Hodogaya Chemical Sustainability Profile
Hodogaya Chemical Co., Ltd., commonly referred to as Hodogaya, is a prominent player in the chemical industry, headquartered in Yokohama, Japan. Established in 1941, the company has built a strong reputation for its innovative solutions in the fields of fine chemicals, pigments, and specialty materials, serving diverse sectors such as electronics, automotive, and pharmaceuticals. With a commitment to quality and sustainability, Hodogaya Chemical offers a range of unique products, including high-performance pigments and advanced chemical intermediates. The company has achieved significant milestones, including expanding its operational footprint across Asia and Europe, solidifying its position as a trusted supplier in the global market. Renowned for its dedication to research and development, Hodogaya continues to lead in innovation, making it a key player in the chemical landscape.
DitchCarbon Score
How does Hodogaya Chemical'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
Hodogaya Chemical's score of 14 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hodogaya Chemical's reported carbon emissions
In 2023, Hodogaya Chemical reported total carbon emissions of approximately 805 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This figure represents a significant reduction from 2022, where emissions were recorded at about 45,700,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Hodogaya Chemical's emissions data indicates a trend of decreasing emissions over the years, with 2021 emissions at approximately 49,200,000 kg CO2e and 2020 emissions at about 48,030,000 kg CO2e. The company has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from a parent organisation. Overall, while Hodogaya Chemical has made strides in reducing its carbon footprint, further commitments and transparency regarding future climate initiatives would enhance its sustainability profile.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 24,729,000 | - | - | - |
| Scope 2 | 23,301,000 | - | - | - |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Hodogaya Chemical's Industry?
How Carbon Intensive is Hodogaya Chemical's Location?
Hodogaya Chemical'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.
Hodogaya Chemical 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.
