Paltac Corporation Sustainability Profile
Paltac Corporation, a leading player in the Japanese consumer goods sector, is headquartered in Osaka, Japan. Established in 1947, the company has grown to become a prominent distributor of a wide range of products, including personal care, household items, and health-related goods. With a strong operational presence across Japan and significant influence in the Asian market, Paltac has consistently delivered innovative solutions tailored to consumer needs. Renowned for its commitment to quality, Paltac offers unique products that stand out in the competitive landscape. The company has achieved notable milestones, including strategic partnerships and expansions that have solidified its market position. As a trusted name in the industry, Paltac Corporation continues to set benchmarks in product excellence and customer satisfaction.
DitchCarbon Score
How does Paltac Corporation'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 Pharmaceutical Preparation 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
Paltac Corporation's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paltac Corporation's reported carbon emissions
In 2023, Paltac Corporation reported total carbon emissions of approximately 6,213,704,000 kg CO2e. This figure includes Scope 1 emissions of about 3,262,000 kg CO2e, Scope 2 emissions of around 20,234,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 6,190,208,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services, accounting for about 5,523,521,000 kg CO2e, and end-of-life treatment of sold products, which contributed approximately 581,197,000 kg CO2e. Comparatively, in 2022, Paltac's total emissions were about 52,189,000 kg CO2e, indicating a substantial increase in emissions in 2023. The breakdown for 2022 included Scope 1 emissions of approximately 3,267,000 kg CO2e, Scope 2 emissions of around 18,514,000 kg CO2e, and Scope 3 emissions of about 30,408,000 kg CO2e. Paltac Corporation has not disclosed specific reduction targets or initiatives as part of its climate commitments. The company is a current subsidiary of MediPal Holdings Corporation, which may influence its emissions reporting and climate strategies. However, no specific SBTi (Science Based Targets initiative) reduction targets or climate pledges have been identified in the available data. Overall, Paltac's emissions profile highlights the significant impact of its supply chain and operational activities, particularly within Scope 3 emissions, which warrant further attention in future sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,722,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,441,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 |
How Carbon Intensive is Paltac Corporation's Industry?
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Paltac Corporation's Scope 3 Categories Breakdown
Paltac Corporation's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 89% of Scope 3 emissions.
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Paltac Corporation'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.
Paltac Corporation 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.
