Kaneka Corporation, a prominent player in the chemicals nec industry, is headquartered in Japan and operates extensively across Asia, Europe, and North America. Founded in 1949, the company has established itself as a leader in innovative chemical solutions, focusing on areas such as advanced materials, pharmaceuticals, and biotechnology.
With a diverse portfolio that includes high-performance polymers, specialty chemicals, and nutritional products, Kaneka is renowned for its commitment to quality and sustainability. The company’s unique offerings, such as biodegradable plastics and cutting-edge pharmaceutical ingredients, set it apart in a competitive market.
Kaneka's dedication to research and development has led to significant achievements, positioning it as a trusted partner in various industries. As it continues to expand its global footprint, Kaneka remains at the forefront of chemical innovation, driving progress and sustainability in the sector.
+3 vs industry average
Kaneka’s score of 32 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Kaneka's reported carbon emissions
Kaneka Corporation, a Japanese chemical company, reported a total of approximately 5.82 billion kg CO2e in 2023. This comprised approximately 851 million kg CO2e in Scope 1 emissions and approximately 663 million kg CO2e in Scope 2 emissions. Their Scope 3 emissions for the same year amounted to approximately 3.57 billion kg CO2e, with purchased goods and services and the end-of-life treatment of sold products being the most significant contributors. Looking at prior years, Kaneka's total reported emissions were approximately 1.36 billion kg CO2e in 2022 (Scope 1 and 2) and approximately 1.55 billion kg CO2e in 2021 (Scope 1 and 2). In 2018, their Scope 1 and 2 emissions totalled approximately 1.11 billion kg CO2e, with an additional approximately 2.08 billion kg CO2e reported for Scope 3. In 2013, Kaneka reported approximately 1.27 billion kg CO2e for Scope 1 and 2, and approximately 214 million kg CO2e for Scope 3. Kaneka has established several climate commitments. The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 30% by 2030, referencing fiscal year 2013 levels. Furthermore, Kaneka is accelerating its coal phase-out, with the Takasago Manufacturing Site aiming to transition away from coal and reduce GHG emissions by 2027. Looking towards a more ambitious future, Kaneka aspires to achieve carbon neutrality for its domestic and international subsidiaries by 2050.
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Kaneka’s Climate Goals (2030 & 2050)
3 goals2027
30% reduction in Scope 1
We have decided to accelerate our coal phase-out by three years, moving the target from 2030 to 2027. The Takasago Manufacturing Site is pro…
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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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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