Hodogaya Chemical
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 17 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hodogaya Chemical's reported carbon emissions
In 2022, Hodogaya Chemical reported total carbon emissions of approximately 45,700,000 kg CO2e, comprising about 25,064,000 kg CO2e from Scope 1 and about 20,658,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2021, where total emissions were about 49,200,000 kg CO2e, indicating a commitment to lowering their carbon footprint. Over the years, Hodogaya Chemical has shown a trend of decreasing emissions, with 2017 emissions recorded at approximately 51,553,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Overall, while Hodogaya Chemical has made strides in reducing its emissions, the absence of formal reduction targets highlights an opportunity for enhanced climate action and accountability in their sustainability strategy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 25,554,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 25,999,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Hodogaya Chemical 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.
