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OrganisationsMeiji
Meiji logo

Meiji

Food Product ManufacturingJapanOTC: MEJHY
Last verified 8 months agomeiji.com

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.

59
DitchCarbon score

+42 vs industry average

Meiji’s score of 59 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Food Product Manufacturing is among the most carbon-intensive industries

Industry performance

0.352
20192025

The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Meiji's reported carbon emissions

In 2024, Meiji Holdings Co., Ltd. reported total greenhouse gas emissions of approximately 8,000,000,000 kg CO2e. This total includes 200,000,000 kg CO2e from Scope 1 emissions, 261,000,000 kg CO2e from Scope 2 emissions, and 7,763,000,000 kg CO2e from Scope 3 emissions, with a significant portion of the latter attributed to purchased goods and services (3,430,000,000 kg CO2e). 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 has committed to a 30% reduction in Scope 3 emissions from purchased goods and services by the same target year. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the goal of limiting global warming to well below 2°C. Furthermore, Meiji has pledged to achieve carbon neutrality across all scopes by 2050, reinforcing its commitment to sustainable practices within the food and beverage processing sector. The company is actively working towards these goals, with progress monitored through various sustainability reports.

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Meiji’s Climate Goals (2030 & 2050)

2 goals

2031

30% reduction in scope 3 upstream

Reduce CO2 emissions (Scope 3 from purchased goods and services) by at least 30% by FYE 3/2031 (Scope of aggregation: Consolidated subsidiar…

Behind target30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Purchased Goods & Services45%
Purchased Goods & Services45%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

2050 targetSee details
Active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Meiji logoMeiji
JPFood Product Manufacturing
8 months ago
59
Nestle logoNestle
CHResearch Services
7 days ago
100
View
Danone logoDanone
FRDairy Processing
11 hours ago
97
View
General Mills logoGeneral Mills
USFood Product Manufacturing
12 hours ago
84
View
Mondelez International logoMondelez International
USFood Product Manufacturing
10 days ago
75
View
Asahi Breweries logoAsahi Breweries
JPBeverage Manufacturing
24 hours ago
74
View
Kao logoKao
JPFood Product Manufacturing
5 days ago
68
View

Frequently asked questions

Common questions about Meiji’s sustainability data and climate commitments

In 2024, Meiji Holdings Co., Ltd. reported total greenhouse gas emissions of approximately 8 billion kg CO₂e. This includes around 200 million kg CO₂e from Scope 1 emissions, about 261 million kg CO₂e from Scope 2 emissions, and nearly 7.8 billion kg CO₂e from Scope 3 emissions. The vast majority of Scope 3 emissions, approximately 3.4 billion kg CO₂e, is attributed to purchased goods and services, highlighting the significant impact of its supply chain on overall emissions.

Data year: 2024

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