Sumitomo Chemical
Sumitomo Chemical Co., Ltd., a prominent player in the global chemical industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and the Americas. Founded in 1913, the company has established itself as a leader in various sectors, including agrochemicals, petrochemicals, and advanced materials. With a diverse portfolio that includes crop protection products, specialty chemicals, and electronic materials, Sumitomo Chemical is renowned for its commitment to innovation and sustainability. The company’s unique approach to product development and its focus on environmental stewardship have positioned it as a trusted partner in the industry. Notable achievements include significant advancements in agricultural technology and a strong market presence, making Sumitomo Chemical a key contributor to the global chemical landscape.
DitchCarbon Score
How does Sumitomo Chemical'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 Chemicals 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 Chemical's score of 48 is higher than 71% 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 Chemical's reported carbon emissions
In 2023, Sumitomo Chemical reported total carbon emissions of approximately 5,029,000,000 kg CO2e globally, with significant contributions from Scope 1 emissions at about 4,262,000,000 kg CO2e and Scope 2 emissions at approximately 767,000,000 kg CO2e. Scope 3 emissions included approximately 1,858,000,000 kg CO2e from purchased goods and services and 512,000,000 kg CO2e from fuel and energy-related activities. For Japan, the company reported total emissions of about 4,119,000,000 kg CO2e, with Scope 1 emissions at approximately 3,995,000,000 kg CO2e and Scope 2 emissions at around 124,000,000 kg CO2e. The Scope 3 emissions in Japan mirrored global figures, indicating a consistent approach across regions. Sumitomo Chemical has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas emissions by 2030 compared to 2013 levels, specifically targeting both Scope 1 and Scope 2 emissions. Additionally, the company is committed to achieving net-zero emissions by 2050, recognising the need for innovative technologies such as carbon capture, utilisation, and storage (CCUS) to meet this goal. The company has also established science-based targets, committing to a 36% reduction in absolute Scope 1 and 2 emissions by FY2030/31 from a FY2020/21 baseline, alongside a 14% reduction in Scope 3 emissions within the same timeframe. These targets are aligned with the SBTi framework and reflect a commitment to maintaining emissions reductions consistent with limiting global warming to well below 2°C. Overall, Sumitomo Chemical's emissions data and climate commitments demonstrate a proactive approach to sustainability and carbon management, with clear targets and a focus on innovative solutions to achieve long-term environmental goals.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | - | - | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 Chemical 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.
