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Sumitomo Bakelite Co., Ltd., a prominent player in the chemical and fertilizer minerals industry, is headquartered in Japan (JP). Established in 1913, the company has evolved significantly, focusing on the mining and quarrying of various products, including salt and other minerals. With a strong presence in Asia and beyond, Sumitomo Bakelite is renowned for its innovative solutions in the production of high-performance materials.
The company’s core offerings include advanced resin products and specialty chemicals, which are distinguished by their superior quality and application versatility. Sumitomo Bakelite has achieved notable market recognition, positioning itself as a leader in the industry through continuous research and development. With a commitment to sustainability and technological advancement, the company remains dedicated to meeting the evolving needs of its global clientele.
+22 vs industry average
Sumitomo Bakelite’s score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Salt and Mineral Mining has typical carbon intensity
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Sumitomo Bakelite, headquartered in Japan and operating in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry, reported global Scope 1 emissions of 79,554,000 kg CO2e, Scope 2 emissions of 75,195,000 kg CO2e, and Scope 3 emissions of 947,000,000 kg CO2e for 2024. The total Scope 1 and 2 emissions for 2024 were 154,750,000 kg CO2e.
The company has set several climate commitments. Sumitomo Bakelite aims to achieve net-zero Scope 1 and 2 CO2 emissions by 2050. For near-term targets, the company is committed to reducing absolute Scope 1 and 2 GHG emissions by 48% by fiscal year 2030, using a fiscal year 2021 base year. Additionally, Sumitomo Bakelite aims to reduce absolute Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, waste generated in operations, and end-of-life treatment of sold products by 25% within the same timeframe (fiscal year 2030 from a fiscal year 2021 base year). These near-term targets for Scope 1 and 2 emissions are classified as consistent with reductions required to keep warming to 1.5°C by the Science Based Targets initiative (SBTi).
2030
48% reduction in Scope 2
Sumitomo Bakelite Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 48% by FY2030 from a FY2021 base year.
2030
25% reduction in scope 3 total
Sumitomo Bakelite Co., Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation…
2030
48% reduction in Scope 1
Sumitomo Bakelite Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 48% by FY2030 from a FY2021 base year.
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Common questions about Sumitomo Bakelite’s sustainability data and climate commitments
Data year: 2024
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