Mitsui Chemicals, Inc., a prominent player in the chemicals nec industry, is headquartered in Japan and operates extensively across Asia, Europe, and North America. Founded in 1933, the company has established itself as a leader in the production of advanced materials and chemicals, focusing on sectors such as automotive, healthcare, and packaging.
With a diverse portfolio that includes high-performance plastics, specialty chemicals, and agricultural solutions, Mitsui Chemicals is renowned for its commitment to innovation and sustainability. The company’s unique approach to product development and its emphasis on eco-friendly practices have positioned it favourably in the global market. Notable achievements include significant advancements in polymer technology and a strong presence in the bioplastics sector, underscoring its role as a forward-thinking entity in the chemical industry.
+21 vs industry average
Mitsui Chemicals’s score of 51 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mitsui Chemicals's reported carbon emissions
Mitsui Chemicals, a Japanese chemicals company, has established significant climate commitments. The company aims to achieve carbon neutrality by 2050. To support this long-term goal, Mitsui Chemicals has set a near-term target to reduce greenhouse gas (GHG) emissions by 40% by fiscal year 2030, compared to fiscal year 2013 levels. This reduction is to be achieved through various strategies including transitioning to low-carbon raw materials and fuels, enhancing energy efficiency, and adopting renewable energy sources.
In terms of emissions data, for the fiscal year 2024, Mitsui Chemicals reported total Scope 1 and 2 emissions of approximately 4,428,000,000 kg CO2e. Scope 1 emissions were approximately 3,531,000,000 kg CO2e, and Scope 2 emissions were approximately 896,000,000 kg CO2e. Their Scope 3 emissions for the same period totalled approximately 16,209,000,000 kg CO2e, with significant contributions from purchased goods and services (approximately 9,185,000,000 kg CO2e) and the end-of-life treatment of sold products (approximately 5,824,000,000 kg CO2e).
For fiscal year 2023, total Scope 1 and 2 emissions were approximately 4,587,000,000 kg CO2e, comprising approximately 3,675,000,000 kg CO2e of Scope 1 emissions and approximately 912,000,000 kg CO2e of Scope 2 emissions. Scope 3 emissions for fiscal year 2023 were approximately 16,639,000,000 kg CO2e, with purchased goods and services accounting for approximately 9,211,000,000 kg CO2e and end-of-life treatment of sold products contributing approximately 6,122,000,000 kg CO2e.
In fiscal year 2022, Scope 1 and 2 emissions amounted to approximately 4,502,000,000 kg CO2e. Scope 3 emissions for this year were approximately 11,691,000,000 kg CO2e. For fiscal year 2021, Scope 1 and 2 emissions were approximately 4,873,000,000 kg CO2e, and Scope 3 emissions were approximately 11,398,000,000 kg CO2e. In fiscal year 2020, Scope 1 and 2 emissions totalled approximately 4,933,000,000 kg CO2e, with Scope 3 emissions at approximately 9,326,000,000 kg CO2e.
Prior to 2020, Mitsui Chemicals reported Scope 1 and 2 emissions for fiscal year 2019 as approximately 5,060,000,000 kg CO2e. For fiscal year 2018, Scope 1 and 2 emissions were approximately 5,220,000,000 kg CO2e. In fiscal year 2017, Scope 1 and 2 emissions were approximately 5,580,000,000 kg CO2e. Fiscal year 2016 saw Scope 1 and 2 emissions of approximately 5,730,000,000 kg CO2e. For fiscal year 2015, Scope 1 and 2 emissions were approximately 5,780,000,000 kg CO2e. Scope 1 and 2 emissions for fiscal year 2014 were approximately 501,000,000 kg CO2e. Fiscal year 2013 recorded Scope 1 and 2 emissions of approximately 520,000,000 kg CO2e. Scope 1 and 2 emissions for fiscal year 2012 were approximately 546,000,000 kg CO2e. In fiscal year 2011, Scope 1 and 2 emissions were approximately 561,000,000 kg CO2e. For fiscal year 2010, Scope 1 and 2 emissions were approximately 583,000,000 kg CO2e. An older disclosure for 2005 reported a total of 595,000,000 kg CO2e.
Mitsui Chemicals has also indicated a commitment to reduce domestic GHG emissions by 25.4% by fiscal year 2030, compared to fiscal year 2005 levels. The company has also set targets for reducing GHG emissions by 22% by fiscal year 2016 compared to fiscal year 2005 levels. The company's approach to emission reduction initiatives includes focusing efforts on production sites with higher emission volumes.
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Mitsui Chemicals’s Climate Goals (2030 & 2050)
4 goals2030
40% reduction in all scopes
The Mitsui Chemicals Group aims to reduce its GHG emissions by 40% by fiscal 2030 relative to fiscal 2013 levels to make important progress…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Mitsui Chemicals
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