- Improvement of low-profit businesses (magnet business, HDD heads). Delays in boosting productivity in the magnet business. Significant inventory adjustments in HDD heads due to restrained data center investment. Uncertain supplies of raw materials and semiconductors due to sharp expansion of the EVs and renewable energy markets. Unpredictable price fluctuations in energy, raw materials, and distribution costs. Geopolitical issues.
- Achieving profit targets of an operating profit margin of 12% and ROE of 14%.
TDK Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, TDK Corporation disclosed greenhouse gas emissions of 1.4M tons (2023). By scope: Scope 1: 146 kt-CO2 (2023); Scope 2: 1.2K kt-CO2 (2023); Scope 3: 26.5K kt-CO2 (2023). 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
1.4M tons (2023)
2023
Renewable Energy
39.9% (2023)
of total energy
Waste
130.7K tons (2023)
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). | 146 kt-CO2 (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.2K kt-CO2 (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 26.5K kt-CO2 (2023) |
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 | 1.4M tons (2023) |
| 2021-04 to 2022-03 | 1.7M t-CO2e |
| 2017-04 to 2018-03 | 1.6M t-CO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a Group-wide renewable energy introduction rate of 50% or more by fiscal 2025 (one year ahead of schedule). Transitioned to renewable energy sources for 100% of the electricity used at all domestic manufacturing sites effective July 2023. CO2 emission intensity from energy use reduced by 30.7% compared with fiscal 2015. Overall CO2 emissions decreased by 18.7% from the previous year to 1.383 million tons in fiscal 2023.
- CO2 emission reduction by products in fiscal 2023 was 4.233 million tons, a year-on-year increase of 42.6%.
- Total amount of waste in fiscal 2023 was 130,696 tons, an 11.5% decline from the previous fiscal year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emission intensity from energy use (Scope 1, 2) by 12% compared with fiscal 2015 by fiscal 2024. Achieve a Group-wide renewable energy introduction rate of 50% or more by fiscal 2026.
📅 Medium-term
- Halve life-cycle CO2 emission intensity by 2035. Achieve 50% renewable energy at manufacturing sites by 2025. Obtain SBT certification.
🔭 Long-term
- Net zero CO2 emissions by 2050.
🌱 ESG Focus Areas
Decarbonization and energyHuman capitalGovernance