Maruha Nichiro Corporation, commonly known as Maruha, is a leading player in the fish products industry, headquartered in Japan. Established in 1881, the company has a rich history marked by significant milestones, including its expansion into global markets and diversification of product offerings.
Maruha operates primarily in Asia, North America, and Europe, focusing on sustainable seafood and high-quality fish products. Its core offerings include frozen fish, processed seafood, and ready-to-eat meals, all distinguished by their commitment to quality and sustainability.
With a strong market position, Maruha has garnered recognition for its innovative practices and dedication to environmental stewardship, making it a trusted name in the seafood sector. The company continues to set industry standards while catering to the evolving tastes of consumers worldwide.
-1 vs industry average
Maruha’s score of 17 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Fish Product Manufacturing has above-average carbon intensity
Industry performance
The Fish Product Manufacturing industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Maruha's reported carbon emissions
Maruha Nichiro, a Japanese fish products company, has demonstrated a commitment to reducing its carbon footprint. For the fiscal year 2024, the company reported total emissions of approximately 224.9 million kg CO2e. This follows a reported total of about 233.0 million kg CO2e in fiscal year 2023 and approximately 248.8 million kg CO2e in fiscal year 2022. Over the past few years, Maruha Nichiro has shown a trend of reducing its overall emissions, with figures around 245.5 million kg CO2e in fiscal year 2021, 252.2 million kg CO2e in fiscal year 2020, and 244.4 million kg CO2e in fiscal year 2019. The company's emissions in fiscal year 2018 were approximately 254.4 million kg CO2e, with fiscal year 2017 also reporting scope 1 and 2 emissions of about 254.4 million kg CO2e.
Maruha Nichiro has established phased reduction targets aimed at achieving carbon neutrality. The company aims for a 10% CO2 reduction rate in Phase 1 (FY2022-2024), a 20% reduction rate in Phase 2 (FY2025-2027), and a reduction rate of 30% or more in Phase 3 (FY2028-2030). These targets are part of the company's overarching goal of achieving carbon neutrality. While specific breakdown by emission scope (Scope 1, 2, and 3) is not detailed in the provided data for these years, the company is working towards these comprehensive reduction goals.
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Maruha’s Climate Goals (2030 & 2050)
1 goal2030
10% reduction in all scopes
in Phase 1 (FY2022-2024), we aim to achieve a CO2 reduction rate of 10%, in Phase 2 (FY2025-2027) a CO2 reduction rate of 20%, and in Phase…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Maruha
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