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Idemitsu Kosan Co., Ltd., commonly known as Idemitsu, is a leading player in the petroleum coke industry, headquartered in Japan. Founded in 1911, the company has established a strong presence in various regions, including Asia, North America, and Europe, focusing on the production and supply of high-quality petroleum coke.
Idemitsu's core offerings include calcined petroleum coke and green petroleum coke, which are essential for industries such as aluminium, steel, and energy. The company is renowned for its commitment to innovation and sustainability, setting it apart in a competitive market. With a rich history and a reputation for excellence, Idemitsu continues to solidify its position as a trusted supplier, contributing significantly to the global energy landscape.
+13 vs industry average
Idemitsu Kosan Global’s score of 36 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petroleum Coke is among the most carbon-intensive industries
The Petroleum Coke industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Idemitsu Kosan Global Climate Commitments & Emissions Overview (JP, Petroleum Coke)
Idemitsu Kosan Global, headquartered in Japan and operating in the Petroleum Coke industry, is committed to achieving carbon neutrality (net-zero CO2 emissions) across its own operations (Scope 1 and 2) by 2050. The company also aims to reduce CO2 emissions throughout its entire value chain.
As of 2024, Idemitsu Kosan Global reported total Scope 1 and 2 emissions of approximately 1.3553 x 10^10 kg CO2e. This includes Scope 1 emissions of approximately 1.09 x 10^9 kg CO2e and Scope 2 emissions of approximately 1.17 x 10^9 kg CO2e. For the same year, Scope 3 emissions were approximately 1.14 x 10^10 kg CO2e, with "use of sold products" being a significant contributor at approximately 1.01507 x 10^11 kg CO2e.
Looking back, in 2023, the company's total Scope 1 and 2 emissions were approximately 1.4256 x 10^10 kg CO2e. In 2022, reported Scope 1 and 2 emissions were approximately 1.587 x 10^10 kg CO2e.
Idemitsu Kosan Global has established a near-term absolute reduction target for its Scope 1 and 2 emissions, aiming for a 46% reduction by 2030 compared to a 2013 baseline. The company has also set a long-term goal for carbon neutrality in its own operations by 2050.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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