Sumitomo Bakelite Co., Ltd., a leading player in the advanced materials industry, is headquartered in Japan. Established in 1913, the company has evolved significantly, marking key milestones in the development of high-performance plastics and resins. With a strong presence in Asia, Europe, and North America, Sumitomo Bakelite excels in sectors such as automotive, electronics, and industrial applications. The company is renowned for its innovative core products, including phenolic resins and thermosetting plastics, which are distinguished by their durability and heat resistance. Sumitomo Bakelite's commitment to research and development has solidified its market position, making it a trusted partner for various industries. Notable achievements include advancements in eco-friendly materials, reflecting the company's dedication to sustainability and technological excellence.
How does Sumitomo Bakelite'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.
Mean score of companies in the Salt and Mineral Mining 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.
Sumitomo Bakelite's score of 40 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Sumitomo Bakelite reported total carbon emissions of approximately 1,054,540,000 kg CO2e, comprising 79,554,000 kg CO2e from Scope 1, 75,195,000 kg CO2e from Scope 2, and a significant 947,000,000 kg CO2e from Scope 3 emissions. The combined emissions from Scope 1 and 2 totalled about 154,750,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 46% reduction in CO2 emissions by 2030 compared to fiscal 2013 levels. This target applies to both Scope 1 and Scope 2 emissions. Additionally, Sumitomo Bakelite is committed to reducing Scope 3 emissions by 25% within the same timeframe. Looking further ahead, the company strives to achieve net-zero emissions for Scope 1 and 2 by 2050. These initiatives reflect Sumitomo Bakelite's commitment to addressing climate change and reducing its carbon footprint in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 90,643,000 | 00,000,000 | - | - | - | - | - | 00,000,000 |
Scope 2 | 145,869,000 | 000,000,000 | - | - | - | - | - | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sumitomo Bakelite is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.