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Chemicals
JP
updated 7 days ago

Mitsubishi Chemical

Company websiteClaim

Mitsubishi Chemical Corporation, a leading player in the chemical industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and the Americas. Founded in 1933, the company has evolved significantly, marking key milestones in innovation and sustainability. Mitsubishi Chemical focuses on a diverse range of business areas, including performance materials, industrial chemicals, and healthcare solutions. Its core products, such as advanced polymers and specialty chemicals, are distinguished by their high quality and innovative applications. With a strong market position, Mitsubishi Chemical is recognised for its commitment to sustainable development and technological advancement, making it a trusted partner in various industries. The company continues to drive progress, contributing to a more sustainable future while meeting the evolving needs of its global clientele.

DitchCarbon Score

How does Mitsubishi Chemical'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.

31

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.

22

Industry Benchmark

Mitsubishi Chemical's score of 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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Mitsubishi Chemical's reported carbon emissions

In 2020, Mitsubishi Chemical reported total greenhouse gas (GHG) emissions of approximately 77,860,000 kg CO2e for Scope 1, 7,540,000 kg CO2e for Scope 2, and 51,930,000 kg CO2e for Scope 3, amounting to a combined total of about 15,325,000 kg CO2e for Scope 1 and 2. This data reflects a slight decrease in emissions compared to 2019, where Scope 1 emissions were about 8,455,000 kg CO2e, Scope 2 emissions were approximately 8,174,000 kg CO2e, and Scope 3 emissions were around 51,820,000 kg CO2e. Mitsubishi Chemical has set ambitious climate commitments, aiming for a 29% reduction in GHG emissions by fiscal 2030 compared to fiscal 2019 levels for both Scope 1 and Scope 2 emissions. Additionally, the company plans to achieve carbon neutrality across all scopes by 2050, with a near-term target to halve emissions by FY2030, using FY2020 as the baseline. These commitments are part of Mitsubishi Chemical's broader strategy to address climate change and align with global sustainability goals. The emissions data and reduction targets are sourced directly from Mitsubishi Chemical Group Corporation, ensuring accuracy and relevance in their climate initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201720182019202020212022
Scope 1
7,470,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
7,345,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
49,640,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mitsubishi Chemical's primary industry is Chemicals nec, which is high 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 Mitsubishi Chemical is in JP, which has a very high 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.

Mitsubishi Chemical 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?

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