Idemitsu Kosan
Idemitsu Kosan Co., Ltd., commonly known as Idemitsu, is a prominent Japanese company headquartered in Tokyo, Japan. Founded in 1911, Idemitsu has established itself as a key player in the energy and petrochemical industries, with significant operations across Asia, Europe, and North America. The company is renowned for its high-quality petroleum products, including lubricants, fuels, and petrochemical materials, which are distinguished by their innovative formulations and commitment to sustainability. With a strong market position, Idemitsu has achieved notable milestones, such as pioneering advancements in refining technology and expanding its renewable energy initiatives. The company’s dedication to research and development ensures that it remains at the forefront of the industry, providing unique solutions that meet the evolving needs of its global clientele.
DitchCarbon Score
How does Idemitsu Kosan'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 Insurance Services 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
Idemitsu Kosan's score of 29 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Idemitsu Kosan's reported carbon emissions
In 2023, Idemitsu Kosan reported total carbon emissions of approximately 13,427,000,000 kg CO2e, comprising 13,427,000,000 kg CO2e from Scope 1, 2,527,000,000 kg CO2e from Scope 2, and 13,080,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from the use of sold products, which accounted for about 123,241,000,000 kg CO2e. In 2022, the company recorded total emissions of around 13,635,600,000 kg CO2e, with Scope 1 emissions at 15,034,000,000 kg CO2e, Scope 2 at 2,162,000,000 kg CO2e, and Scope 3 emissions at 13,521,000,000 kg CO2e. This indicates a slight decrease in total emissions from 2022 to 2023. Over the years, Idemitsu Kosan has shown fluctuations in emissions, with total emissions in 2021 at approximately 12,117,800,000 kg CO2e and in 2020 at about 12,106,700,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Overall, while Idemitsu Kosan has made strides in tracking and reporting emissions, the absence of defined reduction targets suggests a need for more robust climate action strategies to align with global climate goals.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 117,471,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 944,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 107,954,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Idemitsu Kosan 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.
