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Chugoku Marine Paints, Ltd., a prominent player in the chemicals nec industry, is headquartered in Japan and operates extensively across Asia and beyond. Founded in 1917, the company has established itself as a leader in marine coatings, providing innovative solutions that enhance the durability and performance of vessels.
Chugoku Marine Paints is renowned for its high-quality anti-fouling and protective coatings, which are designed to withstand harsh marine environments. Their commitment to research and development has led to significant advancements in eco-friendly products, setting them apart in a competitive market.
With a strong market position, Chugoku Marine Paints has achieved notable milestones, including numerous awards for sustainability and innovation. Their dedication to excellence continues to drive their reputation as a trusted partner in the marine industry.
31
DitchCarbon score
-1 vs industry average
Chugoku Marine Paints, Ltd.’s score of 31 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Chugoku Marine Paints, Ltd.'s reported carbon emissions
Chugoku Marine Paints, Ltd., headquartered in Japan and operating in the Chemicals nec industry, reported total carbon emissions of approximately 576.0 million kg CO2e in 2024. This includes 11.4 million kg CO2e from Scope 1, 1.2 million kg CO2e from Scope 2, and 568.7 million kg CO2e from Scope 3 emissions.
In 2023, their total emissions were approximately 584.0 million kg CO2e, comprising 11.7 million kg CO2e from Scope 1, 1.1 million kg CO2e from Scope 2, and 572.8 million kg CO2e from Scope 3. Looking back to 2022, total emissions stood at approximately 594.5 million kg CO2e, with Scope 1 at 13.4 million kg CO2e, Scope 2 at 4.2 million kg CO2e, and Scope 3 at 576.8 million kg CO2e.
Chugoku Marine Paints, Ltd. has set near-term targets to reduce its greenhouse gas (Scope 1 & 2) emissions by 43.9% by fiscal year 2030, using a fiscal year 2020 baseline. The company also aims to achieve carbon neutrality for Scope 1 and Scope 2 emissions by fiscal year 2050. All reported emissions data and reduction initiatives are directly from Chugoku Marine Paints, Ltd.
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Chugoku Marine Paints, Ltd.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Chugoku Marine Paints, Ltd.1 month ago
31
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