Sumitomo Chemical Company, Limited

Sumitomo Chemical Company, Limited's reported carbon emissions

Sumitomo Chemical Company, Limited, headquartered in Japan, is committed to significant greenhouse gas (GHG) emissions reductions. **Carbon Emissions Data:** * **2024:** Total emissions were approximately 2.53 billion kg CO2e. Scope 1 emissions accounted for roughly 4.84 billion kg CO2e, Scope 2 emissions were approximately 715 million kg CO2e, and Scope 3 emissions totalled around 1.66 billion kg CO2e, with purchased goods and services being a major contributor. * **2023:** Scope 1 and 2 emissions combined were approximately 5.03 billion kg CO2e. Scope 3 emissions were significant, with purchased goods and services contributing approximately 1.86 billion kg CO2e. * **2022:** Scope 1 and 2 emissions combined were approximately 6.58 billion kg CO2e. Scope 3 emissions were substantial, particularly from purchased goods and services at approximately 2.26 billion kg CO2e. * **2021:** Scope 3 emissions were reported, with purchased goods and services accounting for approximately 2.44 billion kg CO2e. Data for Scope 1 and Scope 2 was not available for this year. * **2020:** Scope 3 emissions were reported, with purchased goods and services at approximately 2.35 billion kg CO2e. Data for Scope 1 and Scope 2 was not available. * **2019:** Scope 1 and 2 emissions combined were approximately 7.22 billion kg CO2e. * **2018:** Scope 1 and 2 emissions combined were approximately 7.26 billion kg CO2e. * **2017:** Scope 1 and 2 emissions combined were approximately 7.76 billion kg CO2e. * **2016:** Scope 1 and 2 emissions combined were approximately 6.49 billion kg CO2e. * **2015:** Scope 1 and 2 emissions combined were approximately 7.01 billion kg CO2e. * **2014:** Scope 1 and 2 emissions combined were approximately 8.27 billion kg CO2e. * **2013:** Scope 1 and 2 emissions combined were approximately 9.54 billion kg CO2e. * **2012:** Scope 3 emissions were reported at approximately 918 million kg CO2e. Data for Scope 1 and Scope 2 was not available. * **2010-2011, 2005-2009:** Total emissions were reported in the range of approximately 4.35 to 4.79 billion kg CO2e for various years within these periods, though specific scope breakdowns were not always provided. **Climate Commitments and Reduction Targets:** Sumitomo Chemical is actively engaged in climate action with ambitious targets: * **Net Zero by 2050:** The company aims to achieve net-zero GHG emissions by 2050. This long-term goal necessitates the development and implementation of innovative technologies such as carbon-negative emissions and carbon capture, utilisation, and storage (CCUS). * **Near-Term Reductions:** * A commitment has been made to reduce GHG emissions by 50% by 2030, compared to the fiscal year 2013 baseline for Scope 1 and Scope 2 emissions. * Sumitomo Chemical also commits to reducing absolute Scope 3 GHG emissions, specifically from purchased goods and services and fuel and energy-related activities, by 14% from the FY2020 level by FY2030. * **Science-Based Targets initiative (SBTi):** Sumitomo Chemical has established SBTi-aligned targets, committing to a 36% reduction in absolute Scope 1 and 2 GHG emissions by FY2030/31 from a FY2020/21 base year. Additionally, they are committed to a 14% reduction in absolute Scope 3 GHG emissions from purchased goods and services and fuel and energy-related activities within the same timeframe. These targets are considered consistent with keeping warming to well-below 2°C.