Mitsubishi Materials
Mitsubishi Materials Corporation, a prominent player in the materials industry, is headquartered in Tokyo, Japan. Founded in 1950, the company has established itself as a leader in various sectors, including metalworking, cement, and advanced materials. With a strong presence in Asia, Europe, and North America, Mitsubishi Materials is renowned for its innovative products, such as cutting tools and cemented carbide materials, which are distinguished by their superior performance and durability. The company has achieved significant milestones, including advancements in sustainable manufacturing practices and a commitment to quality that has earned it a solid market position. Mitsubishi Materials continues to push the boundaries of technology, making it a trusted partner for industries ranging from automotive to aerospace. With a focus on research and development, the company remains at the forefront of material science, driving progress and efficiency in manufacturing processes worldwide.
DitchCarbon Score
How does Mitsubishi Materials'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 Cement Production 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 Materials's score of 37 is higher than 66% 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 Materials's reported carbon emissions
In 2024, Mitsubishi Materials reported significant carbon emissions, totalling approximately 10,734,000,000 kg CO2e across all scopes. This includes 962,000,000 kg CO2e from Scope 1, 709,000,000 kg CO2e from Scope 2, and a substantial 10,340,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (3,323,000,000 kg CO2e) and investments (5,465,000,000 kg CO2e). Mitsubishi Materials has set ambitious climate commitments, aiming to achieve net zero emissions by 2030. Specifically, they plan to reduce Scope 1 and 2 emissions to near zero by 2025 and have committed to a 30% reduction in Scope 2 emissions from 2020 levels by 2030. Additionally, they aim for a 42% reduction in absolute Scope 1 and 2 emissions by FY2031 from a FY2021 baseline, alongside a 13% reduction in Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change within the mining and metals sector. Mitsubishi Materials's proactive approach underscores its dedication to sustainability and reducing its carbon footprint in the coming years.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,015,000,000 | - | - | - | - | 000,000,000 |
| Scope 2 | 525,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 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 Materials 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.
