Sumitomo Chemical Company, Limited
Sumitomo Chemical Company, Limited, headquartered in Japan, is a leading player in the global chemical industry. Founded in 1913, the company has established a strong presence across various operational regions, including Asia, Europe, and the Americas. Specialising in agrochemicals, petrochemicals, and advanced materials, Sumitomo Chemical is renowned for its innovative solutions that cater to diverse sectors such as agriculture, electronics, and pharmaceuticals. With a commitment to sustainability and technological advancement, the company has achieved significant milestones, including the development of unique products that enhance crop yields and improve industrial processes. Sumitomo Chemical's market position is bolstered by its dedication to research and development, making it a trusted partner in the chemical sector.
DitchCarbon Score
How does Sumitomo Chemical Company, Limited'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 Company, Limited's score of 55 is higher than 73% 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 Company, Limited's reported carbon emissions
In 2024, Sumitomo Chemical Company, Limited reported total carbon emissions of approximately 5,556,000,000 kg CO2e, comprising 4,836,000,000 kg CO2e from Scope 1 and 715,000,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions, which included significant contributions from purchased goods and services (1,661,000,000 kg CO2e) and fuel and energy-related activities (488,000,000 kg CO2e). For the previous year, 2023, the company reported 4,995,000,000 kg CO2e in total emissions in Japan, with 3,995,000,000 kg CO2e from Scope 1 and 124,000,000 kg CO2e from Scope 2. Global Scope 3 emissions for 2023 were reported at approximately 1,858,000,000 kg CO2e. Sumitomo Chemical has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions by 2050 across all scopes. The company has established specific reduction targets, including a 50% reduction in Scope 1 and Scope 2 emissions by 2030, compared to 2013 levels. Additionally, it aims to reduce absolute Scope 3 emissions by 14% by FY2030/31 from a FY2020/21 base year. These targets align with the Science Based Targets initiative (SBTi), which has validated Sumitomo Chemical's commitment to reducing its absolute Scope 1 and 2 GHG emissions by 36% by FY2030/31. The company acknowledges that achieving these goals will require innovative technologies, including carbon capture, utilisation, and storage (CCUS). Overall, Sumitomo Chemical is actively working towards significant emissions reductions while addressing the challenges posed by climate change through its comprehensive sustainability strategy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 Company, Limited 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.
