Marelli Holdings Co., Ltd. Sustainability Profile
Marelli Holdings Co., Ltd., a prominent player in the automotive industry, is headquartered in Japan and operates extensively across Asia, Europe, and the Americas. Founded in 2018 through the merger of Magneti Marelli and Calsonic Kansei, the company has quickly established itself as a leader in advanced automotive technologies. Marelli's core business areas include powertrain, electronics, and lighting systems, offering innovative solutions that enhance vehicle performance and sustainability. Renowned for its commitment to quality and cutting-edge design, Marelli's products are integral to the success of numerous global automotive manufacturers. With a strong market position and a focus on research and development, Marelli continues to drive advancements in the automotive sector, solidifying its reputation as a trusted partner in mobility solutions.
DitchCarbon Score
How does Marelli Holdings Co., Ltd.'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 Real Estate 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
Marelli Holdings Co., Ltd.'s score of 57 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marelli Holdings Co., Ltd.'s reported carbon emissions
In 2023, Marelli Holdings Co., Ltd. reported significant carbon emissions from its operations in Japan, totalling approximately 4,000,000 kg CO2e in Scope 1 emissions, 334,812,000 kg CO2e in Scope 2 emissions (market-based), and a staggering 3,908,567,000 kg CO2e in Scope 3 emissions. This comprehensive data reflects the company's commitment to transparency in its environmental impact. Marelli has set ambitious reduction targets as part of its climate strategy. The company aims to achieve a 12.5% reduction in absolute Scope 1 and Scope 2 emissions by 2024, based on 2020 levels. Furthermore, it has committed to a long-term goal of reducing absolute Scope 1, 2, and 3 greenhouse gas emissions by 90% by 2045, using 2022 as the baseline year. In the near term, Marelli plans to reduce Scope 1 emissions by 42% and Scope 2 emissions by 42% by 2030. Additionally, Marelli has pledged to reach net-zero greenhouse gas emissions across its entire value chain by 2045. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects the company's dedication to addressing climate change and reducing its carbon footprint in the automotive sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 22,775,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 159,449,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 2,209,644,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Marelli Holdings Co., Ltd.'s Scope 3 Categories Breakdown
Marelli Holdings Co., Ltd.'s Scope 3 emissions, which decreased by 1% last year and decreased by approximately 24% since 2018, 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 98% of Scope 3 emissions.
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Marelli Holdings Co., Ltd.'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.
Marelli Holdings Co., Ltd. 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.
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Frequently Asked Questions
Common questions about Marelli Holdings Co., Ltd.'s sustainability data and climate commitments