Sotetsu, officially known as Sotetsu Holdings, Inc., is a prominent player in the Other Business Services sector, headquartered in Japan (JP). Founded in 1948, the company has established itself as a leader in various operational regions, particularly in Kanagawa Prefecture and the Greater Tokyo Area.
Sotetsu's core offerings include transportation services, real estate development, and leisure facilities, distinguished by their commitment to quality and customer satisfaction. The company has achieved significant milestones, including the expansion of its railway network and innovative urban development projects, solidifying its market position. With a focus on sustainable growth and community engagement, Sotetsu continues to make notable contributions to the industry, enhancing the lives of residents and visitors alike.
-7 vs industry average
Sotetsu’s score of 26 is lower than 45% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sotetsu's reported carbon emissions
Sotetsu, a company operating in "Other business services (74)" based in Japan, has reported its carbon emissions and climate commitments.
For the 2024 reporting year, Sotetsu recorded total emissions of approximately 879.3 million kg CO2e. This figure is comprised of Scope 1 emissions totalling approximately 31.1 million kg CO2e, Scope 2 emissions of about 122.4 million kg CO2e, and Scope 3 emissions amounting to approximately 747.9 million kg CO2e. The company has disclosed data for all three scopes.
In 2023, Sotetsu's Scope 1 emissions were approximately 30.6 million kg CO2e, and Scope 2 emissions were around 109.7 million kg CO2e, with Scope 3 data not yet disclosed for this year.
Previous years also show emissions data, with Scope 1 and 2 totals reported:
- 2022: Scope 1 emissions were approximately 31.0 million kg CO2e, and Scope 2 emissions were about 119.4 million kg CO2e.
- 2021: Scope 1 emissions were approximately 30.7 million kg CO2e, and Scope 2 emissions were around 117.2 million kg CO2e.
- 2020: Scope 1 emissions were approximately 31.3 million kg CO2e, and Scope 2 emissions were about 118.3 million kg CO2e.
Sotetsu's sustainability reporting also includes production emission factors, such as CO2 emissions per car-kilometer, with values varying between 860.0 and 2000.0 kg CO2e/car-km across different reporting years.
While specific reduction targets and commitments are not detailed in the provided information, Sotetsu's inclusion of Scope 3 emissions in its 2024 reporting indicates a move towards a more comprehensive understanding of its climate impact. The company has not disclosed SBTi reduction targets or joined initiatives like the Climate Pledge. The reporting appears to be sourced from Sotetsu Holdings, Inc.
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Sotetsu’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Sotetsu yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Sotetsu
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