Kuraray Sustainability Profile
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.
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
Kuraray's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kuraray's reported carbon emissions
In 2024, Kuraray reported total carbon emissions of approximately 5,868,000,000 kg CO2e, comprising about 2,868,000,000 kg CO2e from Scope 1 and 2 emissions and about 3,062,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are entirely attributed to purchased goods and services. In 2023, the company recorded approximately 2,700,000,000 kg CO2e in Scope 1 and 2 emissions, indicating a slight increase from the previous year’s total of about 2,896,000,000 kg CO2e. Kuraray has set ambitious climate commitments, aiming for a 30% reduction in greenhouse gas emissions by 2030 compared to 2019 levels, with a long-term goal of achieving net-zero carbon emissions by 2050. To support these targets, the company plans to invest approximately 80 billion Japanese Yen in GHG emission reduction initiatives by 2030. Additionally, Kuraray has committed to improving its GHG emission intensity index by at least 1% annually. The company is actively engaged in climate initiatives, having committed to near-term targets under the Science Based Targets initiative (SBTi). These commitments reflect Kuraray's dedication to addressing climate change and reducing its carbon footprint in the chemicals sector.
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| 2017 | 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,128,000,000 | - | - | - | - | - |
| Scope 2 | 175,000,000 | - | - | - | - | - |
| Scope 3 | 791,000,000 | 000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 |
How Carbon Intensive is Kuraray's Industry?
How Carbon Intensive is Kuraray's Location?
Kuraray's Scope 3 Categories Breakdown
Kuraray's Scope 3 emissions, which decreased by 23% last year and increased by approximately 287% since 2017, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 38% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Kuraray'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.
Kuraray has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Kuraray's sustainability data and climate commitments