- Sluggish transport demand caused by high inventory levels and semiconductor shortages
- Intense competition that cut into profitability
- Global economic slowdown
- Inventory accumulation in various regions
- Modal shift from air to sea freight
- Accelerated decline in sales prices following the post-COVID resolution of freight capacity shortages
- Intense price competition
- Geopolitical risks such as the Russia-Ukraine crisis, the situation in the Middle East, the U.S.-China feud
- Economic recessions in Europe and China
- Rising resource prices
Kintetsu World Express, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Kintetsu World Express, Inc. disclosed greenhouse gas emissions of 52.0K tCO2e/year. By scope: Scope 1: 9.8K tCO2e/year; Scope 2: 42.2K tCO2e/year. 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
52.0K tCO2e/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 9.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 42.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 52.0K tCO2e/year |
| 2022-04 to 2023-03 | 6.6K tCO2e (Kintetsu World Express (non-consolidated)) 50649 tCO2e (KWE Group) |
| 2021-04 to 2022-03 | 7.5K tCO2e/year (KWE Japan non-consolidated) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Inaugurated KWE Green Consolidation to share SAF value with customers (December 2023)
- Formed strategic partnership with Roper Rhodes related to the use of Sustainable Marine Fuel (SMF) (February 2024)
- Participated in Japan Airlines’ SAF usage demonstration project (March 2024)
- Concluded contract with IAG Cargo regarding the use of SAF (June 2024)
- KWE Thailand introduced electric trucks in order to reduce emissions (June 2024)
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net sales: 1 trillion yen
- Operating income: 50 billion yen
- Air freight (tons): Over 1 million
- Sea freight (TEUs): Over 1 million
🌱 ESG Focus Areas
EmissionsEnergyData SecurityDiversity and Equal OpportunitySocial Impacts in the Supply ChainAnti-Corruption