- Reducing greenhouse gas (GHG) emissions.
- Intensi/f_ied competition for mainstay products.
- Uncertainty and supply chain disruption due to geopolitical risks.
- Delay in recovery of the smartphone and PC markets.
- Soaring costs of raw materials, energy, logistics, etc.
- Stagnant demand due to global in/f_lation.
- Declining prices for healthcare-related products, decreasing surgical operations, and prolonged medical equipment regulatory approvals.
- Intensi/f_ied competition for mainstay products in the /f_ilm and sheet business.
- Soaring raw material prices.
Sumitomo Bakelite Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Sumitomo Bakelite Co., Ltd. disclosed greenhouse gas emissions of 157.0K tCO2e/year (Scope 1+2). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
157.0K tCO2e/year (Scope 1+2)
2023-04 to 2024-03
Renewable Energy
54.7% of total energy use
of total energy
✅ Reported Environmental Achievements
- Achieved a 48% reduction in CO2 emissions (compared to fiscal 2013) ahead of schedule in fiscal 2023.
- Achieved the target for the sales revenue ratio of SDG-contributing products ahead of schedule.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve business pro/f_it of ¥30.0 billion, business pro/f_it to revenue ratio of 9.7%, in FY2024.
📅 Medium-term
- Achieve business pro/f_it of ¥40.0 billion, business pro/f_it to revenue ratio of 11.5%, ROE of 9% in FY2026.
- Reduce Scope 1 and 2 GHG emissions by 48% or more (compared to fiscal 2021) and Scope 3 GHG emission by 25% or more (compared to fiscal 2021) by FY2030.
- Achieve SDG-contributing product sales ratio of 70% or higher by FY2030.
🔭 Long-term
- Net zero emissions by 2050.
🌱 ESG Focus Areas
Creation of Environmental and Social ValuesCo-creation with customersInnovationHuman capitalDigital TransformationCorporate GovernanceComplianceHealth and safetyProduct LiabilityCybersecurityRespect for human rightsSustainable Procurement