Nof Corporation, commonly referred to as Nof, is a prominent player in the chemicals nec industry, headquartered in Japan (JP). Established in 1950, Nof has built a strong reputation for its innovative solutions in specialty chemicals, particularly in the fields of adhesives, coatings, and electronic materials.
With a significant presence in both domestic and international markets, Nof operates across various regions, catering to diverse industries. The company is renowned for its unique product offerings, which include high-performance adhesives that meet stringent quality standards and environmental regulations.
Nof's commitment to research and development has positioned it as a leader in the sector, achieving notable milestones such as advancements in eco-friendly chemical solutions. As a trusted partner for numerous industries, Nof continues to drive growth and innovation in the chemicals market.
-2 vs industry average
Nof’s score of 27 is lower than 46% 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 6% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nof's reported carbon emissions
Nof, a chemicals company based in Japan, has outlined its climate commitments with a focus on reducing greenhouse gas emissions. The company has set a mid-term target to reduce emissions by 40% from the fiscal year 2013 level by fiscal year 2030. Furthermore, Nof aims to achieve carbon neutrality by 2050. In fiscal year 2024, Nof reported Scope 2 emissions of approximately 102,000,000 kg CO2e (market-based) and 124,000,000 kg CO2e (location-based). Scope 3 emissions for the same year were approximately 972,100,000 kg CO2e, with purchased goods and services accounting for a significant portion at around 520,500,000 kg CO2e, and the end-of-life treatment of sold products contributing approximately 292,300,000 kg CO2e. The total calculated emissions for fiscal year 2024 are approximately 1,074,100,000 kg CO2e. For fiscal year 2023, Nof's Scope 2 emissions were approximately 101,000,000 kg CO2e (market-based) and 129,000,000 kg CO2e (location-based). Scope 3 emissions in 2023 were approximately 600,100,000 kg CO2e, with purchased goods and services representing about 453,300,000 kg CO2e. In fiscal year 2022, Scope 2 emissions were approximately 103,000,000 kg CO2e (market-based) and 133,000,000 kg CO2e (location-based). Scope 1 and 2 emissions combined were approximately 175,000,000 kg CO2e. Historical data shows Scope 1 and 2 emissions in fiscal year 2021 at approximately 159,200,000 kg CO2e, including Scope 1 emissions of 55,600,000 kg CO2e and Scope 2 emissions of 103,600,000 kg CO2e. Scope 3 emissions for 2021 were approximately 60,200,000 kg CO2e. In fiscal year 2020, Scope 1 and 2 emissions totalled approximately 187,000,000 kg CO2e. Prior to this, in fiscal year 2019, total emissions were reported at approximately 175,000,000 kg CO2e, comprising Scope 1 at 52,679,000 kg CO2e, Scope 2 at 102,928,000 kg CO2e, and Scope 3 at 58,937,000 kg CO2e. Scope 1 and 2 emissions for 2019 were approximately 155,607,000 kg CO2e. In fiscal year 2013, Scope 1 and 2 emissions were approximately 202,000,000 kg CO2e. Nof is aligning its targets with the Japanese Government's declaration to achieve a carbon-neutral society by 2050 and the updated national target of reducing greenhouse gas emissions by 46% compared to the fiscal year 2013 level. The company is preparing a roadmap for the period up to fiscal year 2030. Nof's reporting indicates that it is not currently on track for its climate neutral goals for Scope 2 emissions by 2030 and 2050.
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Nof’s Climate Goals (2030 & 2050)
3 goals2050
40% reduction in all scopes
The NOF Group has set a mid-term target of reducing greenhouse gas emissions by 40% from the fiscal 2013 level by fiscal 2030, and a long-te…
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
View similar organisationsNo peer comparison is available for Nof yet.
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