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Nof Corporation, commonly referred to as Nof, is a prominent player in the chemicals nec industry, headquartered in Japan (JP). Established in 1950, Nof has built a strong reputation for its innovative solutions in specialty chemicals, particularly in the fields of adhesives, coatings, and electronic materials.
With a significant presence in both domestic and international markets, Nof operates across various regions, catering to diverse industries. The company is renowned for its unique product offerings, which include high-performance adhesives that meet stringent quality standards and environmental regulations.
Nof's commitment to research and development has positioned it as a leader in the sector, achieving notable milestones such as advancements in eco-friendly chemical solutions. As a trusted partner for numerous industries, Nof continues to drive growth and innovation in the chemicals market.
-4 vs industry average
Nof’s score of 28 is lower than 45% 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.
NOF, a Chemicals nec company based in JP, reported its most recent emissions data for 2024. The company's Scope 2 market-based emissions were 102,000,000 kg CO2e, and Scope 3 emissions totalled 972,100,000 kg CO2e. Key contributors to Scope 3 included purchased goods and services at 520,500,000 kg CO2e and end-of-life treatment of sold products at 292,300,000 kg CO2e.
Looking back, in 2023, NOF's Scope 2 market-based emissions were 101,000,000 kg CO2e, and Scope 3 emissions were approximately 600,100,000 kg CO2e. In 2022, only Scope 2 market-based emissions were reported, totalling 103,000,000 kg CO2e, with no Scope 1 or 3 data disclosed. For 2021, the company disclosed Scope 1 emissions of 55,600,000 kg CO2e, Scope 2 emissions of 103,600,000 kg CO2e, and Scope 3 emissions of 60,200,000 kg CO2e.
NOF has set ambitious climate commitments, aiming for carbon neutrality by 2050. This long-term target is supported by a mid-term goal to reduce greenhouse gas emissions by 40% from a fiscal 2013 baseline by fiscal 2030. The company is in the process of preparing a roadmap to achieve its 2030 targets and align with national policy for a carbon-neutral society.
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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