Mitsubishi Chemical
Mitsubishi Chemical Corporation, a leading player in the chemical industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and the Americas. Founded in 1933, the company has evolved significantly, marking key milestones in innovation and sustainability. Mitsubishi Chemical focuses on a diverse range of business areas, including performance materials, industrial chemicals, and healthcare solutions. Its core products, such as advanced polymers and specialty chemicals, are distinguished by their high quality and innovative applications. With a strong market position, Mitsubishi Chemical is recognised for its commitment to sustainable development and technological advancement, making it a trusted partner in various industries. The company continues to drive progress, contributing to a more sustainable future while meeting the evolving needs of its global clientele.
DitchCarbon Score
How does Mitsubishi 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
Mitsubishi Chemical's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsubishi Chemical's reported carbon emissions
In 2023, Mitsubishi Chemical reported total carbon emissions of approximately 61,072,000,000 kg CO2e. This figure includes Scope 1 emissions of about 6,727,000,000 kg CO2e, Scope 2 emissions of around 7,299,000,000 kg CO2e, and significant Scope 3 emissions totalling approximately 47,046,000,000 kg CO2e. The company has set ambitious targets to reduce greenhouse gas (GHG) emissions, aiming for a 29% reduction in Scope 1 and Scope 2 emissions by fiscal 2030 compared to fiscal 2019 levels. Additionally, Mitsubishi Chemical is committed to achieving carbon neutrality across all scopes by 2050, as part of its long-term climate strategy. In 2022, the total emissions were approximately 63,345,000,000 kg CO2e, with Scope 1 at about 6,685,000,000 kg CO2e, Scope 2 at around 7,685,000,000 kg CO2e, and Scope 3 emissions at approximately 44,900,000,000 kg CO2e. This indicates a slight decrease in total emissions from 2022 to 2023. Mitsubishi Chemical's climate commitments are supported by its parent company, Mitsubishi Chemical Group Corporation, which provides overarching guidance on sustainability initiatives. The company is actively working towards its reduction targets and has outlined a roadmap to achieve these goals, demonstrating a proactive approach to addressing climate change.
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| 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,991,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 7,665,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 40,400,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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.
Mitsubishi 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.
