Seiko
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.
DitchCarbon Score
How does Seiko'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
Seiko's score of 28 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Seiko's reported carbon emissions
In 2023, Seiko reported total greenhouse gas emissions of approximately 88,434,000 kg CO2e, comprising 8,154,000 kg CO2e from Scope 1 and 88,434,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 emissions by 42% by 2030, using 2022 as the baseline year. Additionally, Seiko plans to reduce its Scope 3 emissions, specifically from purchased goods and services and the use of sold products, by 25% within the same timeframe. Seiko's emissions data from previous years shows a trend of significant emissions, with Scope 1 and Scope 2 emissions reaching 109,296,000 kg CO2e in 2020 and 102,634,000 kg CO2e in 2021. The company is committed to measuring and reducing its Scope 3 emissions, which are critical for comprehensive climate action. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Seiko's proactive approach reflects its commitment to sustainability and responsible environmental stewardship in the automotive and luxury goods sectors.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 116,826,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 2 | 426,797,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | 000,000,000 | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Seiko is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
