Mitsubishi Chemical Europe Sustainability Profile
Mitsubishi Chemical Europe, a subsidiary of Mitsubishi Chemical Corporation, is headquartered in Germany and operates extensively across Europe. Founded in 1933, the company has established itself as a leader in the chemical industry, focusing on advanced materials and innovative solutions. With a diverse portfolio that includes performance chemicals, plastics, and composites, Mitsubishi Chemical Europe is renowned for its commitment to sustainability and cutting-edge technology. The company’s core products, such as high-performance polymers and specialty chemicals, are designed to meet the evolving needs of various sectors, including automotive, electronics, and healthcare. Mitsubishi Chemical Europe has achieved significant milestones, positioning itself as a key player in the market, recognised for its quality and innovation. Its dedication to research and development continues to drive growth and enhance its competitive edge in the chemical landscape.
DitchCarbon Score
How does Mitsubishi Chemical Europe'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 Europe's score of 15 is lower than 68% 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 Europe's reported carbon emissions
In 2019, Mitsubishi Chemical Europe reported total carbon emissions of approximately 33,000,000 kg CO2e, comprising 16,629,000 kg CO2e from Scope 1, 8,455,000 kg CO2e from Scope 2, and 8,174,000 kg CO2e from Scope 3 emissions. This data is cascaded from the parent company, Mitsubishi Chemical Group Corporation, reflecting the emissions profile of the current subsidiary, Mitsubishi Chemical Europe GmbH. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it is committed to addressing its carbon footprint through various sustainability efforts, although detailed plans or targets have not been specified. Mitsubishi Chemical Europe's emissions data indicates a comprehensive approach to tracking and managing carbon emissions across all scopes, aligning with industry standards for climate accountability. The absence of explicit reduction targets suggests a potential area for future commitment and improvement in their climate strategy.
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| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Scope 1 | 14,269,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 7,223,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,046,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Mitsubishi Chemical Europe's Industry?
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Mitsubishi Chemical Europe'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 Europe has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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