MGC BioPQQ, a subsidiary of the MGC Group, is a leading player in the biotechnology industry, headquartered in Japan. Established in 2015, the company has rapidly gained recognition for its innovative approach to health and wellness, particularly in the development of bioactive compounds. Specialising in the production of Pyrroloquinoline Quinone (PQQ), MGC BioPQQ offers unique products that support cellular energy and overall vitality. Their commitment to quality and scientific research has positioned them as a trusted name in the market, catering to both domestic and international clients. With a focus on sustainability and cutting-edge technology, MGC BioPQQ continues to make significant strides in the health supplement sector, contributing to advancements in nutritional science and enhancing consumer well-being.
How does MGC BioPQQ'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.
Mean score of companies in the Chemicals 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.
MGC BioPQQ's score of 34 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MGC BioPQQ reported total carbon emissions of approximately 9,265,000,000 kg CO2e, comprising Scope 1 emissions of about 715,000,000 kg CO2e, Scope 2 emissions of approximately 682,000,000 kg CO2e, and Scope 3 emissions of around 9,265,000,000 kg CO2e. This reflects a commitment to transparency in their emissions reporting across all three scopes. The company has shown a trend of emissions reduction over the years, with total emissions decreasing from about 1,431,000,000 kg CO2e in 2014 to the latest figure in 2023. However, specific reduction targets or initiatives have not been disclosed, indicating a potential area for improvement in their climate commitments. MGC BioPQQ's emissions data highlights their ongoing efforts to monitor and manage their carbon footprint, aligning with industry standards for climate accountability. The absence of formal reduction targets suggests that while they are tracking emissions, there may be opportunities to enhance their climate strategy and set ambitious goals for future reductions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 603,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 247,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 7,966,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
MGC BioPQQ is not committed to any reduction initiatives 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.