Taiyo Yuden Sustainability Profile
Taiyo Yuden Co., Ltd., a leading manufacturer in the electronics industry, is headquartered in Japan (JP) and has established a significant presence in Asia, Europe, and North America. Founded in 1950, the company has achieved numerous milestones, including pioneering advancements in capacitor and inductor technology. Specialising in passive components, Taiyo Yuden is renowned for its high-quality capacitors, inductors, and ferrite beads, which are integral to various electronic devices. Their commitment to innovation and quality has positioned them as a trusted supplier for major global electronics manufacturers. With a strong market position, Taiyo Yuden continues to excel in the competitive landscape, consistently delivering unique products that meet the evolving demands of the electronics sector. Their dedication to research and development ensures they remain at the forefront of technological advancements.
DitchCarbon Score
How does Taiyo Yuden'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 Electricity from Other Sources 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
Taiyo Yuden's score of 29 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taiyo Yuden's reported carbon emissions
In 2023, Taiyo Yuden Co., Ltd. reported total carbon emissions of approximately 967,000,000 kg CO2e. This figure includes 51,000,000 kg CO2e from Scope 1 emissions, 367,000,000 kg CO2e from Scope 2 emissions, and 549,000,000 kg CO2e from Scope 3 emissions, which encompasses categories such as purchased goods and services (601,000,000 kg CO2e) and capital goods (225,000,000 kg CO2e). The company has set ambitious near-term targets to reduce its greenhouse gas emissions. Taiyo Yuden commits to a 42% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2020 as the baseline. Additionally, it aims for a 25% reduction in absolute Scope 3 emissions, specifically from purchased goods and services and fuel- and energy-related activities, by FY2030, with FY2021 as the base year. These targets align with the Science Based Targets initiative (SBTi) and are consistent with efforts to limit global warming to 1.5°C. Overall, Taiyo Yuden's climate commitments reflect a proactive approach to sustainability within the technology hardware sector, demonstrating a clear strategy for emissions reduction and environmental responsibility.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Taiyo Yuden's Industry?
How Carbon Intensive is Taiyo Yuden's Location?
Taiyo Yuden's Scope 3 Categories Breakdown
Taiyo Yuden's Scope 3 emissions, which increased by 31% last year and increased by approximately 174% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 70% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
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Taiyo Yuden'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.
Taiyo Yuden 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.
