Maxell Holdings, Ltd., commonly known as Maxell, is a prominent Japanese company specialising in electrical machinery and apparatus, particularly within the "Electrical machinery and apparatus n.e.c. (31)" industry. Headquartered in Japan, Maxell has established a strong presence across key markets, including Asia, Europe, and North America, serving a diverse range of industrial and consumer needs.
Founded in 1960, Maxell has built a reputation for innovation in storage media, batteries, and electronic components. Its core products—such as high-quality batteries, data storage solutions, and electronic devices—are recognised for their reliability and technological advancement. With a history of notable milestones, Maxell continues to maintain a significant market position through its commitment to quality and innovation in electrical machinery and apparatus.
-1 vs industry average
Maxell’s score of 36 is lower than 49% 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
Electrical Machinery Manufacturing is among the most carbon-intensive industries
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Maxell's reported carbon emissions
Maxell, based in Japan and operating in the Electrical machinery and apparatus n.e.c. industry, has outlined significant climate commitments, aiming for "essentially zero CO2 emissions by 2050." This long-term vision encompasses all scopes of emissions, with initiatives to achieve this target continuing to be examined.
In terms of specific reduction goals, Maxell targets a 50% reduction in domestic Scope 1 and Scope 2 CO2 emissions by fiscal year 2030, compared to a 2013 baseline.
Regarding reported emissions data:
- 2024: Total emissions were approximately 318.7 million kg CO2e, comprising about 19.5 million kg CO2e from Scope 1, 34.2 million kg CO2e from Scope 2, and 274 million kg CO2e from Scope 3.
- 2023: Total emissions were approximately 54.6 million kg CO2e (Scope 1 and 2 combined). Scope 3 data was not disclosed for this year.
- 2022: Total emissions were approximately 49.3 million kg CO2e (Scope 1 and 2 combined). Scope 3 data was not disclosed.
- 2021: Total emissions were approximately 66.8 million kg CO2e (Scope 1 and 2 combined). Scope 3 data was not disclosed.
- 2020: Total emissions were approximately 62.1 million kg CO2e (Scope 1 and 2 combined). Scope 3 data was not disclosed.
- 2019: Scope 1 and 2 emissions totalled about 91.2 million kg CO2e.
- 2018: Scope 1 and 2 emissions totalled approximately 93.1 million kg CO2e.
- 2017: Scope 1 and 2 emissions were about 100.7 million kg CO2e.
- 2016: Scope 1 and 2 emissions were approximately 52.5 million kg CO2e.
- 2015: Scope 1 and 2 emissions amounted to about 112.9 million kg CO2e.
- 2005: A total of approximately 88.0 million kg CO2e was reported.
Historical data from 2014 onwards indicates a general trend of reduced disclosed emissions compared to earlier periods, although comprehensive Scope 3 reporting has become more prevalent in recent years. The company's reporting highlights a "missing data point" for Scope 3, specifically "purchased goods and services," across multiple years, indicating an area for potential future disclosure.
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Maxell’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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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Maxell
Frequently asked questions
Common questions about Maxell’s sustainability data and climate commitments
Data year: 2024
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