Nippon Paint Holdings Co Sustainability Profile
Nippon Paint Holdings Co., Ltd., commonly known as Nippon Paint, is a leading player in the coatings industry, headquartered in Japan (JP). Founded in 1881, the company has established a strong presence across Asia, with significant operations in countries such as China, Singapore, and Malaysia. Specialising in decorative paints, industrial coatings, and automotive finishes, Nippon Paint is renowned for its innovative products that combine quality with sustainability. The company has achieved notable milestones, including being one of the largest paint manufacturers in Asia, and is recognised for its commitment to research and development. With a focus on eco-friendly solutions and advanced technology, Nippon Paint continues to strengthen its market position, making it a trusted choice for consumers and businesses alike.
DitchCarbon Score
How does Nippon Paint Holdings 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 Business Services 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
Nippon Paint Holdings Co's score of 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nippon Paint Holdings Co's reported carbon emissions
In 2023, Nippon Paint Holdings Co., based in Japan, reported total carbon emissions of approximately 1.28 billion kg CO2e. This figure includes Scope 1 emissions of about 16.7 million kg CO2e, Scope 2 emissions of approximately 24.9 million kg CO2e, and significant Scope 3 emissions totalling around 1.24 billion kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 1.02 billion kg CO2e) and end-of-life treatment of sold products (approximately 49.1 million kg CO2e). Nippon Paint Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates under the corporate family of Nippon Paint Holdings Co., Ltd., which influences its emissions data and sustainability strategies. The emissions data reflects a comprehensive approach to tracking carbon outputs across all scopes, aligning with industry standards for climate reporting. As a current subsidiary, Nippon Paint Holdings Co. inherits its emissions data from its parent company, ensuring consistency in reporting and accountability.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 26,290,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Nippon Paint Holdings Co's Industry?
How Carbon Intensive is Nippon Paint Holdings Co's Location?
Nippon Paint Holdings Co's Scope 3 Categories Breakdown
Nippon Paint Holdings Co's Scope 3 emissions, which increased by 3% last year and increased by approximately 745% 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 78% of Scope 3 emissions.
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Nippon Paint Holdings Co'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.
Nippon Paint Holdings Co 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.
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