TDK Corporation

TDK Corporation's Climate Commitments and Emissions Overview

TDK Corporation, headquartered in Japan, is actively engaged in addressing climate change through robust emissions reduction targets and reporting. The company has set an ambitious goal to achieve net-zero greenhouse gas emissions across its value chain by FY2050.

Emissions Data:

• 2025: TDK reported approximately 21.95 billion kg CO2e in total emissions. This comprised about 134.17 million kg CO2e of Scope 1 emissions, approximately 755.96 million kg CO2e of Scope 2 emissions, and around 21.06 billion kg CO2e of Scope 3 emissions. Key contributors to Scope 3 emissions included the use of sold products (approximately 10.60 billion kg CO2e) and purchased goods and services (approximately 8.86 billion kg CO2e).
• 2024: The company's total emissions for 2024 were approximately 20.37 billion kg CO2e. Scope 1 emissions were about 134 million kg CO2e, Scope 2 emissions stood at approximately 694 million kg CO2e, and Scope 3 emissions totalled around 19.55 billion kg CO2e.
• 2023: TDK reported total emissions of approximately 27.88 billion kg CO2e. Scope 1 emissions were around 146.35 million kg CO2e, Scope 2 emissions were approximately 1.24 billion kg CO2e, and Scope 3 emissions amounted to roughly 26.50 billion kg CO2e.
• 2022: Total emissions for 2022 were approximately 27.52 billion kg CO2e, with Scope 1 emissions at about 146.77 million kg CO2e, Scope 2 emissions at approximately 1.55 billion kg CO2e, and Scope 3 emissions at around 25.82 billion kg CO2e.
• 2021: In 2021, TDK reported total emissions of approximately 20.39 billion kg CO2e. Scope 1 emissions were about 136.02 million kg CO2e, Scope 2 emissions were approximately 1.63 billion kg CO2e, and Scope 3 emissions totalled around 18.62 billion kg CO2e.
• 2020: Total emissions for 2020 were approximately 15.81 billion kg CO2e, comprising about 111.34 million kg CO2e of Scope 1, 1.45 billion kg CO2e of Scope 2, and approximately 14.25 billion kg CO2e of Scope 3 emissions.
• 2019: TDK disclosed Scope 1 emissions of approximately 120.98 million kg CO2e and Scope 2 emissions of approximately 1.55 billion kg CO2e, totalling around 1.67 billion kg CO2e for Scope 1 and 2 combined. Scope 3 data for this year was not fully disclosed.
• 2018: Scope 1 emissions were approximately 127.66 million kg CO2e and Scope 2 emissions were around 1.52 billion kg CO2e, with a combined Scope 1 and 2 total of approximately 1.65 billion kg CO2e. Scope 3 data was not fully disclosed.
• 2017: Scope 1 emissions were approximately 127.66 million kg CO2e and Scope 2 emissions were around 1.52 billion kg CO2e, with a combined Scope 1 and 2 total of approximately 1.65 billion kg CO2e. Scope 3 data was not fully disclosed.
• 2016: Scope 1 emissions were approximately 78.80 million kg CO2e and Scope 2 emissions were around 1.38 billion kg CO2e, with a combined Scope 1 and 2 total of approximately 1.46 billion kg CO2e. Scope 3 data was not fully disclosed.
• 2015: Scope 1 emissions were approximately 95.91 million kg CO2e and Scope 2 emissions were around 1.38 billion kg CO2e, with a combined Scope 1 and 2 total of approximately 1.47 billion kg CO2e. Scope 3 data was not fully disclosed.

Climate Reduction Targets and Initiatives:

TDK Corporation has established several key climate-related targets:

• Near-Term Targets:

  • A commitment to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by FY2030, using FY2021 as a base year.
  • A commitment to reduce absolute Scope 3 GHG emissions from purchased goods and services, and the use of sold products, by 25% within the same timeframe (by FY2030, from a FY2021 base year).
  • A goal to achieve near-zero Scope 1 and Scope 2 emissions by 2025.

• Long-Term Targets:

  • The TDK Environmental Vision 2035 aims to halve the CO2 emission intensity from a life-cycle perspective by 2035.
  • A commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by FY2050 from a FY2021 base year.
  • A commitment to reduce absolute Scope 3 GHG emissions by 90% by FY2050 from a FY2021 base year.

These commitments are aligned with the Science Based Targets initiative (SBTi), indicating TDK's dedication to emissions reductions consistent with limiting global warming to 1.5°C. The company is also a member of the Business Ambition for 1.5°C initiative.