- Transition risks: increased tax burden due to carbon pricing, increased manufacturing costs, higher logistics costs.
- Physical risks: damage to production facilities due to intensified climate disasters, decline in sales due to changes in crop cultivation.
- Difficulty in analyzing the CFP of chemical products due to complex manufacturing processes.
- Securing a stable supply of clean ammonia.
Sumitomo Chemical Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sumitomo Chemical Co., Ltd. disclosed greenhouse gas emissions of 5.0M tCO2e/year (Scope 1+2 FY2023). By scope: Scope 3: 3.3M tCO2e/year (FY2020). 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
5.0M tCO2e/year (Scope 1+2 FY2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 3.3M tCO2e/year (FY2020) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.0M tCO2e/year (Scope 1+2 FY2023) |
| 2022 | 658.0K tCO2e/year (Scope 1+2 in FY2022) |
| 2021 | 4.0K thousand tons of CO2e/year (FY2020 Scope 1+2+3) |
| 2020 | 7.2K thousand tons of CO2e/year (FY2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions (Scope 1+2) by 50% by 2030 (compared to FY2013), aiming for net-zero by 2050. Achieved SBT WB2.0°C certification.
- 50% of lighting at all worksites converted to LEDs by 2020, aiming for 100% by 2030.
- Introduced EV bus at Chiba Works to reduce CO2 emissions.
- Oita Works switched to 100% renewable energy-derived power in November 2021, reducing GHG emissions by ~20%.
- Annual CO2 emission reduction of 650,000 tons at Ehime Works through LNG conversion.
- Annual CO2 emission reduction of over 240,000 tons at Chiba Works through highly efficient gas turbine power generation equipment.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions (Scope 1+2) by 50% by 2030 (compared to FY2013).
📅 Medium-term
- Achieve 1.2 trillion yen in sales revenue from Sumika Sustainable Solutions (SSS) products by FY2030.
🔭 Long-term
- Achieve net-zero GHG emissions by 2050.
🌱 ESG Focus Areas
Climate Change