NTN Corporation Sustainability Profile
NTN Corporation, a leading player in the bearing industry, is headquartered in Japan and operates extensively across Asia, Europe, and the Americas. Founded in 1918, NTN has established itself as a pioneer in the development of high-quality bearings and related products, achieving significant milestones in innovation and technology over the decades. The company’s core offerings include a diverse range of bearings, constant velocity joints, and precision machinery components, all designed to enhance performance and reliability in various applications. NTN's commitment to quality and advanced engineering has positioned it as a trusted partner in sectors such as automotive, aerospace, and industrial machinery. With a strong market presence and a reputation for excellence, NTN Corporation continues to drive advancements in the bearing industry, making it a key player on the global stage.
DitchCarbon Score
How does NTN Corporation'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
NTN Corporation's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NTN Corporation's reported carbon emissions
In 2023, NTN Corporation reported total emissions of approximately 53,000,000 kg CO2e, which includes 7,778,000 kg CO2e from Scope 2 emissions and 129,000 kg CO2e from upstream transportation and distribution under Scope 3. The company has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This long-term target was established in 2023, reflecting NTN's commitment to reducing its carbon footprint significantly over the coming decades. NTN's emissions data for previous years indicates a substantial increase in Scope 2 emissions from 147,785,000 kg CO2e in 2022, highlighting the need for effective reduction strategies. The company has not disclosed Scope 1 emissions data, which limits the overall visibility of its emissions profile. NTN's initiatives include a focus on waste recycling, with a recovery rate of about 98% reported in 2023, demonstrating a commitment to sustainable practices. Overall, NTN Corporation is actively working towards its climate goals while addressing its emissions across various scopes, aligning with industry standards for climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 147,785,000 | 0,000,000 |
| Scope 3 | 214,000,000 | 000,000 |
How Carbon Intensive is NTN Corporation's Industry?
How Carbon Intensive is NTN Corporation's Location?
NTN Corporation's Scope 3 Categories Breakdown
NTN Corporation's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 100% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
NTN Corporation'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.
NTN Corporation 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.
