Nippon Thompson Co
Nippon Thompson Co., Ltd., commonly known as IKO, is a leading manufacturer in the bearing industry, headquartered in Japan. Established in 1950, the company has made significant strides in the development of high-quality linear motion bearings and precision components, serving diverse sectors such as automotive, aerospace, and industrial machinery. With a strong presence in Asia, Europe, and North America, IKO is renowned for its innovative products, including needle roller bearings and linear guides, which are distinguished by their durability and performance. The company has achieved notable milestones, including advancements in manufacturing technology and a commitment to sustainability, solidifying its position as a trusted partner in the global market. IKO continues to set industry standards, driven by a dedication to quality and customer satisfaction.
DitchCarbon Score
How does Nippon Thompson 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 Machinery and Equipment 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 Thompson Co's score of 27 is higher than 53% 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 Thompson Co's reported carbon emissions
In 2024, Nippon Thompson Co., Ltd. reported total carbon emissions of approximately 280,000,000 kg CO2e. This marks a significant increase from 2023, where emissions were about 31,942,000 kg CO2e. The company has not disclosed specific data for Scope 1, 2, or 3 emissions in its recent reports. Nippon Thompson has set ambitious near-term targets to reduce its greenhouse gas emissions. The company aims to achieve a 42% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2022 as the baseline. Additionally, it plans to reduce Scope 3 emissions from purchased goods and services by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Furthermore, Nippon Thompson is committed to achieving carbon neutrality by 2050. To support this goal, the company established a Sustainability Committee in January 2022 and is preparing to endorse the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD). Overall, Nippon Thompson Co., Ltd. is actively working towards significant emissions reductions and long-term sustainability commitments, reflecting its dedication to addressing climate change.
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Industry emissions intensity
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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 Thompson Co is participating in some 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.
