Mitsuboshi Belting Sustainability Profile
Mitsuboshi Belting Co., Ltd., commonly known as Mitsuboshi, is a leading manufacturer in the belting industry, headquartered in Japan. Established in 1919, the company has built a strong reputation for its innovative solutions in power transmission and conveyor belts, serving various sectors including automotive, food processing, and industrial machinery. With a significant presence in Asia, Europe, and North America, Mitsuboshi has achieved notable milestones, such as the development of high-performance belts that enhance efficiency and durability. Their core products, including rubber and polyurethane belts, are distinguished by their superior quality and reliability, making them a preferred choice among manufacturers worldwide. Mitsuboshi's commitment to excellence has solidified its market position, earning accolades for its technological advancements and customer-centric approach in the competitive belting landscape.
DitchCarbon Score
How does Mitsuboshi Belting'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
Mitsuboshi Belting's score of 41 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsuboshi Belting's reported carbon emissions
In 2023, Mitsuboshi Belting reported total carbon emissions of approximately 16294000 kg CO2e for Scope 1, 10044000 kg CO2e for Scope 2 (market-based), and a significant 208187000 kg CO2e for Scope 3 emissions. The total emissions for Scope 1 and 2 combined amounted to about 26338000 kg CO2e. Comparatively, in 2022, the company recorded Scope 1 emissions of about 17759000 kg CO2e, Scope 2 emissions of approximately 11168000 kg CO2e (market-based), and total Scope 3 emissions of around 243841000 kg CO2e. This indicates a slight reduction in Scope 1 emissions year-on-year, while Scope 3 emissions saw a notable decrease. Mitsuboshi Belting has disclosed emissions data across all three scopes, demonstrating transparency in their reporting. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments, nor are there any targets set through the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. Overall, Mitsuboshi Belting's commitment to addressing carbon emissions remains evident, although further clarity on reduction strategies would enhance their sustainability profile.
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| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 18,875,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 22,040,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Mitsuboshi Belting's Industry?
How Carbon Intensive is Mitsuboshi Belting's Location?
Mitsuboshi Belting's Scope 3 Categories Breakdown
Mitsuboshi Belting's Scope 3 emissions, which decreased by 15% last year and decreased by approximately 15% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 62% of Scope 3 emissions.
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Mitsuboshi Belting'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.
Mitsuboshi Belting 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.
