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Seiko Holdings Corporation, commonly known as Seiko, is a distinguished leader in the medical, precision and optical instruments, as well as watches and clocks industry. Headquartered in Japan, Seiko has established a significant presence in various global markets, renowned for its innovative approach and commitment to quality.
Founded in 1881, Seiko has achieved numerous milestones, including the introduction of Japan's first wristwatch and the development of the world's first quartz watch. The company’s core offerings encompass high-precision timepieces, advanced optical instruments, and medical devices, each distinguished by their exceptional craftsmanship and cutting-edge technology.
Seiko's market position is bolstered by its reputation for reliability and innovation, making it a preferred choice among consumers and professionals alike. With a legacy of excellence, Seiko continues to shape the future of timekeeping and precision instruments.
48
DitchCarbon score
+16 vs industry average
Seiko’s score of 48 is higher than 63% 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
High
Medical Device Manufacturing has above-average carbon intensity
Industry performance
0.308
20182025
The Medical Device Manufacturing industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
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.
Seiko's reported carbon emissions
Seiko, a Japanese company in the Medical, Precision and Optical Instruments, Watches and Clocks industry, reported its most recent carbon emissions for 2024. Their Scope 1 emissions were 11,524,000 kg CO2e, and Scope 2 emissions were 43,709,000 kg CO2e. Scope 3 emissions were approximately 572,561,000 kg CO2e.
Seiko Group Corporation has set Science Based Targets initiative (SBTi) approved near-term targets. They commit to reducing absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2022 base year. Additionally, Seiko Group Corporation aims to reduce absolute Scope 3 GHG emissions from purchased goods and services and use of sold products by 25% within the same timeframe. The company is also committed to achieving net-zero emissions by 2050, as referenced in their CDP filings and Value Reports.
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Seiko’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 2
Seiko Group Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year.
On track42%
2030
42% reduction in Scope 1
Seiko Group Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year.
Behind target42%
2030
25% reduction in scope 3 total
Seiko Group Corporation also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 25%…
Behind target25%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
14 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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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
Seiko1 month ago
48
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Frequently asked questions
Common questions about Seiko’s sustainability data and climate commitments
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