Sumitomo Bakelite
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Sumitomo Bakelite's score of 50 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Bakelite's reported carbon emissions
In 2024, Sumitomo Bakelite reported total greenhouse gas emissions of approximately 154,750,000 kg CO2e, which includes 79,554,000 kg CO2e from Scope 1 and 75,195,000 kg CO2e from Scope 2. Additionally, their Scope 3 emissions were significant, amounting to approximately 947,000,000 kg CO2e, with major contributions from purchased goods and services (718,000,000 kg CO2e) and upstream transportation and distribution (61,000,000 kg CO2e). The company has set ambitious near-term targets to reduce its carbon footprint. By FY2030, Sumitomo Bakelite aims to achieve a 48% reduction in absolute Scope 1 and 2 emissions from a FY2021 baseline. Furthermore, they are committed to a 25% reduction in Scope 3 emissions, specifically targeting areas such as purchased goods and services, waste generated in operations, and end-of-life treatment of sold products. These commitments align with industry standards for climate action, reflecting a proactive approach to mitigating climate change impacts. Sumitomo Bakelite's initiatives demonstrate a clear commitment to sustainability and responsible environmental stewardship within the chemicals sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 90,643,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 145,869,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 not participating in any 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.
