Kaneka Sustainability Profile
Kaneka Corporation, headquartered in Japan, is a leading player in the global chemical industry, renowned for its innovative solutions across various sectors. Founded in 1949, the company has established a strong presence in key operational regions, including Asia, Europe, and North America. Specialising in advanced materials, biotechnology, and pharmaceuticals, Kaneka is recognised for its unique products such as high-performance polymers and nutritional supplements. The company’s commitment to research and development has positioned it as a pioneer in sustainable technologies, contributing to its notable achievements in environmental stewardship. With a robust market position, Kaneka continues to drive growth through its diverse portfolio, making significant strides in enhancing quality of life and promoting sustainability worldwide.
DitchCarbon Score
How does Kaneka'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
Kaneka's score of 33 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kaneka's reported carbon emissions
In 2023, Kaneka Corporation reported total carbon emissions of approximately 1.5 billion kg CO2e, comprising 1.1 billion kg CO2e from Scope 1, 277 million kg CO2e from Scope 2, and 3.0 billion kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. Kaneka has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 30% by 2030, relative to 2013 levels. Additionally, the company plans to accelerate its coal phase-out by three years, targeting completion by 2027, which is expected to contribute significantly to its emissions reduction goals. Furthermore, Kaneka aims for carbon neutrality across its domestic and international subsidiaries by 2050. These initiatives underscore Kaneka's commitment to addressing climate change and reducing its carbon footprint, aligning with global sustainability efforts.
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| 2013 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,545,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 474,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Kaneka's Industry?
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Kaneka'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.
Kaneka 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.
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