Tokuyama Sustainability Profile
Tokuyama Corporation, headquartered in Japan, is a leading player in the chemical industry, renowned for its innovative solutions across various sectors. Founded in 1918, the company has established a strong presence in key operational regions, including Asia, Europe, and North America. Specialising in advanced materials, Tokuyama offers a diverse range of products, including high-purity chemicals, silicon products, and dental materials, which are distinguished by their superior quality and performance. The company has achieved notable milestones, such as pioneering developments in the semiconductor and solar energy industries, solidifying its market position as a trusted provider of essential materials. With a commitment to sustainability and technological advancement, Tokuyama continues to drive progress in the chemical sector, making significant contributions to various industries worldwide.
DitchCarbon Score
How does Tokuyama'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
Tokuyama's score of 51 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tokuyama's reported carbon emissions
In 2023, Tokuyama Corporation reported significant carbon emissions, totalling approximately 6,510,000,000 kg CO2e for Scope 1, 40,000,000 kg CO2e for Scope 2, and 1,760,000,000 kg CO2e for Scope 3 emissions. This data reflects their global operations, with a total of about 8,310,000,000 kg CO2e across all scopes. Tokuyama has set ambitious climate commitments, aiming for a 30% reduction in greenhouse gas emissions by 2030 and achieving carbon neutrality by 2050, based on 2019 levels. These targets encompass both Scope 1 and Scope 2 emissions, indicating a comprehensive approach to their carbon footprint. Additionally, they are committed to the Science Based Targets initiative (SBTi), reinforcing their long-term sustainability goals. The company’s emissions data is not cascaded from any parent organization, ensuring that their reported figures are solely reflective of their own operations. Tokuyama's proactive stance on climate action positions them as a responsible player in the chemicals sector, aligning with global efforts to mitigate climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,484,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Tokuyama's Industry?
How Carbon Intensive is Tokuyama's Location?
Tokuyama's Scope 3 Categories Breakdown
Tokuyama's Scope 3 emissions, which increased by 2% last year and increased by approximately 6% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 38% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 22% of Scope 3 emissions.
Top Scope 3 Categories
Tokuyama's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tokuyama has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Tokuyama's sustainability data and climate commitments