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, 188,000,000 kg CO2e for Scope 2, and a substantial 4,205,000,000 kg CO2e for Scope 3 emissions, which includes categories such as purchased goods and services, upstream and downstream transportation, and end-of-life treatment of sold products. 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 2016 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 reductions required to limit global warming to 1.5°C. Furthermore, Meiji has committed to achieving carbon neutrality by 2050 across all scopes of emissions. This long-term goal includes a 90% reduction in Scope 1 and 2 emissions and a similar 90% reduction in Scope 3 emissions from a 2019 baseline. The company is also focused on sustainable practices, including a commitment to no deforestation in its supply chain by the end of 2025. Overall, Meiji's comprehensive approach to reducing carbon emissions reflects its dedication to sustainability and climate responsibility 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 |
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.
