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.
Let us know if this data was useful to you
Meiji's reported carbon emissions
In 2024, Meiji Holdings Co., Ltd. reported significant carbon emissions, totalling approximately 200,000,000 kg CO2e for Scope 1, 261,000,000 kg CO2e for Scope 2, and a staggering 7,637,000,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions primarily stem from purchased goods and services, accounting for about 3,430,000,000 kg CO2e. Meiji has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by at least 50% by the fiscal year ending March 2031, compared to a 2019 baseline. Additionally, the company targets a 30% reduction in Scope 3 emissions from purchased goods and services within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit 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 substantial reduction of 90% in Scope 1, 2, and 3 emissions by the same year, with interim targets set for 2030. The company is also focused on sustainable practices, including a commitment to no deforestation in its supply chain by 2025. Overall, Meiji's climate strategy reflects a robust approach to mitigating its carbon footprint while addressing the challenges posed by climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
Frequently Asked Questions
Common questions about Meiji's sustainability data and climate commitments