Seiko Watch Corporation Sustainability Profile
Seiko Watch Corporation, a renowned name in the horology industry, is headquartered in Japan (JP) and has established a significant presence in global markets. Founded in 1881, Seiko has a rich history marked by innovation, including the introduction of Japan's first wristwatch and the world's first quartz watch in 1969. The company excels in the design and manufacture of high-quality timepieces, ranging from luxury mechanical watches to advanced quartz models. Seiko's commitment to precision and craftsmanship sets its products apart, making them highly sought after by collectors and enthusiasts alike. With a strong market position, Seiko continues to be a leader in watchmaking, celebrated for its technological advancements and iconic designs. The brand's dedication to excellence has earned it numerous accolades, solidifying its reputation as a pioneer in the watch industry.
DitchCarbon Score
How does Seiko Watch Corporation'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 Business Services 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 Watch Corporation's score of 55 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Seiko Watch Corporation, headquartered in Japan (JP), currently does not report specific carbon emissions data, as no emissions figures are available. The company is a current subsidiary of Seiko Group Corporation, which may influence its climate commitments and reporting practices. While Seiko Watch Corporation has not established its own reduction targets or climate pledges, it is important to note that it inherits sustainability initiatives from its parent company, Seiko Group Corporation. This includes potential commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at enhancing transparency and accountability in corporate climate action. As a part of the watchmaking industry, Seiko Watch Corporation is positioned within a sector increasingly focused on reducing carbon footprints and addressing climate change. However, without specific emissions data or reduction targets, the company's current climate commitments remain unclear.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Seiko Watch Corporation's Industry?
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Seiko Watch Corporation's Scope 3 Categories Breakdown
Seiko Watch Corporation's Scope 3 emissions, which decreased by 0% last year and increased by approximately 49% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Top Scope 3 Categories
Seiko Watch Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Seiko Watch Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
