KYB Sustainability Profile
KYB Corporation, headquartered in Japan, is a leading player in the hydraulic equipment and automotive components industry. Founded in 1919, the company has established a strong presence in various regions, including Asia, Europe, and North America. KYB is renowned for its innovative hydraulic systems, shock absorbers, and suspension products, which are integral to both industrial machinery and automotive applications. With a commitment to quality and technological advancement, KYB has achieved significant milestones, including the development of advanced damping technologies that enhance vehicle performance and safety. The company’s market position is bolstered by its reputation for reliability and excellence, making it a preferred choice among manufacturers worldwide. KYB continues to drive progress in the industry, focusing on sustainable solutions and cutting-edge engineering.
DitchCarbon Score
How does KYB'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 Wholesale Trade 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
KYB's score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KYB's reported carbon emissions
In 2023, KYB Corporation reported total carbon emissions of approximately 2,800,000,000 kg CO2e, with emissions distributed across various scopes: 55,564,000 kg CO2e (Scope 1), 156,167,000 kg CO2e (Scope 2), and 2,588,000,000 kg CO2e (Scope 3). The Scope 3 emissions are particularly significant, with the largest contributions coming from purchased goods and services (2,503,900,000 kg CO2e) and the use of sold products (321,311,000 kg CO2e). Comparatively, in 2022, KYB's emissions were lower, totalling approximately 139,000,000 kg CO2e, with 40,144,000 kg CO2e (Scope 1), 91,643,000 kg CO2e (Scope 2), and 79,704,000 kg CO2e (Scope 3). This indicates a substantial increase in emissions in 2023, particularly in Scope 3 categories. KYB has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively engaged in climate initiatives, as evidenced by its commitment status with the Science Based Targets initiative (SBTi), indicating a proactive approach to managing its carbon footprint. However, it has not yet committed to a net-zero target. Overall, KYB's emissions data reflects the challenges faced by the automotive and components sector in reducing carbon emissions, particularly in Scope 3 categories, which often represent the majority of a company's total emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 000,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 77,755,000 | 00,000,000 | 00,000,000 | 0,000,000,000 |
How Carbon Intensive is KYB's Industry?
How Carbon Intensive is KYB's Location?
KYB's Scope 3 Categories Breakdown
KYB's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
Top Scope 3 Categories
KYB'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.
KYB 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.
Frequently Asked Questions
Common questions about KYB's sustainability data and climate commitments