Dic Sustainability Profile
Dic Corporation, commonly referred to as Dic, is a leading global player in the chemical industry, headquartered in Japan. Established in 1908, Dic has evolved into a prominent manufacturer of printing inks, coatings, and advanced materials, serving diverse sectors such as packaging, automotive, and electronics. With a strong presence in Asia, Europe, and the Americas, Dic is renowned for its innovative solutions that enhance product performance and sustainability. The company’s core offerings include high-quality inks and resins, distinguished by their exceptional durability and environmental compliance. Over the years, Dic has achieved significant milestones, solidifying its market position as a trusted partner for businesses worldwide. Its commitment to research and development continues to drive advancements, ensuring Dic remains at the forefront of the chemical industry.
DitchCarbon Score
How does Dic'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
Dic's score of 15 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dic's reported carbon emissions
In 2023, DIC Corporation reported significant carbon emissions from its operations in Japan, totalling approximately 112,591,000 kg CO2e for Scope 1 and about 23,821,000 kg CO2e for Scope 2, resulting in a combined total of around 136,412,000 kg CO2e for these two scopes. This reflects a decrease from 2022, where emissions were approximately 128,458,000 kg CO2e for Scope 1 and 79,773,000 kg CO2e for Scope 2, leading to a total of about 208,231,000 kg CO2e. Globally, DIC's emissions for 2023 were reported at approximately 278,059,000 kg CO2e for Scope 1 and 256,830,000 kg CO2e for Scope 2, with a total of around 534,889,000 kg CO2e for these scopes. The company also disclosed Scope 3 emissions, which included significant contributions from purchased goods and services, amounting to approximately 4,658,043,000 kg CO2e. DIC Corporation has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 27.5% by 2030 from a 2019 baseline. Additionally, the company targets a 13.5% reduction in Scope 3 emissions within the same timeframe. Furthermore, DIC aims for 80% of its suppliers by spend to have science-based targets by 2027. The company is on track to meet its near-term targets, which are classified as consistent with keeping global warming well below 2°C. DIC's commitment to reducing emissions aligns with its broader sustainability goals, reflecting a proactive approach to addressing climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 270,647,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 322,446,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Dic's Industry?
How Carbon Intensive is Dic's Location?
Dic's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Dic'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.
Dic has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
