- Increased SG&A expenses due to upfront investment in sales distributor operations and soaring personnel expenses.
SEIKA CORPORATION
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, SEIKA CORPORATION disclosed greenhouse gas emissions of 2.0K tCO2e/year. By scope: Scope 1: 1.0K tCO2e/year; Scope 2: 989 tCO2e/year; Scope 3: 32 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
2.0K tCO2e/year
2023
📊 Emissions by Scope (2023)
| 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). | 1.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 989 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 32 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 | 2.0K tCO2e/year |
| 2022-04 to 2023-03 | 266 tCO2e (FY2020), 297 tCO2e (FY2021), 321 tCO2e (FY2022) (Seika Corporation only) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Started monitoring Scope 1 and Scope 2 greenhouse gas (GHG) emissions including those from four major companies in the Group. Total GHG emissions for FY2023 were 2,027 t-CO2e (Scope 1: 1,006 t-CO2e; Scope 2: 989 t-CO2e; Scope 3 (partly): 32 t-CO2e).
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve a total payout ratio of 45%.
🔭 Long-term
- Achieve a profit target of 4.50 billion yen and an operating income target of 6.50 billion yen for FY2030.
🌱 ESG Focus Areas
Expansion of clean energyDecarbonization of thermal power generationInitiatives based on TCFD recommendationsImprovement of employee engagementPromoting diversityCoexistence with local communitiesStrengthen corporate governanceReinforcement of compliance systemEnhancing data securityPromotion of energy and power conservationPromotion of DXContributing to the sustainability of marine resources