Chugoku Marine Paints, Ltd.

Chugoku Marine Paints, Ltd., a chemicals company based in Japan, has demonstrated a commitment to reducing its environmental impact, particularly concerning greenhouse gas (GHG) emissions.

For the fiscal year 2024, the company reported Scope 1 emissions of approximately 11,445,000 kg CO2e and Scope 2 emissions of approximately 1,240,000 kg CO2e. Scope 3 emissions were substantial, with purchased goods and services accounting for about 559,195,000 kg CO2e, employee commutes at approximately 6,108,000 kg CO2e, and business travel at approximately 2,545,000 kg CO2e. Waste generated in operations contributed approximately 925,000 kg CO2e.

In fiscal year 2023, the company's Scope 1 emissions were around 11,733,000 kg CO2e, and Scope 2 emissions were approximately 1,058,000 kg CO2e. Scope 3 emissions for this period included purchased goods and services at approximately 562,562,000 kg CO2e, employee commute at about 5,826,000 kg CO2e, business travel at approximately 3,672,000 kg CO2e, and waste generated in operations at around 774,000 kg CO2e.

Further back, in fiscal year 2022, Scope 1 emissions stood at approximately 13,428,000 kg CO2e and Scope 2 emissions were about 4,200,000 kg CO2e. Scope 3 emissions for that year included purchased goods and services at approximately 570,921,000 kg CO2e, business travel at roughly 3,160,000 kg CO2e, employee commute at approximately 2,163,000 kg CO2e, and waste generated in operations at about 600,000 kg CO2e.

Chugoku Marine Paints has established clear reduction targets. They aim to reduce their Scope 1 and 2 GHG emissions by 43.9% by fiscal year 2030, using fiscal year 2020 as the base year. Furthermore, the company has set a long-term goal of achieving carbon neutrality by fiscal year 2050. These initiatives underscore their commitment to climate action within the chemicals industry.