Sekisui Chemical

Sekisui Chemical, a Chemicals nec company headquartered in Japan, reported total emissions of approximately 4.42 billion kg CO2e in 2024. This figure includes about 184 million kg CO2e from Scope 1 emissions, approximately 354 million kg CO2e from Scope 2 emissions (market-based), and roughly 3.88 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2024 were purchased goods and services (approximately 2.09 billion kg CO2e), end-of-life treatment of sold products (approximately 615 million kg CO2e), and capital goods (approximately 475 million kg CO2e).

Looking back, Sekisui Chemical's total emissions in 2023 were about 4.34 billion kg CO2e, comprising around 183 million kg CO2e (Scope 1), approximately 400 million kg CO2e (Scope 2 market-based), and roughly 3.76 billion kg CO2e (Scope 3). In 2022, total emissions stood at approximately 4.57 billion kg CO2e, with Scope 1 at about 187 million kg CO2e, Scope 2 (market-based) at approximately 468 million kg CO2e, and Scope 3 at roughly 3.92 billion kg CO2e.

Sekisui Chemical has established ambitious climate commitments. The company has set Science Based Targets initiative (SBTi) approved near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2019 base year. Additionally, Sekisui Chemical aims to increase its annual sourcing of renewable electricity purchased from 0.35% in FY2019 to 100% by FY2030. The company also commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, waste generated in operations, use of sold products, and end-of-life treatment of sold products by 30% within the same timeframe.

Furthermore, Sekisui Chemical is committed to achieving net-zero GHG emissions from its business activities by 2050. These reduction targets apply to all scopes.