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Mitsubishi Chemical
Other Chemical and Allied Products Merchant WholesalersJapanJPX: 4188.T
Last verified 11 months agomcgc.com
Mitsubishi Chemical Corporation, commonly referred to as Mitsubishi Chemical, is a prominent player in the "Other Chemical and Allied Products Merchant Wholesalers" industry. Headquartered in Japan, the company operates extensively across Asia and beyond, serving a diverse range of industrial sectors. Founded in 2000 through the integration of Mitsubishi Chemical and Mitsubishi Pharma, it has established a strong market presence through its innovative chemical solutions.
The company specialises in the production and distribution of advanced chemical products, including performance materials, functional chemicals, and healthcare-related substances. Mitsubishi Chemical’s commitment to technological innovation and sustainability has earned it a notable position within the global chemical industry. Its core offerings are recognised for their quality and unique applications, supporting various manufacturing and research endeavours worldwide.
56
DitchCarbon score
+1 vs industry average
Mitsubishi Chemical’s score of 56 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
Low
Other Chemical and Allied Products Merchant Wholesalers has below-average carbon intensity
Industry performance
0.178
20182025
The Other Chemical and Allied Products Merchant Wholesalers industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Mitsubishi Chemical's reported carbon emissions
Mitsubishi Chemical reported total emissions of approximately 53.78 billion kg CO2e in 2024. This includes Scope 1 emissions of about 6.28 billion kg CO2e, Scope 2 emissions of approximately 6.54 billion kg CO2e, and Scope 3 emissions of roughly 40.96 billion kg CO2e.
Looking back, in 2023, the company's total emissions were approximately 60.84 billion kg CO2e. This comprised Scope 1 emissions of around 6.50 billion kg CO2e, Scope 2 emissions of about 7.30 billion kg CO2e, and Scope 3 emissions of approximately 47.05 billion kg CO2e. In 2022, total emissions stood at roughly 63.35 billion kg CO2e, with Scope 1 at about 6.69 billion kg CO2e, Scope 2 at approximately 7.69 billion kg CO2e, and Scope 3 at around 48.98 billion kg CO2e.
Mitsubishi Chemical (operating as The MCG Group) aims for a 29% reduction in Scope 1 and Scope 2 GHG emissions by fiscal year 2030, compared to fiscal year 2019 levels. The company also has a long-term ambition to achieve carbon neutrality by 2050, as outlined in its roadmap for GHG emission reduction.
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Mitsubishi Chemical’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Mitsubishi Chemical11 months ago
56
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