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Mitsubishi Gas Chemical Company, Inc. (MGC), headquartered in Tokyo, Japan, is a prominent player in the chemicals nec industry. Founded in 1951, MGC has established itself as a leader in the production of specialty chemicals, advanced materials, and functional products, catering to diverse sectors such as electronics, automotive, and pharmaceuticals.
With a strong operational presence across Asia, Europe, and North America, MGC is renowned for its innovative core products, including high-performance resins and chemical intermediates. The company’s commitment to sustainability and cutting-edge technology sets it apart in a competitive market. MGC's notable achievements include significant advancements in eco-friendly chemical solutions, reinforcing its position as a trusted partner in the global chemicals landscape.
+1 vs industry average
Mitsubishi Gas Chemical Company, Inc’s score of 33 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Mitsubishi Gas Chemical Company, Inc. (MGC), headquartered in Japan and operating in the Chemicals nec industry, reported total carbon emissions of approximately 11.8 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 619 million kg CO2e, Scope 2 emissions of 586 million kg CO2e (market-based), and Scope 3 emissions of approximately 10.6 billion kg CO2e.
Looking back, MGC's total emissions in 2023 were approximately 11.0 billion kg CO2e, comprising 715 million kg CO2e for Scope 1, 682 million kg CO2e for Scope 2 (market-based), and 9.6 billion kg CO2e for Scope 3. In 2022, the company's total emissions were approximately 10.7 billion kg CO2e, with Scope 1 at 743 million kg CO2e, Scope 2 (market-based) at 583 million kg CO2e, and Scope 3 at 9.4 billion kg CO2e.
Mitsubishi Gas Chemical Company has set climate commitments to achieve carbon neutrality for the MGC Group by 2050, aiming for a 36% reduction in GHG emissions (Scope 1 and 2) compared to 2013 levels. For MGC non-consolidated operations, the target is a 28% reduction by 2030 and a 36% reduction by 2030, both against a 2013 baseline, ultimately leading to carbon neutrality by 2050. The company also promotes energy transition towards a zero-carbon society by 2050, impacting both Scope 1 and Scope 2 emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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