Chugoku Marine Paints, Ltd., a leading name in the marine coatings industry, is headquartered in Japan and operates extensively across Asia, Europe, and the Americas. Founded in 1917, the company has established a strong reputation for its innovative solutions in protective coatings, particularly for the marine and industrial sectors. Chugoku Marine Paints is renowned for its high-performance products, including antifouling paints and protective coatings, which are designed to enhance vessel longevity and operational efficiency. The company’s commitment to sustainability and advanced technology sets it apart in a competitive market. With a robust market position, Chugoku Marine Paints has achieved numerous accolades for its quality and service, solidifying its status as a trusted partner for shipbuilders and operators worldwide.
How does Chugoku Marine Paints, Ltd.'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.
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.
Chugoku Marine Paints, Ltd.'s score of 16 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Chugoku Marine Paints, Ltd. reported an intensity of greenhouse gas (GHG) emissions of approximately 72,000 kg CO2e per total floor area from sources other than production. This figure reflects the company's ongoing efforts to monitor and manage its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The company has shown a gradual improvement in its emissions intensity over the years, with reported figures of about 68,000 kg CO2e in 2020 and approximately 60,000 kg CO2e in 2019. This trend indicates a commitment to reducing emissions intensity, although no formal reduction targets or climate pledges have been established or disclosed. Chugoku Marine Paints, Ltd. does not inherit emissions data from a parent company, and all reported figures are sourced directly from the company itself. The absence of specific reduction initiatives or targets suggests that while the company is tracking emissions intensity, it may not yet have formalised a comprehensive climate strategy.
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.
Chugoku Marine Paints, Ltd. is not participating in any 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.