Morinaga And Co
Morinaga And Co., Ltd., a prominent player in the confectionery and food industry, is headquartered in Japan. Founded in 1899, the company has established itself as a leader in producing high-quality sweets, snacks, and dairy products, with a strong presence in both domestic and international markets. Renowned for its innovative offerings, Morinaga is best known for its iconic milk caramel and a diverse range of confectionery items that cater to various consumer preferences. The company’s commitment to quality and tradition has earned it a loyal customer base and significant market share. With a focus on sustainability and health-conscious products, Morinaga continues to adapt to changing consumer trends, solidifying its position as a trusted brand in the global food sector. Notable achievements include numerous awards for product excellence and a reputation for pioneering new flavours and textures in the confectionery market.
DitchCarbon Score
How does Morinaga And Co'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 Furniture 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
Morinaga And Co's score of 15 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Morinaga And Co's reported carbon emissions
In 2023, Morinaga And Co reported carbon emissions of approximately 22,267,000 kg CO2e for Scope 1 and a market-based total of about 53,985,000 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, totalling around 294,823,000 kg CO2e, which includes categories such as purchased goods and services, and upstream transportation and distribution. Over the years, Morinaga has shown fluctuations in its emissions. For instance, in 2020, the total emissions were about 76,632,000 kg CO2e, with Scope 1 emissions at approximately 20,562,000 kg CO2e and Scope 2 emissions at around 46,882,000 kg CO2e. The company has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for improvement in their climate commitments. Overall, while Morinaga And Co has made strides in tracking its emissions, the absence of defined reduction targets suggests a need for a more robust climate strategy to align with industry standards and expectations.
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Add to project| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 61,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 50,100,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Morinaga And Co 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.
