Sumitomo Bakelite
Sumitomo Bakelite Co., Ltd., a leading player in the advanced materials industry, is headquartered in Japan. Established in 1913, the company has evolved significantly, marking key milestones in the development of high-performance plastics and resins. With a strong presence in Asia, Europe, and North America, Sumitomo Bakelite excels in sectors such as automotive, electronics, and industrial applications. The company is renowned for its innovative core products, including phenolic resins and thermosetting plastics, which are distinguished by their durability and heat resistance. Sumitomo Bakelite's commitment to research and development has solidified its market position, making it a trusted partner for various industries. Notable achievements include advancements in eco-friendly materials, reflecting the company's dedication to sustainability and technological excellence.
DitchCarbon Score
How does Sumitomo Bakelite'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 Salt and Mineral Mining 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
Sumitomo Bakelite's score of 39 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sumitomo Bakelite's reported carbon emissions
In 2023, Sumitomo Bakelite reported total emissions of approximately 157,000,000 kg CO2e, which includes 27,482,000 kg CO2e from Scope 1 and 40,114,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions amounting to 74,757,000 kg CO2e, indicating a comprehensive approach to tracking its carbon footprint across all scopes. Historically, the company has shown a commitment to reducing its carbon emissions, with significant reductions noted in recent years. For instance, in 2020, the total emissions were about 205,000,000 kg CO2e, highlighting a reduction in emissions over the subsequent years. Sumitomo Bakelite has committed to near-term reduction targets, although it has not set a net-zero target as of now. The company is actively engaged in initiatives to lower its carbon footprint, particularly in the chemicals sector, and continues to monitor and report its emissions transparently. Overall, Sumitomo Bakelite's emissions data reflects a proactive stance towards climate commitments, with ongoing efforts to enhance sustainability and reduce environmental impact.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 90,643,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 145,869,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 |
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.
Sumitomo Bakelite is committed to some reduction initiatives 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.
