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 31 is higher than 86% 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 Group Corporation reported total greenhouse gas emissions of approximately 88,434,000 kg CO2e from Scope 1 and 2, alongside significant Scope 3 emissions, including about 36,220,000 kg CO2e from purchased goods and services and approximately 95,739,000 kg CO2e from the use of sold products. This reflects a commitment to transparency in their carbon footprint across various scopes. Seiko has set ambitious climate targets, aiming to reduce absolute Scope 1 and 2 emissions by 42% by FY2030, using FY2022 as the baseline. Additionally, the company plans to cut Scope 3 emissions from purchased goods and services and the use of sold products by 25% 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, Seiko's climate commitments demonstrate a proactive approach to reducing their carbon emissions and addressing climate change, reflecting their responsibility as a leader in the textiles, apparel, footwear, and luxury goods sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 0,000,000 |
| Scope 2 | - | - | - | - | - | 00,000,000 |
| Scope 3 | - | - | - | 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.
