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Chemicals
JP
updated 2 months ago

Hodogaya Chemical Sustainability Profile

Company website

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.

14

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.

23

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.

29%

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Hodogaya Chemical's reported carbon emissions

In 2023, Hodogaya Chemical reported total carbon emissions of approximately 805.0 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 carbon output, with 2021 emissions at approximately 49,200,000 kg CO2e and 2020 emissions at about 48,030,000 kg CO2e. However, there are currently no specific reduction targets or climate pledges outlined in their commitments. The company does not appear to inherit emissions data from any parent organisation, and all reported figures are sourced directly from Hodogaya Chemical Co., Ltd. As of now, there are no initiatives such as SBTi targets or other climate commitments documented.

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2020202120222023
Scope 1
24,729,000
-
-
-
Scope 2
23,301,000
-
-
-
Scope 3
-
-
-
-

How Carbon Intensive is Hodogaya Chemical's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hodogaya Chemical's primary industry is Chemicals, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hodogaya Chemical's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hodogaya Chemical is in JP, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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