Sumitomo Chemical
Sumitomo Chemical Co., Ltd., a prominent player in the global chemical industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and the Americas. Founded in 1913, the company has established itself as a leader in various sectors, including agrochemicals, petrochemicals, and advanced materials. With a diverse portfolio that includes crop protection products, specialty chemicals, and electronic materials, Sumitomo Chemical is renowned for its commitment to innovation and sustainability. The company’s unique approach to product development and its focus on environmental stewardship have positioned it as a trusted partner in the industry. Notable achievements include significant advancements in agricultural technology and a strong market presence, making Sumitomo Chemical a key contributor to the global chemical landscape.
DitchCarbon Score
How does Sumitomo Chemical'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 Chemicals 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 Chemical's score of 48 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Chemical's reported carbon emissions
In 2023, Sumitomo Chemical, headquartered in Japan, reported significant carbon emissions, totalling approximately 4,000,000,000 kg CO2e for Scope 1 and about 124,000,000 kg CO2e for Scope 2, resulting in a combined total of around 4,119,000,000 kg CO2e for both scopes. This data reflects their ongoing commitment to transparency in emissions reporting. The company has set ambitious targets to reduce greenhouse gas emissions, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030, compared to 2013 levels. Additionally, they are committed to achieving net-zero emissions across all scopes by 2050. These targets are part of their long-term strategy to address climate change and align with global sustainability goals. In terms of global emissions, Sumitomo Chemical reported approximately 4,262,000,000 kg CO2e for Scope 1 and about 767,000,000 kg CO2e for Scope 2, with Scope 3 emissions also accounted for, including significant contributions from purchased goods and services. The company’s reduction initiatives are supported by commitments from the Science Based Targets initiative (SBTi), which include a 36% reduction in absolute Scope 1 and 2 emissions by FY2030/31 from a FY2020/21 baseline, and a 14% reduction in Scope 3 emissions within the same timeframe. These targets are designed to ensure that their operations remain consistent with the goal of limiting global warming to well below 2°C. Overall, Sumitomo Chemical's climate commitments reflect a proactive approach to sustainability, with a clear roadmap for reducing emissions and contributing to a more sustainable future.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | - | - | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Sumitomo Chemical is participating in some 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.
