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.
+21 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.
Part of the Sustainability team at Sumitomo Bakelite?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Salt and Mineral Mining has typical carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sumitomo Bakelite's reported carbon emissions
Sumitomo Bakelite: Climate Commitments and Emissions Overview
Sumitomo Bakelite, a Japanese company operating within the chemical and fertilizer minerals sector, is committed to reducing its greenhouse gas emissions. The company aims for net zero CO2 emissions across Scope 1 and 2 by 2050. This long-term goal is supported by near-term targets, including a commitment to reduce Scope 1 and 2 GHG emissions by 48% by Fiscal Year 2030, based on a Fiscal Year 2021 baseline. Additionally, Sumitomo Bakelite aims to reduce Scope 3 GHG emissions by 25% within the same timeframe, focusing on categories such as purchased goods and services, upstream transportation and distribution, waste generated in operations, and end-of-life treatment of sold products.
Emissions Data:
For the reporting year 2024, Sumitomo Bakelite reported the following emissions:
- Scope 1: Approximately 79,067,000 kg CO2e
- Scope 2 (Market-based): Approximately 56,021,000 kg CO2e
- Scope 3: Approximately 987,746,000 kg CO2e, with the largest contribution coming from purchased goods and services at approximately 761,352,000 kg CO2e.
The total calculated emissions for 2024 were approximately 1,122,913,000 kg CO2e.
In 2023, the company's total emissions were approximately 1,118,259,000 kg CO2e, with Scope 1 emissions at approximately 81,257,000 kg CO2e and Scope 2 (market-based) at approximately 75,195,000 kg CO2e. Scope 3 emissions for 2023 were approximately 956,803,000 kg CO2e.
Previous years show the following total emissions:
- 2022: Approximately 1,237,814,000 kg CO2e (Scope 1: 85,892,000 kg CO2e, Scope 2: 95,767,000 kg CO2e, Scope 3: 1,096,662,000 kg CO2e)
- 2021: Approximately 1,441,309,000 kg CO2e (Scope 1: 97,007,000 kg CO2e, Scope 2: 149,264,000 kg CO2e, Scope 3: 1,194,306,000 kg CO2e)
- 2020: Approximately 1,172,777,000 kg CO2e (Scope 1: 76,194,000 kg CO2e, Scope 2: 129,035,000 kg CO2e, Scope 3: 997,543,000 kg CO2e)
While Scope 1 and 2 emissions have shown some year-on-year fluctuations, there is a discernible trend of reduction in total emissions from 2021 to 2024, indicating progress towards their stated goals.
Key Reduction Initiatives and Targets:
- 2050 Net Zero: Sumitomo Bakelite aims for net zero CO2 emissions by 2050, encompassing both Scope 1 and Scope 2 emissions.
- 2030 Absolute Reduction: A primary near-term target is to reduce absolute GHG emissions by 48% for Scope 1 and 2, and 25% for Scope 3, by 2030, using a 2021 baseline. This target aligns with a 1.5°C pathway.
- Earlier Targets: Prior targets included a 46% reduction in CO2 emissions by 2030 compared to fiscal 2013 levels for Scope 1 and 2 emissions.
Sumitomo Bakelite's climate strategy is integrated into its corporate responsibility efforts, reflecting a commitment to sustainable development within the chemical industry.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Sumitomo Bakelite’s Climate Goals (2030 & 2050)
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Sumitomo Bakelite
Frequently asked questions
Common questions about Sumitomo Bakelite’s sustainability data and climate commitments
Data year: 2024
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project