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Sumitomo Seika Chemicals Co., Ltd., commonly referred to as Sumitomo Seika, is a prominent Japanese company specialising in the chemicals nec sector. Headquartered in Japan, the firm operates across various regions, serving a global market with a focus on innovative chemical solutions. Established in 1947, Sumitomo Seika has built a strong reputation for its advanced products and technological expertise.
The company’s core offerings include speciality chemicals, functional materials, and high-performance polymers, distinguished by their quality and application versatility. With a history of steady growth and strategic milestones, Sumitomo Seika maintains a significant position within the chemicals industry, recognised for its commitment to research and development. Its market presence underscores its role as a key player in delivering specialised chemical products worldwide.
-4 vs industry average
Sumitomo Seika Chemicals’s score of 28 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Sumitomo Seika Chemicals, a Japan-based company in the Chemicals nec industry, reported its most recent Scope 3 emissions for 2024 as approximately 1.71 billion kg CO2e. Their total Scope 3 emissions for 2023 were approximately 1.941 billion kg CO2e. For 2022, their Scope 3 emissions were approximately 1.778 billion kg CO2e, and for 2021, they were approximately 1.81 billion kg CO2e.
Sumitomo Seika Chemicals has committed to Science Based Targets initiative (SBTi) aligned targets. These include reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 54.6% by fiscal year 2033, from a fiscal year 2022 base year. They also aim to reduce absolute Scope 3 GHG emissions from purchased goods and services and end-of-life treatment of sold products by 32.5% within the same timeframe. These targets are classified as being consistent with reductions required to keep warming to 1.5°C.
2033
32.5% reduction in scope 3 downstream
2033
54.6% reduction in Scope 1
2033
54.6% reduction in Scope 2
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