Nitto Kogyo Corp Sustainability Profile
Nitto Kogyo Corporation, commonly referred to as Nitto, is a prominent player in the adhesive tape and industrial materials industry, headquartered in Japan. Established in 1918, the company has evolved significantly, expanding its operations across Asia, Europe, and North America. Nitto is renowned for its innovative adhesive solutions, including high-performance tapes and films that cater to diverse sectors such as automotive, electronics, and construction. With a commitment to quality and sustainability, Nitto's products stand out for their advanced technology and reliability. The company has achieved notable milestones, including numerous patents and awards for its cutting-edge solutions. As a leader in the adhesive market, Nitto Kogyo Corporation continues to set industry standards, driving growth and innovation in its field.
DitchCarbon Score
How does Nitto Kogyo Corp'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
Nitto Kogyo Corp's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nitto Kogyo Corp's reported carbon emissions
In 2023, Nitto Kogyo Corporation reported total carbon emissions of approximately 559,296,000 kg CO2e, with all emissions classified under Scope 3. This includes significant contributions from purchased goods and services (about 427,394,000 kg CO2e) and the use of sold products (approximately 59,062,000 kg CO2e). The company's Scope 1 and 2 emissions totalled about 26,578,000 kg CO2e. Comparatively, in 2022, Nitto Kogyo's total emissions were around 551,010,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions at approximately 27,360,000 kg CO2e. This indicates a slight increase in Scope 3 emissions year-on-year. Nitto Kogyo has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, Nitto Kogyo's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the majority of its carbon footprint, while the absence of formal reduction targets suggests potential areas for future commitment and improvement in climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Nitto Kogyo Corp's Industry?
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Nitto Kogyo Corp's Scope 3 Categories Breakdown
Nitto Kogyo Corp's Scope 3 emissions, which increased by 2% last year and increased by approximately 40% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Nitto Kogyo Corp'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.
Nitto Kogyo Corp 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.
