Taiheiyo Cement Corporation Sustainability Profile
Taiheiyo Cement Corporation, a leading player in the cement industry, is headquartered in Japan and operates extensively across Asia and the Pacific. Founded in 1943, the company has established itself as a pioneer in sustainable construction materials, focusing on innovative cement production and environmental stewardship. With a diverse portfolio that includes ordinary Portland cement, blended cement, and specialty products, Taiheiyo Cement stands out for its commitment to quality and sustainability. The company has achieved significant milestones, including advancements in eco-friendly manufacturing processes and a strong market position as one of Japan's largest cement producers. Recognised for its contributions to the construction sector, Taiheiyo Cement Corporation continues to drive industry standards while addressing the growing demand for sustainable building solutions.
DitchCarbon Score
How does Taiheiyo Cement 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 Cement Production 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
Taiheiyo Cement Corporation's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taiheiyo Cement Corporation's reported carbon emissions
In 2023, Taiheiyo Cement Corporation reported significant carbon emissions, with Scope 2 emissions from purchased electricity amounting to approximately 868,000,000 kg CO2e. Additionally, Scope 3 emissions included about 893,000,000 kg CO2e from purchased goods and services and approximately 873,000,000 kg CO2e from fuel and energy-related activities. The company has set long-term net-zero targets for both Scope 1 and Scope 2 emissions, aiming for implementation by 2050. These commitments reflect a strategic approach to reducing their carbon footprint, acknowledging the need for innovative solutions beyond current technologies. In 2022, Taiheiyo Cement's Scope 1 emissions were reported at approximately 14,362,000,000 kg CO2e, alongside Scope 2 emissions of about 371,000,000 kg CO2e. The company has consistently focused on improving the emissions intensity of its cementitious products, achieving a net CO2 emissions intensity of about 671,000 kg CO2e per tonne in 2023. Taiheiyo Cement's climate commitments are underscored by their recognition of the challenges in achieving these targets, including the need for social acceptance and the development of new standards. The company is actively exploring various measures to realise its long-range vision, which is crucial for its future growth amidst significant social changes.
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| 2012 | 2013 | 2014 | 2015 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000,000 | 00,000,000,000 | - | - | - |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,268,000 | 0,000,000 | 0,000,000 | 0,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Taiheiyo Cement Corporation's Industry?
How Carbon Intensive is Taiheiyo Cement Corporation's Location?
Taiheiyo Cement Corporation's Scope 3 Categories Breakdown
Taiheiyo Cement Corporation's Scope 3 emissions, which increased by 8% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 51% of Scope 3 emissions.
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Taiheiyo Cement 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.
Taiheiyo Cement 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.
