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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.
+3 vs industry average
Meidensha’s score of 35 is lower than 49% 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 Corporation, headquartered in Japan and operating within the Motor vehicles, trailers and semi-trailers industry, has outlined ambitious climate commitments and reported its carbon emissions.
Carbon Emissions Data:
For the reporting year 2023, Meidensha reported total greenhouse gas emissions of approximately 7,320,313,000 kg CO2e. This figure breaks down into:
In 2022, the company reported total emissions of approximately 5,795,798,000 kg CO2e, primarily comprising Scope 3 emissions of approximately 5,745,708,000 kg CO2e. Scope 1 and 2 emissions for 2022 were approximately 50,089,000 kg CO2e.
For 2021, Meidensha reported Scope 1 and 2 emissions of approximately 48,986,000 kg CO2e and Scope 3 emissions of approximately 5,922,573,000 kg CO2e. In 2020, Scope 1 and 2 emissions were approximately 53,254,000 kg CO2e, with Scope 3 emissions at approximately 6,050,000,000 kg CO2e.
Climate Commitments and Reduction Targets:
Meidensha has established a long-term goal to achieve Carbon Neutrality by 2050.
The company has set near-term targets, including a commitment to reduce absolute Scope 3 emissions by 3.0% by 2030 compared to the FY2019 baseline. Furthermore, Science Based Targets initiative (SBTi) commitments indicate a target to reduce absolute Scope 1 and 2 GHG emissions by 30% by FY2030/31 from a FY2019/20 base year. Additionally, an SBTi target aims to reduce absolute Scope 3 GHG emissions from the use of sold products by 15% over the same timeframe. More recently, an SBTi commitment indicates a target to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2019 base year, alongside a commitment to reduce absolute Scope 3 GHG emissions by 30% within the same timeframe.
Access structured emission data, company specific factors and auditable source documents
2030
30% reduction in scope 3 total
MEIDENSHA CORPORATION commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year. MEIDENSHA CORPORATION al…
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. MEIDENSHA CORPORATION al…
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. MEIDENSHA CORPORATION al…
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