Odakyu Electric Railway Co., Ltd.
Odakyu Electric Railway Co., Ltd., commonly referred to as Odakyu, is a prominent player in Japan's transportation industry, headquartered in Tokyo. Founded in 1920, the company has established itself as a key provider of railway services, primarily operating in the Kanto region, including Kanagawa and Tokyo. Odakyu is renowned for its extensive network of commuter and express trains, offering unique services such as the Romancecar, which provides a luxurious travel experience. The company has achieved significant milestones, including the introduction of advanced train technologies and a commitment to sustainability. With a strong market position, Odakyu continues to innovate in the rail sector, contributing to the efficient movement of passengers and goods across its operational areas. Its dedication to customer service and operational excellence has solidified its reputation as a leader in the Japanese railway industry.
DitchCarbon Score
How does Odakyu Electric Railway Co., Ltd.'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
Odakyu Electric Railway Co., Ltd.'s score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Odakyu Electric Railway Co., Ltd.'s reported carbon emissions
In 2023, Odakyu Electric Railway Co., Ltd. reported total carbon emissions of approximately 668,357,000 kg CO2e. This includes Scope 1 emissions of about 443,846,000 kg CO2e, Scope 2 emissions of approximately 180,723,000 kg CO2e, and Scope 3 emissions totalling around 254,511,000 kg CO2e. The Scope 3 emissions breakdown includes capital goods at about 100,275,000 kg CO2e and purchased goods and services at approximately 66,842,000 kg CO2e. Odakyu has set ambitious climate commitments, aiming for a 50% reduction in total emissions by 2030 compared to 2013 levels. This target encompasses all scopes of emissions. Additionally, the company has a specific goal to reduce emissions in its bus and taxi operations by 50% by 2040, also relative to 2013 levels. In a more immediate context, they aim for a 46% reduction by 2030, reflecting a commitment to continuous improvement in their environmental performance. These initiatives demonstrate Odakyu's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and expectations for sustainability.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 151,862,000 | 000,000,000 |
| Scope 2 | 91,630,000 | 000,000,000 |
| Scope 3 | 192,302,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Odakyu Electric Railway Co., Ltd. is not participating in any 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.
