Cosmo Energy Holdings
Cosmo Energy Holdings is a publicly listed integrated energy company headquartered in Japan. In 2020, it had USD 25.34 billion in revenue and 6,788 employees*. Cosmo Energy Group operates three refineries and is Japan's third-largest refiner by sales. It plans to invest in wind power generation and petrochemicals for its low-carbon transition, but remains reliant on its oil operations.
- Ranking position
- #24 /100
- Total score
- 17.1 /100
- Performance score
- 2.2 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Cosmo Energy receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company does not have a long-term emissions reduction target beyond 2030. The company’s planned expansion of renewable electricity and low-carbon mobility businesses is likely to improve its performance, but the company is yet to implement these businesses at the scale required to align with its 1.5°C pathway. At present, Cosmo’s low-carbon electricity business is still negligible compared with the size of its oil and gas operations.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Tokyo, Japan
- Group revenue
- JPY 2,738.003 billion (USD 25.34 billion)
- Ownership structure
- Publicly listed
- Number of employees
- 6,788
- Scope of activity
- Integrated
- Website
- https://ceh.cosmo-oil.co.jp/eng/