Public Profile

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.

13

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.

2

Industry Benchmark

Chugoku Marine Paints, Ltd.'s score of 13 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Chugoku Marine Paints, Ltd.'s reported carbon emissions

Chugoku Marine Paints, Ltd., headquartered in Japan, has reported significant carbon emissions over recent years. In 2021, the company emitted approximately 130,237,000 kg CO2e from Scope 1 emissions, 5,912,000 kg CO2e from Scope 2, and 139,197,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint. The company has shown a trend of decreasing emissions in Scope 1 and Scope 2 over the years, with Scope 1 emissions dropping from about 183,076,000 kg CO2e in 2019 to 130,237,000 kg CO2e in 2021. Similarly, Scope 2 emissions decreased from approximately 7,144,000 kg CO2e in 2019 to 5,912,000 kg CO2e in 2021. However, Scope 3 emissions remain substantial, indicating a need for further action in this area. Despite these reductions, Chugoku Marine Paints has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon neutrality, suggesting that further commitments may be necessary to align with global climate goals.

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2015201620172018201920202021
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chugoku Marine Paints, Ltd.'s primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Chugoku Marine Paints, Ltd. is headquartered in JP, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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