Nippon Paint Holdings Co., Ltd., commonly known as Nippon Paint, is a leading player in the coatings industry, headquartered in Japan (JP). Founded in 1881, the company has established a strong presence across Asia, with significant operations in countries such as China, Singapore, and Malaysia. Specialising in decorative paints, industrial coatings, and automotive finishes, Nippon Paint is renowned for its innovative products that combine quality with sustainability. The company has achieved notable milestones, including being one of the largest paint manufacturers in Asia, and is recognised for its commitment to research and development. With a focus on eco-friendly solutions and advanced technology, Nippon Paint continues to strengthen its market position, making it a trusted choice for consumers and businesses alike.
How does Nippon Paint Holdings Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nippon Paint Holdings Co's score of 40 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nippon Paint Holdings Co., headquartered in Japan (JP), reported total carbon emissions of approximately 1,280,935,000 kg CO2e. This figure includes Scope 1 emissions of about 16,744,000 kg CO2e, Scope 2 emissions of around 24,952,000 kg CO2e, and significant Scope 3 emissions totalling approximately 1,239,239,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 1,021,546,000 kg CO2e) and end-of-life treatment of sold products (approximately 49,052,000 kg CO2e). Comparatively, in 2022, the company reported total emissions of about 1,274,587,000 kg CO2e, indicating a slight increase in emissions year-on-year. The Scope 1 and 2 emissions combined for 2023 totalled approximately 41,696,000 kg CO2e, reflecting a consistent commitment to monitoring and reporting emissions across all scopes. Nippon Paint Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is sourced directly from Nippon Paint Holdings Co., Ltd., with no cascading from a parent or related organization. Overall, while Nippon Paint Holdings Co. has made strides in transparency regarding its carbon footprint, the lack of defined reduction targets suggests an area for potential improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 46,663,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 193,054,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 988,543,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nippon Paint Holdings Co is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.