Morinaga And Co
Morinaga And Co., Ltd., a prominent player in the confectionery and food industry, is headquartered in Japan. Founded in 1899, the company has established itself as a leader in producing high-quality sweets, snacks, and dairy products, with a strong presence in both domestic and international markets. Renowned for its innovative offerings, Morinaga is best known for its iconic milk caramel and a diverse range of confectionery items that cater to various consumer preferences. The company’s commitment to quality and tradition has earned it a loyal customer base and significant market share. With a focus on sustainability and health-conscious products, Morinaga continues to adapt to changing consumer trends, solidifying its position as a trusted brand in the global food sector. Notable achievements include numerous awards for product excellence and a reputation for pioneering new flavours and textures in the confectionery market.
DitchCarbon Score
How does Morinaga And 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 Furniture Manufacturing 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
Morinaga And Co's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Morinaga And Co's reported carbon emissions
In 2023, Morinaga And Co reported total carbon emissions of approximately 63,900,000 kg CO2e for Scope 1 and about 4,700,000 kg CO2e for Scope 2, resulting in a combined total of approximately 68,600,000 kg CO2e from these two scopes. This reflects a slight increase in emissions compared to 2022, where Scope 1 emissions were about 58,000,000 kg CO2e and Scope 2 emissions were approximately 9,000,000 kg CO2e, leading to a total of around 67,000,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Morinaga And Co has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, which may limit their accountability in addressing climate change. Overall, while Morinaga And Co has made strides in tracking and reporting their emissions, the absence of reduction targets and Scope 3 data suggests that there is room for enhancement in their climate commitments and sustainability strategies.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 62,500,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Morinaga And 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.
