Tokyo Commodity Exchange, Inc. Sustainability Profile
Tokyo Commodity Exchange, Inc. (TOCOM), headquartered in Tokyo, Japan, is a leading player in the commodities trading industry. Established in 1984, TOCOM has evolved into a pivotal marketplace for various commodities, including precious metals, energy, and agricultural products. The exchange is renowned for its innovative trading solutions and robust risk management services, catering to a diverse clientele ranging from institutional investors to individual traders. TOCOM's unique offerings, such as its electronic trading platform, enhance market accessibility and efficiency. With a strong market position, TOCOM has achieved significant milestones, including the introduction of new products and the expansion of its trading hours, solidifying its reputation as a key hub for commodity trading in Asia.
DitchCarbon Score
How does Tokyo Commodity Exchange, Inc.'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 Services Auxiliary to 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 Commodity Exchange, Inc.'s score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Tokyo Commodity Exchange, Inc. (TOCOM), headquartered in Japan, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Japan Exchange Group, Inc., which may influence its climate-related initiatives and reporting. As of now, TOCOM has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The lack of specific emissions data and reduction initiatives suggests that TOCOM may still be in the early stages of developing a comprehensive climate strategy. Given its affiliation with Japan Exchange Group, Inc., any potential climate commitments or emissions data may be inherited from this parent organisation. However, specific details regarding emissions performance or climate initiatives from Japan Exchange Group, Inc. have not been disclosed in the available information. In summary, while TOCOM is part of a larger corporate family that may have climate commitments, it currently lacks specific emissions data and defined reduction targets.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 738,316 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 13,708,058 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Tokyo Commodity Exchange, Inc.'s Industry?
How Carbon Intensive is Tokyo Commodity Exchange, Inc.'s Location?
Tokyo Commodity Exchange, Inc.'s Scope 3 Categories Breakdown
Tokyo Commodity Exchange, Inc.'s Scope 3 emissions, which decreased by 37% last year and increased by approximately 13% since 2021, 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 "Capital Goods" being the largest emissions source at 70% of Scope 3 emissions.
Top Scope 3 Categories
Tokyo Commodity Exchange, Inc.'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 Commodity Exchange, Inc. 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.
