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Meiji
Meiji Holdings Co., Ltd., commonly known as Meiji, is a prominent Japanese company headquartered in Tokyo, Japan. Established in 1916, Meiji has evolved into a leading player in the food and pharmaceutical industries, with significant operations across Asia, Europe, and North America. The company is renowned for its diverse range of products, including dairy, confectionery, and nutritional supplements, which are distinguished by their commitment to quality and innovation. Meiji's dedication to research and development has positioned it as a market leader, particularly in the field of functional foods. With a rich history marked by key milestones, such as the introduction of its flagship chocolate products, Meiji continues to achieve notable success, earning recognition for its contributions to health and wellness.
DitchCarbon Score
How does Meiji'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 Food Product Manufacturing 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
Meiji's score of 67 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meiji's reported carbon emissions
In 2024, Meiji Holdings Co., Ltd. reported significant carbon emissions, with total emissions of approximately 209,000,000 kg CO2e for Scope 1 and 263,000,000 kg CO2e for Scope 2 globally. In Japan, the company recorded 184,000,000 kg CO2e for Scope 1 and 188,000,000 kg CO2e for Scope 2, alongside a substantial Scope 3 total of approximately 4,205,000,000 kg CO2e. In China, emissions were notably lower, with 4,000,000 kg CO2e for Scope 1 and 23,000,000 kg CO2e for Scope 2. Meiji has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by at least 50% by the fiscal year ending March 2031, compared to a 2020 baseline. Additionally, the company targets a 30% reduction in Scope 3 emissions from purchased goods and services by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with the goal of limiting global warming to 1.5°C. Furthermore, Meiji has committed to achieving carbon neutrality across its entire value chain by 2050. This long-term goal includes a 90% reduction in Scope 1 and 2 emissions and a similar reduction in Scope 3 emissions by the same year, with specific interim targets set for 2030. Overall, Meiji's climate strategy reflects a robust commitment to sustainability and significant reductions in greenhouse gas emissions, positioning the company as a proactive player in the food and beverage processing sector.
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| 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Meiji is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
