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Odakyu Electric Railway Co., Ltd., commonly referred to as Odakyu, is a prominent player in the Japanese transportation sector, headquartered in Tokyo, Japan. Established in 1920, the company has evolved significantly, becoming a key provider of railway services in the Kanto region, particularly in Kanagawa Prefecture and parts of Tokyo.
Specialising in passenger rail services, Odakyu operates a network of lines that connect urban and suburban areas, offering unique features such as limited express services and scenic routes. The company is renowned for its commitment to safety, punctuality, and customer satisfaction, which has solidified its position in the competitive railway industry.
With a focus on innovation and service enhancement, Odakyu has achieved notable milestones, including the introduction of advanced train technologies and sustainable practices. As a leader in the "Other business services" sector, Odakyu continues to shape the future of transportation in Japan.
+8 vs industry average
Odakyu Electric Railway Co., Ltd.’s score of 44 is higher than 61% 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.
Odakyu Electric Railway Co., Ltd., headquartered in Japan and operating in other business services (74), has reported significant carbon emissions. In 2023, the company's total emissions reached approximately 668,357,000 kg CO2e. This total comprises Scope 1 emissions of about 443,846,000 kg CO2e, Scope 2 emissions (market-based) of approximately 180,723,000 kg CO2e, and Scope 3 emissions totalling about 254,511,000 kg CO2e. Within Scope 3, capital goods represented approximately 100,275,000 kg CO2e, purchased goods and services accounted for around 66,842,000 kg CO2e, and fuel and energy-related activities contributed about 35,960,000 kg CO2e.
For the year 2022, Odakyu Electric Railway Co., Ltd. reported total emissions of approximately 435,194,000 kg CO2e. This breakdown includes Scope 1 emissions of around 151,862,000 kg CO2e and Scope 2 emissions of approximately 91,630,000 kg CO2e. Scope 3 emissions for 2022 were approximately 192,302,000 kg CO2e.
The company has established ambitious climate commitments. Odakyu Electric Railway Co., Ltd. aims to reduce CO2 emissions by 50% by 2030, using 2013 as a baseline year. Another target, reported in 2022, also outlines a goal to reduce CO2 emissions by 46% by 2030, compared to 2013 levels. Furthermore, there is a long-term objective to reduce emissions by 50% by 2040 (compared to 2013) specifically within the bus and taxi business for Scope 2 emissions.
Access structured emission data, company specific factors and auditable source documents
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.
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