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OrganisationsMitsubishi Chemical
Mitsubishi Chemical logo

Mitsubishi Chemical

All Other Basic Organic Chemical ManufacturingJapanJPX: 4188.T
Last verified 9 months agomccml.co.jp

Mitsubishi Chemical Corporation, commonly referred to as Mitsubishi Chemical, is a leading player in the all other basic organic chemical manufacturing industry. Headquartered in Japan, the company operates extensively across Asia, North America, and Europe, 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 over the years.

The company specialises in the production of advanced organic chemicals, including performance materials, functional chemicals, and specialty products that cater to various industrial applications. Mitsubishi Chemical’s innovative approach and commitment to sustainability have earned it a notable position within the global chemical industry. Its core offerings are recognised for their quality and technological sophistication, underpinning its reputation as a key industry player.

42
DitchCarbon score

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Industry Intensity

Very High

All Other Basic Organic Chemical Manufacturing is among the most carbon-intensive industries

Industry performance

1.077
20192025

The All Other Basic Organic Chemical Manufacturing industry has reduced its overall emissions by 13% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B00B0

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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, headquartered in Japan and operating within the "All Other Basic Organic Chemical Manufacturing" industry, reported a total of approximately 53.8 billion kg CO2e in Scope 1, 2, and 3 emissions for 2024. This figure comprises approximately 6.3 billion kg CO2e for Scope 1, around 6.5 billion kg CO2e for Scope 2, and approximately 41 billion kg CO2e for Scope 3.

For 2023, the company's total emissions were approximately 60.8 billion kg CO2e, with Scope 1 emissions at about 6.5 billion kg CO2e, Scope 2 at approximately 7.3 billion kg CO2e, and Scope 3 at around 47 billion kg CO2e. In 2022, total emissions stood at approximately 63.3 billion kg CO2e, including about 6.7 billion kg CO2e for Scope 1, 7.7 billion kg CO2e for Scope 2, and 49 billion kg CO2e for Scope 3.

Mitsubishi Chemical has set ambitious climate targets. The company aims for a 29% reduction in GHG emissions by fiscal year 2030, using fiscal year 2019 as the baseline. This target applies to both Scope 1 and Scope 2 emissions. Looking further ahead, Mitsubishi Chemical is committed to achieving carbon neutrality by 2050, aligning with a roadmap for this long-term goal across all scopes of emissions. The company's emissions data is not cascaded from a parent organisation.

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Mitsubishi Chemical’s Climate Goals (2030 & 2050)

3 goals

2050

We plan to reduce GHG emissions in line with the roadmap to…

We plan to reduce GHG emissions in line with the roadmap to achieve carbon neutrality by 2050.

Behind target0%

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%

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Scope 3 top emissions categories

10 of 15 categories disclosed
Purchased Goods & Services41%
Use of Sold Products28%
End-of-Life Treatment17%
Fuel & Energy Activities5%
Investments5%
Capital Goods2%
Waste Generated in Operations0%
Downstream Leased Assets0%
Purchased Goods & Services41%
Use of Sold Products28%
End-of-Life Treatment17%
Fuel & Energy Activities5%
Investments5%
Capital Goods2%
Waste Generated in Operations0%
Downstream Leased Assets0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Mitsubishi Chemical logoMitsubishi Chemical
JPAll Other Basic Organic Chemical Manufacturing
9 months ago
42
Bayer logoBayer
DEPharmaceutical Preparation Manufacturing
1 day ago
86
View
Dsm Firmenich logoDsm Firmenich
NLChemicals
2 hours ago
83
View
BASF SE logoBASF SE
DEChemicals
2 hours ago
79
View
Kemira Oyj logoKemira Oyj
FIChemicals
2 hours ago
75
View
Evonik logoEvonik
DEChemicals
3 days ago
72
View
AZ Electronic Materials S.à r.l. logoAZ Electronic Materials S.à r.l.
LUChemicals
1 month ago
72
View

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