Meiji Holdings Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2020-04 to 2021-03, 2019-04 to 2020-03, 2018-04-01 to 2019-03-31

In its 2023 reporting, Meiji Holdings Co., Ltd. disclosed greenhouse gas emissions of 389.1K tCO2e/year (Scope 3 Global). By scope: Scope 1: 42.4K tCO2e/year; Scope 2: 21.9K tCO2e/year; Scope 3: 322.7K tCO2e/year (FY2021). 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
389.1K tCO2e/year (Scope 3 Global)
2023
⚡
Renewable Energy
15% (FY2023)
of total energy
💧
Water Usage
20.6M m3/year (Extraction Total)
2023
♻️
Waste
27.0K tons/year (Global Total)
2023
⚙️
Energy Use
760.2K MWh/year (Electricity)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).42.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.21.9K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).322.7K tCO2e/year (FY2021)

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
2023389.1K tCO2e/year (Scope 3 Global)
2020-04 to 2021-0356.3K tons-CO2e
2019-04 to 2020-03489.0K tons-CO2 (FY2020)
2018-04-01 to 2019-03-31492.0K tons CO2e (FY2018)

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 company-wide water consumption per unit of sales by 15% by FY2031
  • Replenish an amount of water to nature equivalent to 45% the amount used in our products by FY2031
  • Reduce product waste in domestic food business by 50% by FY2026
  • Reduce domestic plastic usage by 25% by FY2031
  • Increase the ratio of female managers at least 10% by FYE 3/2027

📅 Medium-term

  • Reduce company-wide CO2 emissions (Scope 1, 2) by at least 50% by FY2031
  • Reduce CO2 emissions (Scope 3) by at least 30% by FY2031
  • Expand renewable energy usage to make up at least 50% of total company-wide usage by FY2031
  • Total abolition of CFC-using equipment by FY2031
  • Achieve carbon neutrality by 2050

🔭 Long-term

  • Achieve carbon neutrality by 2050
  • Achieve water neutrality by 2050
  • Achieve zero pollution by 2050

🌱 ESG Focus Areas

Healthier LivesCaring for the EarthThriving CommunitiesSustainable Sourcing

⚠️ Challenges & Risks +

  • Reducing Scope 3 emissions
  • Achieving carbon neutrality by 2050
  • Securing water resources
  • Minimizing the use of new natural capital
  • Reducing food loss
  • Increasing employee sustainability engagement
  • Improving the Meiji NPS (Nutritional Profiling System)
  • Strengthening engagement with overseas Group companies to achieve global sustainability

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UNGC, SDGs
Assurance: Deloitte Tohmatsu Sustainability