Nissin Foods

Nissin Foods's reported carbon emissions

Nissin Foods, a company in the food products nec industry headquartered in Japan, has established ambitious climate commitments and is actively reporting its carbon emissions. **Carbon Emissions Data:** For the reporting year 2024, Nissin Foods reported the following emissions: * **Scope 1 emissions:** Approximately 287,000,000 kg CO2e * **Scope 2 emissions:** Approximately 94,000,000 kg CO2e (market-based) and approximately 196,000,000 kg CO2e (location-based) * **Scope 3 emissions:** Approximately 3,889,000,000 kg CO2e, with significant contributions from purchased goods and services (approximately 2,467,000,000 kg CO2e), upstream transportation and distribution (approximately 415,000,000 kg CO2e), and use of sold products (approximately 290,000,000 kg CO2e). * **Total Scope 1 and 2 emissions:** Approximately 381,000,000 kg CO2e. Previous years' data shows: * **2023:** Scope 1 and 2 emissions totalled approximately 388,000,000 kg CO2e, with Scope 3 emissions at approximately 3,353,000,000 kg CO2e. * **2022:** Scope 1 and 2 emissions were approximately 430,000,000 kg CO2e, and Scope 3 emissions were approximately 3,236,000,000 kg CO2e. * **2021:** Scope 1 and 2 emissions totalled approximately 459,000,000 kg CO2e, with Scope 3 emissions at approximately 3,246,000,000 kg CO2e. * **2020:** Scope 1 and 2 emissions were approximately 462,000,000 kg CO2e, and Scope 3 emissions were approximately 3,432,000,000 kg CO2e. * **2019:** Total emissions were approximately 4,029,000,000 kg CO2e, comprising Scope 1 emissions of approximately 254,000,000 kg CO2e, Scope 2 emissions of approximately 174,000,000 kg CO2e, and Scope 3 emissions of approximately 3,601,000,000 kg CO2e. * **2018:** Total emissions were approximately 4,070,000,000 kg CO2e, with Scope 1 at approximately 237,000,000 kg CO2e, Scope 2 at approximately 179,000,000 kg CO2e, and Scope 3 at approximately 3,655,000,000 kg CO2e. **Climate Commitments and Reduction Targets:** Nissin Foods Holdings Co., Ltd. is committed to significant greenhouse gas emission reductions, aligning with Science Based Targets initiative (SBTi) goals. Key commitments include: * **Net-Zero Target:** To reach net-zero greenhouse gas emissions across its value chain by 2050. * **Near-Term Targets (by 2030):** * A 42.4% reduction in absolute Scope 1 and 2 GHG emissions from a 2020 base year. * A 25% reduction in absolute Scope 3 GHG emissions, covering purchased goods and services, upstream and downstream transportation and distribution, business travel, employee commuting, and end-of-life treatment of sold products, from a 2020 base year. * A 30.3% reduction in absolute Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions from a 2020 base year. * Commitment to no-deforestation across its primary deforestation-linked commodities by December 31, 2025. * **Long-Term Targets (by 2050):** * A 90% reduction in absolute Scope 1, 2, and 3 GHG emissions from a 2020 base year. * A 72% reduction in absolute Scope 3 FLAG GHG emissions from a 2020 base year. It's important to note that some SBTi targets for the long-term are marked with an "errored" status, indicating potential data issues in their record. However, the overall commitment to net-zero by 2050 and significant interim reductions is clearly stated.