Osaki Electric Co., Ltd. Sustainability Profile
Osaki Electric Co., Ltd., a prominent player in the electrical equipment industry, is headquartered in Japan. Founded in 1938, the company has established itself as a leader in the development and manufacturing of advanced electrical components and systems, particularly in the fields of power generation and distribution. With a strong presence in Asia and beyond, Osaki Electric is renowned for its innovative solutions, including high-performance transformers and circuit breakers, which are designed to enhance efficiency and reliability in various applications. The company’s commitment to quality and technological advancement has earned it a significant market position, recognised for its contributions to the electrical infrastructure sector. Through continuous research and development, Osaki Electric remains at the forefront of industry advancements, ensuring its products meet the evolving needs of its global clientele.
DitchCarbon Score
How does Osaki Electric 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 Electrical Machinery Manufacturing 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
Osaki Electric Co., Ltd.'s score of 50 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Osaki Electric Co., Ltd.'s reported carbon emissions
In 2024, Osaki Electric Co., Ltd. reported total carbon emissions of approximately 10,419,700 kg CO2e. This figure includes Scope 1 emissions of about 3,525,000 kg CO2e, Scope 2 emissions of around 3,588,000 kg CO2e, and significant Scope 3 emissions totalling approximately 288,724,000 kg CO2e. In comparison, the 2023 emissions were approximately 12,838,900 kg CO2e, with Scope 1 at about 3,548,600 kg CO2e, Scope 2 at around 3,734,100 kg CO2e, and Scope 3 at approximately 248,970,000 kg CO2e. Osaki Electric has set ambitious near-term targets to reduce its greenhouse gas emissions. The company commits to a 42% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2023 as the baseline. Additionally, it aims for a 25% reduction in absolute Scope 3 emissions, specifically from purchased goods and services and the use of sold products, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Osaki Electric Co., Ltd. is actively working towards significant emissions reductions, demonstrating a commitment to sustainability and climate responsibility within the electrical equipment and machinery sector.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 3,548,600 | 0,000,000 |
| Scope 2 | 3,734,100 | 0,000,000 |
| Scope 3 | 248,970,000 | 000,000,000 |
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Osaki Electric 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.
Osaki Electric Co., Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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