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Meidensha Corporation, a prominent player in the motor vehicles, trailers, and semi-trailers industry, is headquartered in Japan. Established in 1897, the company has a rich history of innovation and excellence, contributing significantly to the automotive sector. With a focus on manufacturing high-quality electric and hybrid vehicle components, Meidensha stands out for its commitment to sustainability and advanced technology.
The company operates primarily in Japan, with a growing presence in international markets. Meidensha's core products include electric motors, control systems, and energy-efficient solutions, which are designed to enhance vehicle performance and reduce environmental impact. Recognised for its engineering prowess, Meidensha has achieved notable milestones, solidifying its position as a leader in the automotive industry.
-5 vs industry average
Meidensha’s score of 27 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Manufacturing is among the most carbon-intensive industries
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Scope 3 accounts for ••• of total emissions.
Meidensha, a Japanese company in the motor vehicles, trailers, and semi-trailers industry, reported total emissions of approximately 7.33 billion kg CO2e in 2023. This included approximately 16.7 million kg CO2e from Scope 1, around 26.4 million kg CO2e from Scope 2 (location-based), and about 7.3 billion kg CO2e from Scope 3. Key contributors to Scope 3 emissions were the use of sold products (approximately 5.89 billion kg CO2e) and purchased goods and services (around 1.33 billion kg CO2e).
Meidensha is committed to achieving carbon neutrality by 2050. The company has near-term Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2019 base year. Additionally, Meidensha aims to reduce absolute Scope 3 GHG emissions by 30% within the same timeframe. Separately, Meidensha also aims for a 3% reduction in all Scope 3 categories by 2030, compared with FY2019 levels.
2030
30% reduction in scope 3 total
MEIDENSHA CORPORATION also commits to reduce absolute scope 3 GHG emissions 30% within the same timeframe.
2030
50% reduction in Scope 1
MEIDENSHA CORPORATION commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year.
2030
50% reduction in Scope 2
MEIDENSHA CORPORATION commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year.
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Common questions about Meidensha’s sustainability data and climate commitments
Data year: 2023
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