Meiji Sustainability Profile
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 73 is higher than 86% 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 total carbon emissions of approximately 8,000,000,000 kg CO2e globally, with emissions distributed across various scopes: 200,000,000 kg CO2e (Scope 1), 261,000,000 kg CO2e (Scope 2), and a significant 7,637,000,000 kg CO2e (Scope 3), primarily from purchased goods and services (3,430,000,000 kg CO2e). In Japan, the company recorded 4,205,000,000 kg CO2e in Scope 3 emissions, with 184,000,000 kg CO2e from Scope 1 and 188,000,000 kg CO2e from 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 the fiscal year ending March 2016. 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 designed to keep global warming below 1.5°C. Furthermore, Meiji has committed to achieving carbon neutrality across its entire value chain by 2050, with interim targets of reducing Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% from a 2019 base year by the same year. The company also aims to eliminate deforestation linked to its primary commodities by 2025. Overall, Meiji's comprehensive approach to emissions reduction reflects its commitment to sustainability and climate action within 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 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Meiji's Industry?
How Carbon Intensive is Meiji's Location?
Meiji's Scope 3 Categories Breakdown
Meiji's Scope 3 emissions, which increased by 152% last year and increased by approximately 213% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 45% of Scope 3 emissions.
Top Scope 3 Categories
Meiji's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Meiji has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Meiji's sustainability data and climate commitments