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Suzuki Motor Corporation, commonly known as Suzuki, is a prominent player in the electrical machinery and apparatus sector, specifically classified under industry code 31. Headquartered in Japan, Suzuki has established a significant presence in various global markets, including Asia, Europe, and North America. Founded in 1909, the company has evolved from its origins in loom manufacturing to become a leader in automotive and motorcycle production.
Suzuki is renowned for its innovative range of vehicles, including compact cars, motorcycles, and all-terrain vehicles, distinguished by their reliability and fuel efficiency. The company has achieved notable milestones, such as pioneering advancements in hybrid technology and maintaining a strong market position through its commitment to quality and customer satisfaction. With a legacy of over a century, Suzuki continues to shape the future of mobility while upholding its reputation for excellence in engineering and design.
-3 vs industry average
Suzuki’s score of 27 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing is among the most carbon-intensive industries
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Suzuki, headquartered in Japan, reported total emissions of approximately 108.71 billion kg CO2e in 2023. This includes 410 million kg CO2e for Scope 1, 540 million kg CO2e for Scope 2, and 107.75 billion kg CO2e for Scope 3 emissions. A significant portion of Scope 3 emissions, about 85.58 billion kg CO2e, came from the use of sold products. In 2022, their total emissions were approximately 103.7 billion kg CO2e, comprising 420 million kg CO2e for Scope 1, 720 million kg CO2e for Scope 2, and 102.56 billion kg CO2e for Scope 3, with 82.7 billion kg CO2e attributed to the use of sold products.
Suzuki aims to achieve net-zero emissions for Scope 1 and Scope 2 by 2050. They have set a near-term target to reduce CO2 emissions from business activities by 45% in terms of carbon intensity per sales unit by 2030, compared to a 2016 baseline for both Scope 1 and Scope 2. Additionally, Suzuki is working towards an absolute reduction target for Scope 1 and Scope 2 emissions, aiming for a 30% reduction by fiscal year 2025 compared to fiscal year 2019. For the longer term, they intend to reduce Scope 1 CO2 from business activities by 80% in terms of carbon intensity per sales unit by 2050, against the 2016 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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