Tokyo Electric Power Sustainability Profile
Tokyo Electric Power Company Holdings, Inc. (TEPCO) is a leading player in the Japanese energy sector, headquartered in Tokyo, Japan. Established in 1951, TEPCO has grown to become one of the largest electric utility companies in the world, primarily serving the Kanto region, which includes the bustling metropolis of Tokyo. The company operates in the electric power industry, focusing on the generation, transmission, and distribution of electricity. TEPCO is renowned for its commitment to innovation and sustainability, offering a diverse range of services, including renewable energy solutions and advanced grid technologies. With a strong market position, TEPCO has achieved significant milestones, including the integration of smart grid systems and a robust response to the challenges posed by natural disasters. Its dedication to safety and reliability continues to set it apart in the competitive energy landscape.
DitchCarbon Score
How does Tokyo Electric Power'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
Tokyo Electric Power's score of 35 is higher than 57% 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 Electric Power's reported carbon emissions
In 2023, Tokyo Electric Power Company (TEPCO) reported total carbon emissions of approximately 121,564,000,000 kg CO2e. This figure includes Scope 1 emissions of about 194,000,000 kg CO2e, Scope 2 emissions of approximately 5,918,000,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 115,451,000,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from fuel and energy-related activities, which accounted for about 101,903,000,000 kg CO2e. TEPCO has set ambitious climate commitments, aiming to reduce CO2 emissions from power sales by 50% from FY2013 levels by FY2030. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company aims for a 70% reduction in GHG emissions from its business activities (Scope 1 and 2) by FY2030, with an interim target of 55% reduction by FY2025. The emissions data for TEPCO is cascaded from its parent organization, Tokyo Electric Power Company Holdings, Incorporated, which oversees the company's overall climate strategy and performance metrics. This corporate relationship underscores TEPCO's commitment to aligning with broader sustainability goals within the energy sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,700,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 41,581,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Tokyo Electric Power's Industry?
How Carbon Intensive is Tokyo Electric Power's Location?
Tokyo Electric Power's Scope 3 Categories Breakdown
Tokyo Electric Power's Scope 3 emissions, which increased by 9% last year and increased by approximately 178% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 88% of Scope 3 emissions.
Top Scope 3 Categories
Tokyo Electric Power'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 Electric Power 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.
