Public Profile

Kuraray

Kuraray Co., Ltd., a leading global manufacturer headquartered in Japan, has established itself as a key player in the chemical industry since its founding in 1926. With a strong presence in Asia, Europe, and the Americas, Kuraray focuses on innovative solutions across various sectors, including healthcare, automotive, and textiles. The company is renowned for its advanced materials, such as PVA (polyvinyl alcohol) and ethylene-vinyl alcohol copolymer (EVOH), which are integral to numerous applications due to their unique properties. Kuraray's commitment to sustainability and innovation has positioned it as a market leader, achieving significant milestones in product development and environmental stewardship. With a robust portfolio of core products and a dedication to quality, Kuraray continues to drive progress in the global marketplace.

DitchCarbon Score

How does Kuraray'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.

25

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.

26

Industry Benchmark

Kuraray's score of 25 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Kuraray's reported carbon emissions

In 2023, Kuraray reported total carbon emissions of approximately 1,144,000,000 kg CO2e for Scope 1, 1,555,000,000 kg CO2e for Scope 2, and 3,230,000,000 kg CO2e for Scope 3, resulting in a combined total of about 6,929,000,000 kg CO2e globally. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% compared to 2019 levels by 2030, with a long-term goal of achieving net zero carbon emissions by 2050. To support these initiatives, Kuraray plans to invest approximately 80 billion Japanese Yen in GHG emission reduction efforts by 2030. In Japan, emissions data for 2023 is not disclosed, but in 2022, Kuraray reported Scope 3 emissions of about 1,002,000,000 kg CO2e. The company has previously aimed for a 10% reduction in emissions based on fiscal 1990 levels by 2010, demonstrating a long-standing commitment to environmental sustainability. Kuraray's climate strategy reflects its dedication to addressing climate change within the chemicals sector, aligning with industry standards for emissions reduction and sustainability.

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201920222023
Scope 1
1,310,000,000
-
0,000,000,000
Scope 2
1,921,000,000
-
0,000,000,000
Scope 3
-
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kuraray's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kuraray is in JP, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Kuraray is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers