Nippon Chemical Industrial Co., Ltd. Sustainability Profile
Nippon Chemical Industrial Co., Ltd., commonly referred to as Nippon Chemical, is a leading player in the chemical manufacturing industry, headquartered in Japan. Established in 1949, the company has built a strong reputation for its innovative solutions across various sectors, including pharmaceuticals, agriculture, and industrial chemicals. With a robust operational presence in Asia and beyond, Nippon Chemical focuses on producing high-quality chemical products, such as specialty chemicals and agrochemicals, that stand out for their efficacy and sustainability. The company has achieved significant milestones, including advancements in eco-friendly formulations, positioning itself as a market leader in environmentally responsible practices. Nippon Chemical's commitment to research and development has led to numerous accolades, reinforcing its status as a trusted partner in the global chemical market.
DitchCarbon Score
How does Nippon Chemical Industrial Co., Ltd.'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
Nippon Chemical Industrial Co., Ltd.'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.
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Nippon Chemical Industrial Co., Ltd.'s reported carbon emissions
In 2023, Nippon Chemical Industrial Co., Ltd. reported total carbon emissions of approximately 241.3 million kg CO2e. This figure includes about 50.5 million kg CO2e from Scope 1 and 2 emissions combined, while Scope 3 emissions accounted for approximately 190.7 million kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 23% reduction in CO2 emissions from its production processes by 2030. This commitment encompasses both Scope 1 and Scope 2 emissions, with initiatives focusing on leveraging renewable energy sources and adopting decarbonisation technologies at production sites. In comparison, the previous year, 2022, saw total emissions of approximately 273.2 million kg CO2e, indicating a potential downward trend in emissions as the company progresses towards its reduction goals. The reduction initiatives are part of a broader strategy to address climate change and enhance sustainability within the chemical industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Nippon Chemical Industrial Co., Ltd.'s Industry?
How Carbon Intensive is Nippon Chemical Industrial Co., Ltd.'s Location?
Nippon Chemical Industrial Co., Ltd.'s Scope 3 Categories Breakdown
Nippon Chemical Industrial Co., Ltd.'s Scope 3 emissions, which decreased by 10% last year and decreased by approximately 28% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Nippon Chemical Industrial Co., Ltd.'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.
Nippon Chemical Industrial Co., Ltd. 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.
