LY CORPORATION Sustainability Profile
LY Corporation, headquartered in Japan, is a leading player in the technology and manufacturing sectors, specialising in innovative solutions for various industries. Founded in [year], the company has established a strong presence in key operational regions across Asia and beyond, consistently delivering high-quality products and services. With a focus on advanced electronics and precision engineering, LY Corporation is renowned for its unique offerings that blend cutting-edge technology with exceptional craftsmanship. The company has achieved significant milestones, positioning itself as a trusted partner for clients seeking reliable and efficient solutions. Recognised for its commitment to excellence, LY Corporation continues to set industry standards, making it a formidable competitor in the global market. Its dedication to innovation and customer satisfaction has solidified its reputation as a leader in the technology landscape.
DitchCarbon Score
How does LY 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 Computer Services 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
LY CORPORATION's score of 55 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LY CORPORATION's reported carbon emissions
In 2024, LY Corporation reported total carbon emissions of approximately 4,000,000 kg CO2e for Scope 1, about 25,000,000 kg CO2e for Scope 2 (market-based), and a significant 3,984,435,000 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, covering all three scopes. In 2023, the company recorded emissions of about 3,554,000 kg CO2e for Scope 1, approximately 90,514,000 kg CO2e for Scope 2 (market-based), and around 3,289,809,000 kg CO2e for Scope 3. The data indicates a slight increase in Scope 1 emissions compared to 2022, where Scope 1 emissions were about 3,646,000 kg CO2e, and Scope 2 emissions were approximately 114,113,000 kg CO2e (market-based). LY Corporation's emissions data is cascaded from its parent company, LY Corporation, which maintains a commitment to transparency in its climate impact. However, there are currently no specific reduction targets or net-zero commitments reported for LY Corporation, as indicated by the absence of near-term or long-term targets in their sustainability initiatives. The company operates within the software and services sector in Japan and has not established any formal climate pledges or commitments to net-zero emissions. This context highlights the need for further climate action and strategic planning to address their substantial carbon footprint, particularly in Scope 3 emissions, which constitute the majority of their total emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,212,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 114,142,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,549,890,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is LY CORPORATION's Industry?
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LY CORPORATION's Scope 3 Categories Breakdown
LY CORPORATION's Scope 3 emissions, which increased by 21% last year and increased by approximately 56% since 2019, 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 52% of Scope 3 emissions.
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LY 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.
LY 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.
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Frequently Asked Questions
Common questions about LY CORPORATION's sustainability data and climate commitments