Okuma Corporation, a leading name in the machinery and equipment sector, is headquartered in Japan (JP) and has established a significant presence in various global markets. Founded in 1898, Okuma has consistently innovated within the industry, specialising in CNC machine tools, including lathes and machining centres, which are renowned for their precision and reliability.
With a commitment to advanced technology and sustainability, Okuma's core products stand out due to their energy efficiency and user-friendly interfaces. The company has achieved notable milestones, such as pioneering the development of the first CNC lathe, solidifying its position as a market leader. Today, Okuma continues to drive advancements in manufacturing solutions, catering to diverse industries and maintaining a strong reputation for quality and performance.
+1 vs industry average
Okuma Corporation’s score of 26 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Okuma Corporation's reported carbon emissions
Okuma Corporation, headquartered in Japan and operating in the machinery and equipment industry, has reported its carbon emissions for recent fiscal years. In 2024, the company's total greenhouse gas emissions were approximately 9.6 million kg CO2e. This comprised about 5 million kg CO2e for Scope 1 emissions and approximately 4.6 million kg CO2e for Scope 2 (market-based). The location-based Scope 2 emissions for the same year were considerably higher, at around 33.9 million kg CO2e.
In 2023, Okuma Corporation's total emissions stood at approximately 13.4 million kg CO2e, with Scope 1 emissions accounting for about 7.3 million kg CO2e and Scope 2 market-based emissions at approximately 6.1 million kg CO2e. The location-based Scope 2 figure was around 35.7 million kg CO2e.
The company's total emissions for 2022 were approximately 27.5 million kg CO2e, comprising about 8.6 million kg CO2e of Scope 1 emissions and roughly 18.9 million kg CO2e of Scope 2 market-based emissions. The location-based Scope 2 emissions were approximately 34.8 million kg CO2e.
For 2021, Okuma Corporation reported total emissions of approximately 38.4 million kg CO2e, with Scope 1 at about 7.7 million kg CO2e and Scope 2 market-based emissions at around 30.7 million kg CO2e. The location-based Scope 2 emissions for this year were approximately 34 million kg CO2e.
Okuma Corporation has established climate commitments, including a near-term target to achieve carbon neutrality (0 t-CO2e) for Scopes 1 and 2 by 2030. Additionally, the company aims for a 90% reduction in Scopes 1 and 2 emissions compared to their 2013 baseline. It's important to note that Scope 3 emissions data are not fully disclosed, with "purchased goods and services" being a missing data point.
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Okuma Corporation’s Climate Goals (2030 & 2050)
1 goal2030
90% reduction in all scopes
Scopes 1 and 2 Carbon neutrality (0 t-CO2e) Scopes 1 and 2 90% reduction (compared to FY2013)
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Okuma Corporation
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