Tokyo Century Corporation Sustainability Profile
Tokyo Century Corporation, headquartered in Tokyo, Japan, is a prominent player in the financial services and leasing industry. Founded in 1951, the company has evolved significantly, expanding its operations across Asia, Europe, and North America. Specialising in leasing, financing, and asset management, Tokyo Century offers a diverse range of services, including equipment leasing, automobile leasing, and real estate financing. Its innovative approach and commitment to sustainability set it apart in a competitive market. With a strong market position, Tokyo Century has achieved notable milestones, including strategic partnerships and expansions that enhance its service offerings. The company continues to be recognised for its financial stability and customer-centric solutions, making it a trusted name in the global leasing landscape.
DitchCarbon Score
How does Tokyo Century 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 Financial Intermediation 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
Tokyo Century Corporation's score of 56 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tokyo Century Corporation's reported carbon emissions
In 2023, Tokyo Century Corporation reported total greenhouse gas emissions of approximately 13,494,492,000 kg CO2e. This figure includes Scope 1 emissions of about 919,706,000 kg CO2e, Scope 2 emissions of approximately 17,000,000 kg CO2e, and significant Scope 3 emissions totalling around 12,557,000,000 kg CO2e. The company has set an ambitious target to achieve a 50% reduction in overall greenhouse gas emissions by fiscal 2030, compared to the fiscal year 2021 baseline. The corporation is also focused on improving energy efficiency, with specific intensity reduction targets for its operations. For Scope 1 emissions, Tokyo Century aims for a reduction to 0.042 t-CO2/m2 by fiscal 2030, representing a 22% decrease from fiscal 2009 levels. Similarly, for Scope 2 emissions, the target is to reach 0.041 t-CO2/m2 by fiscal 2030, also a 23% reduction from fiscal 2009. Tokyo Century is committed to reducing its Scope 1 and Scope 2 emissions to near zero by the middle of the decade, demonstrating a proactive approach to climate action. The company’s emissions data is independently reported and does not cascade from any parent organization, ensuring transparency in its climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,091,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 8,684,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,211,947,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Tokyo Century Corporation's Industry?
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Tokyo Century Corporation's Scope 3 Categories Breakdown
Tokyo Century Corporation's Scope 3 emissions, which increased by 63% last year and increased by approximately 936% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 92% of Scope 3 emissions.
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Tokyo Century 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.
Tokyo Century 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.
