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 14 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chugoku Marine Paints, Ltd.'s reported carbon emissions
In 2021, Chugoku Marine Paints, Ltd. reported total carbon emissions of approximately 139,197,000 kg CO2e, comprising 130,237,000 kg CO2e from Scope 1, 5,912,000 kg CO2e from Scope 2, and the remainder from Scope 3 emissions. Over the years, the company has shown a trend of reducing its emissions, with significant decreases from 2015, when total emissions were about 250,000,000 kg CO2e, to 2021. The company has not publicly committed to specific reduction targets or initiatives, nor does it appear to have set Science Based Targets Initiative (SBTi) reduction targets. However, it continues to disclose its emissions across all three scopes, indicating a level of transparency in its climate impact reporting. Chugoku Marine Paints operates within the marine coatings industry, which is increasingly focusing on sustainability and reducing greenhouse gas emissions. The company's ongoing efforts to monitor and report emissions reflect a commitment to addressing climate change, even in the absence of formal reduction pledges.
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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 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.
