Chugoku Marine Paints, Ltd.
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 16 is lower than 76% 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 2021, Chugoku Marine Paints, Ltd. reported total carbon emissions of approximately 130,237,000 kg CO2e for Scope 1, 5,912,000 kg CO2e for Scope 2, and 139,197,000 kg CO2e for Scope 3 emissions. This reflects a significant contribution to their overall carbon footprint, with Scope 3 emissions primarily arising from purchased goods and services, which accounted for about 204,429,000 kg CO2e. Comparatively, in 2020, the company recorded emissions of approximately 154,063,000 kg CO2e for Scope 1, 6,598,000 kg CO2e for Scope 2, and 163,896,000 kg CO2e for Scope 3. This indicates a downward trend in Scope 1 emissions, while Scope 3 emissions also saw a reduction. Chugoku Marine Paints has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its climate impact. The data suggests a focus on reducing emissions, particularly in Scope 1 and 3, as part of their broader environmental strategy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 4,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 8,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 250,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
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.
