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PIOLAX INC., widely known as Piolax, is a leading Japanese precision manufacturer with its headquarters in Yokohama, Japan. Established in 1918, the company specialises in leveraging advanced 'elastic technology' to produce high-performance components across various industries.
Piolax's core business involves the expert manufacturing of springs, precision plastic parts, fine components, and assembly products. With a robust global presence spanning Japan, North America, Europe, and Asia, Piolax is a trusted supplier for demanding sectors including automotive, home appliances, and medical devices, renowned for its innovative solutions and reliable engineering expertise.
35
DitchCarbon score
-1 vs industry average
Piolax’s score of 35 is higher than 52% 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
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Piolax's reported carbon emissions
Piolax, a Japan-headquartered company in the Other business services industry, reported total carbon emissions of approximately 178 million kg CO2e in 2023. This includes Scope 1 emissions of 3.1 million kg CO2e, Scope 2 market-based emissions of 24.3 million kg CO2e, and Scope 3 emissions of 131 million kg CO2e. Key contributors to their Scope 3 emissions in 2023 included purchased goods and services (104.5 million kg CO2e) and capital goods (19.5 million kg CO2e).
In 2022, Piolax's total emissions were approximately 121.6 million kg CO2e, comprising Scope 1 emissions of 3.1 million kg CO2e, Scope 2 market-based emissions of 36.2 million kg CO2e, and Scope 3 emissions of 82.4 million kg CO2e.
Piolax has committed to achieving carbon neutrality with a target of reducing emissions by 46% by fiscal year 2030, using fiscal year 2019 as a baseline. As part of this commitment, in fiscal year 2023, Piolax introduced 100% renewable energy at its Moka and Fuji Plants and Piolax Medical Devices facilities. The company plans to include overseas subsidiaries in its carbon neutrality roadmap by fiscal year 2024.
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Piolax’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Piolax10 months ago
35
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