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OrganisationsSumitomo Bakelite
Sumitomo Bakelite logo

Sumitomo Bakelite

Salt and Mineral MiningJapanTYO: 4203
Last verified 1 day agosumibe.co.jp

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.

40
DitchCarbon score

+22 vs industry average

Sumitomo Bakelite’s score of 40 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Salt and Mineral Mining has above-average carbon intensity

Industry performance

0.437
20182025

The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018

Emissions trajectory 2020 – 2027

0.0B0.0B000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Sumitomo Bakelite's reported carbon emissions

Sumitomo Bakelite's total carbon emissions for 2024 were approximately 1,121,717,000 kg CO2e. In 2023, the company reported a total of approximately 1,107,900,000 kg CO2e. Scope 1 emissions for 2024 amounted to approximately 79,067,000 kg CO2e, while Scope 2 emissions (market-based) were approximately 135,088,000 kg CO2e. Scope 3 emissions in 2024 reached approximately 987,746,000 kg CO2e, with purchased goods and services accounting for the largest portion at approximately 761,352,000 kg CO2e.

The company has set ambitious climate targets. By 2030, Sumitomo Bakelite aims to reduce Scope 1 and 2 greenhouse gas emissions by 48% or more compared to a 2021 baseline. Furthermore, they commit to a 25% reduction in Scope 3 GHG emissions within the same timeframe. These near-term targets are consistent with the Science Based Targets initiative (SBTi) for a 1.5°C pathway. Looking further ahead, Sumitomo Bakelite strives to achieve net-zero CO2 emissions for Scope 1 and 2 by 2050.

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Sumitomo Bakelite’s Climate Goals (2030 & 2050)

3 goals

2050

Strive to achieve zero CO2 emissions (Scope 1 and 2) by 2050

Strive to achieve zero CO2 emissions (Scope 1 and 2) by 2050.

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

9 of 15 categories disclosed
Purchased Goods & Services77%
Upstream Transportation & Distribution7%
Capital Goods5%
End-of-Life Treatment4%
Fuel & Energy Activities4%
Investments1%
Waste Generated in Operations1%
Employee Commuting1%
Purchased Goods & Services77%
Upstream Transportation & Distribution7%
Capital Goods5%
End-of-Life Treatment4%
Fuel & Energy Activities4%
Investments1%
Waste Generated in Operations1%
Employee Commuting1%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sumitomo Bakelite logoSumitomo Bakelite
JPSalt and Mineral Mining
1 day ago
40
Agco logoAgco
USMachinery and Equipment
6 days ago
82
View
Dupont logoDupont
USOther Basic Inorganic Chemical Manufacturing
5 hours ago
81
View
Uber logoUber
USTransport Equipment Manufacturing
6 days ago
67
View
Asahi Kasei logoAsahi Kasei
JPChemicals
3 days ago
58
View
Mitsubishi Chemical logoMitsubishi Chemical
JPOther Chemical and Allied Products Merchant Wholesalers
3 days ago
54
View
Mitsui Chemicals logoMitsui Chemicals
JPChemicals
2 hours ago
51
View

Frequently asked questions

Common questions about Sumitomo Bakelite’s sustainability data and climate commitments

In 2024, Sumitomo Bakelite's total carbon emissions were approximately 1.12 billion kg CO₂e. The emissions are divided into Scope 1, roughly 79 million kg CO₂e, Scope 2 market-based emissions around 135 million kg CO₂e, and Scope 3 emissions close to 988 million kg CO₂e. The majority of emissions, over 88%, come from Scope 3, mainly from purchased goods and services. This data highlights the company's significant upstream impact and its focus on reducing overall greenhouse gases in its operations and supply chain, aligning with its climate commitments for 2024.

Data year: 2024

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See our License Agreement for more details.

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