Mitsubishi Chemical Corporation Sustainability Profile
Mitsubishi Chemical Corporation, a leading entity 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. Specialising in a diverse range of sectors, Mitsubishi Chemical focuses on advanced materials, performance chemicals, and healthcare solutions. Its core products, including high-performance plastics and specialty chemicals, are distinguished by their quality and innovative applications, catering to various industries such as automotive, electronics, and pharmaceuticals. With a strong market position, Mitsubishi Chemical is recognised for its commitment to sustainability and technological advancement, consistently striving to meet the evolving needs of its global clientele. The company’s dedication to research and development has solidified its reputation as a pioneer in the chemical sector.
DitchCarbon Score
How does Mitsubishi Chemical Corporation'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
Mitsubishi Chemical Corporation's score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsubishi Chemical Corporation, headquartered in Japan (JP), currently does not provide specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Mitsubishi Chemical Group Corporation, which may influence its climate commitments and reporting. While there are no documented reduction targets or specific climate pledges from Mitsubishi Chemical Corporation, it is important to note that emissions data and performance metrics may be cascaded from its parent company, Mitsubishi Chemical Group Corporation. This relationship suggests that any climate initiatives or targets may align with the broader goals set by the group. As of now, Mitsubishi Chemical Corporation has not disclosed any specific initiatives or commitments related to the Science Based Targets initiative (SBTi) or other industry-standard climate frameworks. The lack of detailed emissions data and reduction targets highlights a potential area for improvement in transparency and accountability regarding their climate impact. In summary, Mitsubishi Chemical Corporation's current climate commitments and emissions data remain unspecified, reflecting a need for enhanced reporting and strategic climate action within the context of its corporate family relationship.
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| 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,991,000,000 | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 7,665,000,000 | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 40,400,000,000 | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Mitsubishi Chemical Corporation's Industry?
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Mitsubishi Chemical Corporation's Scope 3 Categories Breakdown
Mitsubishi Chemical Corporation's Scope 3 emissions, which decreased by 4% last year and increased by approximately 16% since 2012, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 77% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 38% of Scope 3 emissions.
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Mitsubishi Chemical Corporation'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.
Mitsubishi Chemical Corporation 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.
