Denka Sustainability Profile
Denka Company Limited, commonly referred to as Denka, is a prominent player in the chemical industry, headquartered in Japan (JP). Founded in 1915, Denka has established itself as a leader in the production of advanced materials and specialty chemicals, with significant operations across Asia, Europe, and North America. The company’s core offerings include high-performance elastomers, electronic materials, and construction materials, distinguished by their innovative properties and applications. Denka's commitment to sustainability and technological advancement has positioned it as a trusted partner in various sectors, including electronics, automotive, and infrastructure. With a rich history marked by key milestones, Denka continues to achieve notable recognition for its contributions to the chemical industry, reinforcing its market position as a forward-thinking enterprise dedicated to quality and innovation.
DitchCarbon Score
How does Denka'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
Denka's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Denka's reported carbon emissions
In 2023, Denka Company Limited reported total carbon emissions of approximately 2,860,000,000 kg CO2e. This figure includes 1,390,000,000 kg CO2e from Scope 1 emissions, 360,000,000 kg CO2e from Scope 2 emissions, and 1,415,079,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass various categories, with significant contributions from purchased goods and services (approximately 779,585,000 kg CO2e) and end-of-life treatment of sold products (about 328,816,000 kg CO2e). Comparatively, in 2022, Denka's total emissions were around 2,950,000,000 kg CO2e, with Scope 1 emissions at 1,560,000,000 kg CO2e and Scope 2 emissions at 480,000,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,591,774,000 kg CO2e, indicating a slight reduction in total emissions from 2022 to 2023. Denka has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from Denka Company Limited. Overall, Denka's commitment to addressing its carbon footprint is evident through its comprehensive emissions reporting, although further details on specific reduction strategies would enhance its climate action profile.
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| 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,980,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 490,000,000 | - | 000,000,000 | 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 Denka's Industry?
How Carbon Intensive is Denka's Location?
Denka's Scope 3 Categories Breakdown
Denka's Scope 3 emissions, which decreased by 11% last year and increased by approximately 8% since 2018, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 55% of Scope 3 emissions.
Top Scope 3 Categories
Denka'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.
Denka 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.
