Kaneka

Kaneka, a Japanese Chemicals nec company, reported its 2023 carbon emissions as approximately 5.08 billion kg CO2e. This includes Scope 1 emissions of about 851 million kg CO2e, Scope 2 emissions of around 663 million kg CO2e, and Scope 3 emissions totalling approximately 3.57 billion kg CO2e. Key categories within Scope 3 were purchased goods and services (approximately 1.82 billion kg CO2e), end-of-life treatment of sold products (about 924.2 million kg CO2e), and fuel and energy related activities (around 262.9 million kg CO2e).

Looking back, Kaneka's Scope 1 and 2 emissions in 2022 were approximately 1.36 billion kg CO2e (791 million kg CO2e for Scope 1 and 573 million kg CO2e for Scope 2). In 2021, these stood at about 1.55 billion kg CO2e (912 million kg CO2e for Scope 1 and 636 million kg CO2e for Scope 2). For 2013, the company reported Scope 1 emissions of approximately 1.11 billion kg CO2e, Scope 2 emissions of around 155 million kg CO2e, and Scope 3 emissions of about 214 million kg CO2e.

Kaneka is committed to reducing its environmental impact with several targets:

• The company aims to cut its Scope 1 and 2 GHG emissions by 30% by 2030, compared to its fiscal 2013 levels.
• Kaneka has accelerated its coal phase-out target by three years, now aiming to eliminate coal by 2027, which will contribute to Scope 1 emissions reduction.
• In the long term, Kaneka plans to achieve carbon neutrality across its domestic and international subsidiaries by 2050.