scope 2 and Scope 3, with a clear objective to reach carbon neutrality by 2051.