Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Book a demo for a pilot project
Noritz Corporation, headquartered in Japan, is a leading player in the other business services sector, specifically within the realm of heating and hot water solutions. Founded in 1951, Noritz has established itself as a pioneer in the development of tankless water heaters, offering innovative products that prioritise energy efficiency and sustainability.
With a strong presence in Japan and expanding operations in North America, Noritz is renowned for its commitment to quality and cutting-edge technology. The company’s core offerings include high-efficiency water heating systems and advanced heating solutions, which are distinguished by their compact design and eco-friendly features.
Recognised for its market leadership, Noritz continues to set industry standards, making significant strides in both residential and commercial sectors. Its dedication to innovation and customer satisfaction has solidified its reputation as a trusted name in the heating industry.
-3 vs industry average
Noritz’s score of 33 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Noritz, a Japanese company in the Other Business Services sector, reported its latest carbon emissions for 2021. Their Scope 1 emissions were 16,240,000 kg CO2e, and Scope 3 emissions, specifically from the use of sold products, were 14,590,000,000 kg CO2e. There is no disclosed Scope 2 data for 2021.
Looking back, Noritz's Scope 1 emissions have generally decreased from 26,206,000 kg CO2e in 2018. Similarly, Scope 3 emissions from the use of sold products have shown a downward trend from 19,720,000,000 kg CO2e in 2018. For 2017, Noritz disclosed Scope 1 emissions of 26,206,000 kg CO2e, Scope 2 emissions of 2,800,000 kg CO2e, and Scope 3 emissions (including 19,050,000,000 kg CO2e from use of sold products and 900,000,000 kg CO2e from purchased goods and services) of 1,300,000 kg CO2e.
Noritz has set a near-term absolute target to reduce its Scope 1 CO2 emissions from operations in Japan by 50% by 2030, compared to a 2018 baseline. Additionally, the company aimed to achieve a reduction of 3 million tonnes (3,000,000,000 kg) of CO2 emissions per year by 2020 from the use of its products by customers, compared to 2000 levels, through the development and sale of energy-efficient water heaters and energy-generation systems.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
See all scope 3 categories
Already have an account? Sign in now


PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more