Odakyu Electric Railway Co., Ltd. Sustainability Profile
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 57 is higher than 75% 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 2024, Odakyu Electric Railway Co., Ltd. reported total carbon emissions of approximately 1.42 billion kg CO2e. This figure includes Scope 1 emissions of about 60.7 million kg CO2e, Scope 2 emissions of approximately 150.6 million kg CO2e, and Scope 3 emissions totalling around 1.21 billion kg CO2e. The company has set ambitious climate commitments, aiming to reduce overall CO2 emissions by 50% by 2030 compared to 2013 levels. Additionally, they target a 50% reduction in Scope 2 emissions specifically in their bus and taxi operations by 2040. In 2023, Odakyu's emissions were approximately 177.1 million kg CO2e, with Scope 1 at about 59.7 million kg CO2e and Scope 2 at approximately 117.4 million kg CO2e. The company has consistently worked towards reducing its carbon footprint, demonstrating a commitment to sustainability and climate action. These initiatives reflect Odakyu's dedication to addressing climate change and aligning with industry standards for emissions reduction.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 73,167,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 148,765,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Odakyu Electric Railway Co., Ltd.'s Industry?
How Carbon Intensive is Odakyu Electric Railway Co., Ltd.'s Location?
Odakyu Electric Railway Co., Ltd.'s Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 55% of Scope 3 emissions.
Top Scope 3 Categories
Odakyu Electric Railway Co., Ltd.'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.
Odakyu Electric Railway Co., Ltd. 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.
