Shinko Sustainability Profile
Shinko Electric Industries Co., Ltd., commonly known as Shinko, is a leading player in the semiconductor and electronics industry, headquartered in Japan. Founded in 1955, the company has established a strong presence in major operational regions, including Asia and North America. Shinko is renowned for its innovative packaging solutions, particularly in the field of semiconductor assembly, where it excels in providing high-quality, reliable products. With a focus on advanced technologies, Shinko offers a range of core services, including flip chip and wire bonding solutions, which are distinguished by their superior performance and efficiency. The company has achieved significant milestones, positioning itself as a trusted partner for global electronics manufacturers. Shinko's commitment to quality and innovation has solidified its reputation as a market leader, making it a pivotal contributor to the evolving landscape of the electronics sector.
DitchCarbon Score
How does Shinko'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
Shinko's score of 62 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shinko's reported carbon emissions
In 2023, Shinko Electric Industries Co., Ltd., headquartered in Japan, reported total carbon emissions of approximately 45737000 kg CO2e for Scope 1, 94077000 kg CO2e for Scope 2 (market-based), and 397282000 kg CO2e for Scope 3. The combined total for Scope 1 and 2 emissions was about 139815000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all three scopes. Shinko has set ambitious climate commitments, aiming for a net reduction of 56% in greenhouse gas emissions by 2030 compared to the fiscal year 2020 baseline. This target encompasses all scopes of emissions, with specific goals of a 42% reduction in Scope 1 and Scope 2 emissions by FY2030 from a FY2023 base year. These targets are aligned with the Science Based Targets initiative (SBTi) and demonstrate Shinko's commitment to addressing climate change. The company has inherited emissions data and climate initiatives from its parent organization, Shinko Electric Industries Co., Ltd., which further supports its sustainability efforts. Shinko's initiatives include ongoing projects aimed at reducing energy consumption and improving operational efficiency, contributing to its overall emissions reduction strategy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 31,912,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 105,154,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Shinko's Industry?
How Carbon Intensive is Shinko's Location?
Shinko's Scope 3 Categories Breakdown
Shinko's Scope 3 emissions, which decreased by 2% last year and decreased by approximately 51% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 47% of Scope 3 emissions.
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Shinko'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.
Shinko has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Shinko's sustainability data and climate commitments