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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.
-4 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 reported total emissions of approximately 108.71 billion kg CO2e in 2023. This includes Scope 1 emissions of 410 million kg CO2e, Scope 2 emissions of 540 million kg CO2e, and Scope 3 emissions of 107.75 billion kg CO2e, with "use of sold products" being the largest contributor at 85.58 billion kg CO2e.
Looking back, in 2022, their total emissions were approximately 103.70 billion kg CO2e (Scope 1: 420 million kg CO2e, Scope 2: 720 million kg CO2e, Scope 3: 102.56 billion kg CO2e). In 2021, total emissions were around 92.07 billion kg CO2e (Scope 1: 400 million kg CO2e, Scope 2: 710 million kg CO2e, Scope 3: 90.96 billion kg CO2e).
Suzuki, headquartered in Japan and operating in the electrical machinery and apparatus industry, is committed to achieving net-zero emissions by 2050 for both Scope 1 and Scope 2. In the near term, Suzuki aims to reduce CO2 from business activities by 45% in terms of carbon intensity per sales unit by 2030, compared to FY2016 levels for Scope 1 and Scope 2. They also have an absolute target to reduce Scope 1 and Scope 2 CO2 emissions by 30% by the 2025 financial year, using 2019 as a baseline. Historically, they aimed to reduce Scope 1 CO2 emissions per global production volume by 10% by 2020 (compared to FY2010) and Scope 2 CO2 emissions per sale by 14% by 2020 (compared to FY2006).
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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