Mitsu Chem Plast Sustainability Profile
Mitsu Chem Plast, a prominent player in the plastics industry, is headquartered in India and operates extensively across various regions. Founded in 1985, the company has established itself as a leader in manufacturing high-quality plastic products, particularly in the automotive, consumer goods, and industrial sectors. Mitsu Chem Plast is renowned for its innovative approach to producing a diverse range of plastic components, including injection-moulded parts and custom solutions tailored to client specifications. Their commitment to quality and sustainability sets them apart in a competitive market. With a strong market position, Mitsu Chem Plast has achieved significant milestones, including certifications that underscore their dedication to excellence. The company continues to expand its footprint, leveraging advanced technology to meet the evolving needs of its customers.
DitchCarbon Score
How does Mitsu Chem Plast'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
Mitsu Chem Plast's score of 1 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsu Chem Plast's reported carbon emissions
In 2023, Mitsu Chem Plast reported total carbon emissions of approximately 13,059,400 kg CO2e, comprising 417,900 kg CO2e from Scope 1 and 13,415,510 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a reported Scope 1 and 2 emission intensity of about 0.371 kg CO2e per rupee of turnover. For 2022, the emissions were slightly higher, with Scope 1 emissions at 435,590 kg CO2e and Scope 2 emissions at 11,978,470 kg CO2e, indicating a potential downward trend in emissions intensity. However, there are currently no specific reduction targets or climate pledges disclosed by Mitsu Chem Plast, nor do they inherit emissions data from a parent company. Overall, while Mitsu Chem Plast has made strides in tracking and reporting its emissions, further commitments and targets would enhance its climate strategy and align with industry standards for sustainability.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 435,590 | 000,000 |
| Scope 2 | 11,978,470 | 00,000,000 |
| Scope 3 | - | - |
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Mitsu Chem Plast'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.
Mitsu Chem Plast 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.
