Chugoku Marine Paints, Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
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
Chugoku Marine Paints, Ltd.'s score of 15 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chugoku Marine Paints, Ltd.'s reported carbon emissions
In 2022, Chugoku Marine Paints, Ltd. reported total carbon emissions of approximately 1,443,565,000 kg CO2e globally, with emissions distributed across various scopes: 14,293,000 kg CO2e (Scope 1), 182,679,000 kg CO2e (Scope 2), and 1,443,565,000 kg CO2e (Scope 3). In Japan, the company recorded total emissions of about 15,911,000 kg CO2e, comprising 7,694,000 kg CO2e (Scope 1) and 8,217,000 kg CO2e (Scope 2). In 2021, global emissions were slightly lower at approximately 1,311,119,000 kg CO2e, with Scope 1 emissions at 16,721,000 kg CO2e and Scope 2 at 189,070,000 kg CO2e. The Japanese operations reported total emissions of about 15,423,000 kg CO2e for the same year, with Scope 1 at 7,177,000 kg CO2e and Scope 2 at 8,246,000 kg CO2e. Chugoku Marine Paints, Ltd. has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to inherit emissions data from a parent organisation, and all reported figures are directly sourced from Chugoku Marine Paints, Ltd. itself. The absence of significant reduction targets suggests a need for further commitment to climate action within the industry context.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 15,271,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 213,468,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Chugoku Marine Paints, Ltd.'s Industry?
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Chugoku Marine Paints, Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chugoku Marine Paints, Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
