Nankai Electric Railway Co

Nankai Electric Railway Co., JP, which operates within the Electrical machinery and apparatus n.e.c. (31) industry, has established clear climate commitments and reports its carbon emissions.

Emissions Overview:

For the reporting year 2025, Nankai Electric Railway Co. reported total emissions of approximately 284.5 million kg CO2e. This figure is comprised of Scope 1 emissions totalling about 88.3 million kg CO2e and Scope 2 emissions amounting to approximately 136.6 million kg CO2e. Scope 3 emissions for 2025 were significant, with purchased goods and services contributing the largest portion at approximately 500.3 million kg CO2e, followed by downstream leased assets at about 114.1 million kg CO2e.

In 2024, total emissions were approximately 270.2 million kg CO2e, including Scope 1 emissions of about 85.5 million kg CO2e and Scope 2 emissions of approximately 126.7 million kg CO2e. Scope 3 emissions for 2024 included purchased goods and services at roughly 495.9 million kg CO2e and downstream leased assets at approximately 134.7 million kg CO2e.

For 2023, total emissions were about 261.9 million kg CO2e, with Scope 1 emissions at approximately 84.7 million kg CO2e and Scope 2 emissions at around 107.6 million kg CO2e.

Climate Commitments and Reduction Targets:

Nankai Electric Railway Co. has set a significant reduction target: to achieve over a 46% reduction in CO2 emissions by 2030, compared to 2013 levels. This goal covers all scopes of emissions.

While not explicitly stated as SBTi targets, the company's commitment to reducing its carbon footprint aligns with industry-standard climate ambitions. Further details on Scope 1 and Scope 2 specific targets include a planned reduction of 55% by FY 2025 and 70% by FY 2030 (both compared to 2013). The company also aims for a 50% reduction in its entire supply chain (Scope 1, 2, and 3) by FY 2030, based on 2013 levels.