MITSUBA Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2020-04 to 2023-03

In its 2023-04 to 2024-03 reporting, MITSUBA Corporation disclosed greenhouse gas emissions of 2.0M t-CO2e/year. By scope: Scope 1: 11.7K t-CO2e/year; Scope 2: 139.0K t-CO2e/year; Scope 3: 1.9M t-CO2e/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
2.0M t-CO2e/year
2023-04 to 2024-03
💧
Water Usage
1.2K Mℓ/year
2023-04 to 2024-03
♻️
Waste
50.4K tons/year
2023-04 to 2024-03
⚙️
Energy Use
924 TJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).11.7K t-CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.139.0K t-CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.9M t-CO2e/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 periodHeadline emissions figure reported
2023-04 to 2024-032.0M t-CO2e/year
2022-04 to 2023-03147.4K t-CO2e/year (Scope 1 & 2)
2020-04 to 2023-032.0M tCO2e/year (2023)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce CO2 emissions by 9.0%

📅 Medium-term

  • Scope 1 and 2: 50% reduction by 2030
  • Recycling rate: 90% or higher by 2030
  • Water intake: 1,376 ML or lower by 2030

🔭 Long-term

  • Achieve carbon neutrality from a life cycle perspective by 2046

🌱 ESG Focus Areas

Carbon NeutralityEfficient Use of ResourcesReduction of Use of Hazardous SubstancesMaximization of Human CapitalStrengthening of Group Management GovernanceSustainable Procurement

⚠️ Challenges & Risks +

  • Increase in costs due to environmental changes
  • Increase in market share of Chinese manufacturers
  • Intensifying cost competitiveness
  • Decrease in product demand due to decline in ICE (Internal Combustion Engine) vehicles
  • Increase in costs due to the introduced carbon tax
  • Increase in procurement costs due to the growing demand for CO2 reduction
  • Increase in energy costs due to the expansion of renewable energy

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Sustainability Reporting Standards, SASB Sustainability Accounting Standards Board (Automotive Parts), Ministry of the Environment “Environmental Reporting Guideline 2018”