MISUMI Group Inc Sustainability Profile
MISUMI Group Inc., headquartered in Japan, is a leading provider in the manufacturing and industrial supply sector. Established in 1963, the company has evolved to serve a global market, with significant operations across Asia, Europe, and North America. Specialising in custom mechanical components, MISUMI offers an extensive range of products, including precision moulds, automation equipment, and factory automation parts, distinguished by their high quality and rapid delivery. With a commitment to innovation, MISUMI has achieved notable milestones, such as the introduction of its unique online ordering system, which streamlines the procurement process for engineers and manufacturers. The company’s strong market position is underscored by its reputation for reliability and customer-centric solutions, making it a preferred choice for businesses seeking efficiency and precision in their operations.
DitchCarbon Score
How does MISUMI Group Inc'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 Machinery and Equipment 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
MISUMI Group Inc's score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MISUMI Group Inc's reported carbon emissions
In 2023, MISUMI Group Inc. reported total carbon emissions of approximately 1,279,000,000 kg CO2e. This figure includes Scope 1 emissions of about 6,000,000 kg CO2e, Scope 2 emissions of around 13,000,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 1,260,000,000 kg CO2e. The breakdown of Scope 3 emissions reveals that purchased goods and services accounted for about 1,067,000,000 kg CO2e, while upstream transportation and distribution contributed approximately 108,000,000 kg CO2e. Comparatively, in 2022, the company reported total emissions of about 1,549,000,000 kg CO2e, with Scope 1 and Scope 2 emissions at 6,000,000 kg CO2e and 15,000,000 kg CO2e, respectively, and Scope 3 emissions reaching approximately 1,528,000,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. MISUMI Group has set ambitious reduction targets, aiming for a 42% decrease in both Scope 1 and Scope 2 emissions by 2030, compared to fiscal 2020 levels. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. The targets are part of their broader sustainability strategy, which is crucial for aligning with global climate goals. Overall, MISUMI Group Inc. is actively working towards significant emissions reductions while maintaining transparency in its reporting and commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 10,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 66,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,524,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is MISUMI Group Inc's Industry?
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MISUMI Group Inc's Scope 3 Categories Breakdown
MISUMI Group Inc's Scope 3 emissions, which decreased by 18% last year and decreased by approximately 17% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 85% of Scope 3 emissions.
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MISUMI Group Inc'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.
MISUMI Group Inc 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.
