- Supply chain disruptions due to the COVID-19 pandemic (2021)
- Declining product demand in Japan (2023)
- Rising raw material costs (2023)
- Overdependence on the Chinese market for international sales
- Labor shortages in Japan
Noritz Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Noritz Corporation disclosed greenhouse gas emissions of 18.69 million tons CO2e (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
18.69 million tons CO2e (2022)
2023
Waste
28.7K tons (Noritz Corporation 2023)
2023
Energy Use
147.5K gigajoules (Noritz Corporation 2023)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 18.69 million tons CO2e (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Developed a 100% hydrogen-fueled water heater (2023)
- Reduced CO2 emissions from product usage in Japan by 25% compared to 2018 (2023)
- Reduced CO2 emissions from operations in Japan by 50% compared to 2018 (target for 2030)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions from product usage in Japan by 20% compared to 2018 by 2026
- Increase sales of high-efficiency water heaters to 50% of total water heater sales in Japan by 2026
- Increase sales of high-performance products to 37% of total product sales in Japan by 2026
- Increase registered customer accounts in Japan from 4.57 million to 6 million by 2026
- Achieve ROE of 6% by 2026
📅 Medium-term
- Reduce CO2 emissions from the Group’s products in Japan by 30% compared to 2018 by 2030
- Reduce CO2 emissions from the Group’s operations in Japan by 50% compared to 2018 by 2030
- Recycle 300,000 products by 2030
- Secure 100% of electricity from renewable energy sources at all factories in Japan by 2030
🔭 Long-term
- Achieve net-zero CO2 emissions from products and all business sites worldwide by 2050
🌱 ESG Focus Areas
Carbon NeutralitySustainabilityWell-beingCare