Public Profile

Nippon Paint Holdings Co

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.

43

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.

25

Industry Benchmark

Nippon Paint Holdings Co's score of 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Nippon Paint Holdings Co's reported carbon emissions

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.

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20192020202120222023
Scope 1
46,663,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
193,054,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
988,543,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nippon Paint Holdings Co's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Nippon Paint Holdings Co is in JP, which has a low grid carbon intensity relative to other regions.

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.

Nippon Paint Holdings Co is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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