Public Profile

MGC BioPQQ

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.

DitchCarbon Score

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.

34

Industry Average

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.

14

Industry Benchmark

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.

96%

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MGC BioPQQ's reported carbon emissions

In 2023, MGC BioPQQ reported total greenhouse gas emissions of approximately 9,265,000,000 kg CO2e, with emissions distributed across various scopes: 715,000,000 kg CO2e from Scope 1, 682,000,000 kg CO2e from Scope 2, and 9,265,000,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Over the years, MGC BioPQQ has shown fluctuations in emissions, with a notable reduction from approximately 1,431,000,000 kg CO2e in 2014 to 1,280,000,000 kg CO2e in 2015 for their Japan operations. However, specific reduction targets or initiatives have not been disclosed, indicating a potential area for improvement in their climate strategy. The company has not set any formal science-based targets or climate pledges, which may limit their ability to align with global climate goals. As the industry increasingly focuses on sustainability, MGC BioPQQ's future commitments and actions will be crucial in addressing climate change and reducing their carbon footprint.

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20192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MGC BioPQQ's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for MGC BioPQQ is in JP, which has a low grid carbon intensity relative to other regions.

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.

MGC BioPQQ is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers