Seiko Holdings Corporation, commonly known as Seiko, is a renowned Japanese watchmaker headquartered in Tokyo, Japan. Founded in 1881, Seiko has established itself as a leader in the horology industry, celebrated for its innovative timekeeping technology and craftsmanship. The company operates primarily in Asia, Europe, and the Americas, offering a diverse range of products that include mechanical, quartz, and Spring Drive watches.
Seiko is distinguished by its commitment to precision and quality, with notable achievements such as the introduction of the world's first quartz watch in 1969. This pioneering spirit has solidified Seiko's market position, making it a preferred choice among watch enthusiasts and collectors. With a rich heritage and a focus on innovation, Seiko continues to set benchmarks in the watchmaking industry, blending tradition with cutting-edge technology.
+13 vs industry average
Seiko’s score of 40 is higher than 59% 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
Medical Device Manufacturing has typical carbon intensity
Industry performance
The Medical Device Manufacturing industry has reduced its overall emissions by 18% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Seiko's reported carbon emissions
**Seiko Carbon Emissions and Climate Commitments** In 2024, Seiko reported a total of approximately 647.0 million kg CO2e in emissions. This figure comprises roughly 11.5 million kg CO2e from Scope 1 emissions and approximately 43.7 million kg CO2e from Scope 2 emissions. The majority of their reported emissions, approximately 572.6 million kg CO2e, fall under Scope 3, with purchased goods and services representing the largest contributor within this scope at about 369.4 million kg CO2e. Seiko is committed to achieving net-zero emissions by 2050. To support this long-term goal, the company has set near-term targets. Specifically, by FY2030, Seiko aims for a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions from a FY2022 baseline. Additionally, they are targeting a 25% reduction in absolute Scope 3 emissions (specifically categories 1 and 11, which include purchased goods and services and use of sold products) by the same year, also from a FY2022 base. These targets are consistent with limiting global warming to 1.5°C.
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Seiko’s Climate Goals (2030 & 2050)
2 goals2050
Target year for achieving net zero 2050
Target year for achieving net zero 2050.
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
13 of 15 categories disclosedSee all scope 3 categories
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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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Seiko
Frequently asked questions
Common questions about Seiko’s sustainability data and climate commitments
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