Kaneka

Kaneka's Carbon Emissions & Climate Commitments

As a Japanese chemicals manufacturer, Kaneka reported total Scope 1, 2, and 3 greenhouse gas emissions of approximately 5.08 billion kg CO2e in 2023. This figure includes 851 million kg CO2e from Scope 1 (direct emissions), 663 million kg CO2e from Scope 2 (indirect emissions from purchased energy), and 3.57 billion kg CO2e from Scope 3 (value chain emissions). Key contributors to their 2023 Scope 3 emissions were purchased goods and services (approximately 1.82 billion kg CO2e) and end-of-life treatment of sold products (about 924.2 million kg CO2e).

Looking back, Kaneka's Scope 1 and 2 emissions in 2022 were approximately 1.36 billion kg CO2e, comprising 791 million kg CO2e from Scope 1 and 573 million kg CO2e from Scope 2. In 2021, these figures stood at around 1.55 billion kg CO2e (912 million kg CO2e Scope 1, 636 million kg CO2e Scope 2).

Kaneka is committed to reducing its environmental impact. The company aims to cut its Scope 1 and 2 GHG emissions by 30% by 2030, using fiscal year 2013 as a baseline. Furthermore, Kaneka has accelerated its coal phase-out, targeting completion by 2027 (three years earlier than initially planned), particularly at its Takasago Manufacturing Site through the installation of a new gas turbine cogeneration system. Long-term, Kaneka aims to achieve carbon neutrality across its domestic and international subsidiaries by 2050.