Sekisui Chemical

Sekisui Chemical, a Japanese company in the Chemicals nec industry, reported total carbon emissions of approximately 4.42 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 184 million kg CO2e, Scope 2 emissions (market-based) of 354 million kg CO2e, and Scope 3 emissions of approximately 3.88 billion kg CO2e. Key categories within Scope 3 emissions for 2024 include purchased goods and services (approximately 2.09 billion kg CO2e), capital goods (475 million kg CO2e), and end-of-life treatment of sold products (615 million kg CO2e).

Looking at previous years, Sekisui Chemical's total emissions were approximately 4.34 billion kg CO2e in 2023, 4.57 billion kg CO2e in 2022, and 5.09 billion kg CO2e in 2021, showing a general downward trend in recent years.

Sekisui Chemical has set ambitious climate commitments. The company commits to achieving net-zero GHG emissions from its business activities by 2050. In the near term, Sekisui Chemical has Science Based Targets initiative (SBTi) validated targets. It aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 50% by fiscal year 2030, from a fiscal year 2019 base year. Additionally, the company commits to increasing its annual sourcing of renewable electricity from 0.35% in FY2019 to 100% by FY2030. For Scope 3 emissions, Sekisui Chemical targets a 30% reduction from purchased goods and services, waste generated in operations, use of sold products, and end-of-life treatment of sold products within the same FY2019-FY2030 timeframe. These targets cover its own operations and value chain.