TOKAI RIKA CO., LTD. Sustainability Profile
TOKAI RIKA CO., LTD., headquartered in Japan, is a leading manufacturer in the automotive components industry, specialising in advanced electronic and mechanical systems. Founded in 1958, the company has established a strong presence in key operational regions, including Asia, Europe, and North America. With a diverse portfolio that includes automotive switches, sensors, and security systems, TOKAI RIKA is renowned for its commitment to innovation and quality. The company’s unique approach to integrating cutting-edge technology with user-friendly designs has positioned it as a trusted partner for major automotive manufacturers worldwide. Notable achievements include significant contributions to vehicle safety and convenience, solidifying its market position as a frontrunner in automotive technology solutions. Through continuous research and development, TOKAI RIKA remains dedicated to enhancing the driving experience while maintaining a focus on sustainability and efficiency.
DitchCarbon Score
How does TOKAI RIKA CO., LTD.'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 Business Services 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
TOKAI RIKA CO., LTD.'s score of 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TOKAI RIKA CO., LTD.'s reported carbon emissions
In 2023, TOKAI RIKA CO., LTD. reported total carbon emissions of approximately 743,051,000 kg CO2e. This figure includes Scope 1 emissions of about 102,914,000 kg CO2e, Scope 2 emissions of approximately 93,924,000 kg CO2e, and significant Scope 3 emissions totalling around 546,213,000 kg CO2e. Within Scope 3, the largest contributors were purchased goods and services at about 375,740,000 kg CO2e and capital goods at approximately 80,847,000 kg CO2e. Comparatively, in 2022, the company’s total emissions were about 776,929,000 kg CO2e, indicating a reduction of approximately 33,878,000 kg CO2e year-on-year. This trend of decreasing emissions is part of TOKAI RIKA's commitment to achieving carbon neutrality by 2050, with a specific focus on reducing Scope 1 emissions. The company has committed to long-term carbon neutrality goals, with a clear target set for 2050. Although no near-term targets have been specified, the company is actively working towards its long-term objectives. The emissions data is independently sourced from TOKAI RIKA CO., LTD. and reflects their ongoing efforts in sustainability within the automobiles and components sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 127,945,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 106,671,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 603,179,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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TOKAI RIKA CO., LTD.'s Scope 3 Categories Breakdown
TOKAI RIKA CO., LTD.'s Scope 3 emissions, which decreased by 3% last year and decreased by approximately 9% 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 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 69% of Scope 3 emissions.
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TOKAI RIKA CO., LTD.'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.
TOKAI RIKA CO., LTD. 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.
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Frequently Asked Questions
Common questions about TOKAI RIKA CO., LTD.'s sustainability data and climate commitments