Cosmo Energy Holdings Co
Cosmo Energy Holdings Co., a prominent player in the energy sector, is headquartered in Japan and operates extensively across Asia. Founded in 1888, the company has evolved significantly, establishing itself as a leader in oil and gas exploration, refining, and distribution. Cosmo Energy is renowned for its innovative approach to energy solutions, offering a diverse range of products, including petroleum, petrochemicals, and renewable energy initiatives. The company’s commitment to sustainability and technological advancement sets it apart in a competitive market. With a strong market position, Cosmo Energy Holdings has achieved notable milestones, including strategic partnerships and expansions that enhance its operational capabilities. As a forward-thinking entity, it continues to shape the future of energy in Japan and beyond.
DitchCarbon Score
How does Cosmo Energy 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.
Industry Average
Mean score of companies in the Electricity from Other Sources 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.
Industry Benchmark
Cosmo Energy Holdings Co's score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cosmo Energy Holdings Co's reported carbon emissions
In 2023, Cosmo Energy Holdings Co., headquartered in Japan, reported total carbon emissions of approximately 68,800,000 kg CO2e for Scope 1, 711,000,000 kg CO2e for Scope 2, and a significant 76,047,000,000 kg CO2e for Scope 3 emissions. This reflects a total of about 7,112,000,000 kg CO2e for combined Scope 1 and 2 emissions. The company has set ambitious climate commitments, aiming to achieve net zero carbon emissions by 2050. As part of this long-term goal, Cosmo Energy is targeting a 30% reduction in emissions from its own operations (Scope 1 and 2) by 2030, using 2013 as the baseline year. This commitment underscores their dedication to addressing climate change and reducing their carbon footprint. In previous years, emissions were reported as follows: in 2022, Scope 1 emissions were about 778,000,000 kg CO2e, Scope 2 emissions were approximately 753,000,000 kg CO2e, and Scope 3 emissions totalled around 73,200,000,000 kg CO2e. The trend indicates a focus on improving operational efficiency and reducing greenhouse gas emissions across all scopes. Cosmo Energy's initiatives are not cascaded from a parent company, indicating that their emissions data and climate commitments are independently reported. The company is actively working towards its reduction targets while ensuring a stable supply of energy during the transition to a low-carbon future.
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| 2013 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 775,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 806,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Cosmo Energy 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.
