Nippon Paint Holdings Co

In 2023, Nippon Paint Holdings Co, headquartered in Japan, reported total carbon emissions of approximately 1,280,935,000 kg CO2e. This figure includes Scope 1 emissions of about 16,744,000 kg CO2e, Scope 2 emissions of approximately 24,952,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,239,239,000 kg CO2e. The Scope 3 emissions breakdown reveals that purchased goods and services account for about 1,021,546,000 kg CO2e, highlighting the importance of supply chain management in their overall emissions profile. In comparison, the previous year, 2022, Nippon Paint's total emissions were approximately 1,274,587,000 kg CO2e, with Scope 1 and 2 emissions combined at about 41,476,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Despite the lack of specific reduction targets or initiatives disclosed, Nippon Paint Holdings is actively engaged in monitoring and reporting its emissions across all scopes. The company has not publicly committed to Science-Based Targets Initiative (SBTi) reduction targets or specific climate pledges, which may suggest an area for future development in their sustainability strategy. Overall, Nippon Paint Holdings Co's emissions data reflects the challenges faced by the paint and coatings industry in managing carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions.