Meiko Electronics Co., Ltd. Sustainability Profile
Meiko Electronics Co., Ltd., a prominent player in the electronics manufacturing industry, is headquartered in Japan. Established in 1975, the company has made significant strides in the production of high-quality printed circuit boards (PCBs) and electronic components, serving a diverse range of sectors including automotive, telecommunications, and consumer electronics. With operational facilities across Asia, Meiko is renowned for its innovative approach to PCB technology, offering unique solutions that enhance performance and reliability. The company has achieved notable milestones, including advancements in environmentally friendly manufacturing processes. As a leader in the electronics sector, Meiko Electronics continues to solidify its market position through a commitment to quality and cutting-edge technology, making it a trusted partner for businesses worldwide.
DitchCarbon Score
How does Meiko Electronics Co., Ltd.'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 Communication Equipment 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
Meiko Electronics Co., Ltd.'s score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meiko Electronics Co., Ltd.'s reported carbon emissions
In 2022, Meiko Electronics Co., Ltd. reported total carbon emissions of approximately 1,099,000,000 kg CO2e, comprising 39,000,000 kg CO2e from Scope 1, 418,000,000 kg CO2e from Scope 2, and 641,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (about 532,000,000 kg CO2e) and employee commuting (approximately 6,200,000 kg CO2e). Meiko Electronics has set ambitious climate commitments, aiming for carbon neutrality by Fiscal 2050. The company targets a 50% reduction in CO2 emissions per rate of consumption per production volume in Japan between Fiscal 2021 and Fiscal 2030. This commitment reflects a proactive approach to mitigating climate impact across all scopes of emissions. The emissions data is not cascaded from any parent organization, indicating that Meiko Electronics independently reports its carbon footprint and climate initiatives. The company continues to monitor and report its emissions, demonstrating transparency and accountability in its sustainability efforts.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 27,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 440,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Meiko Electronics Co., Ltd.'s Industry?
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Meiko Electronics Co., Ltd.'s Scope 3 Categories Breakdown
Meiko Electronics Co., Ltd.'s Scope 3 emissions, which decreased by 7% last year and decreased by approximately 7% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
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Meiko Electronics Co., Ltd.'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.
Meiko Electronics Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
