- Sluggishness of housing markets in China and the U.S. impacting demand for refrigeration lubricant raw materials.
- Significant decrease in productivity due to equipment trouble at a raw material supplier.
- Aging equipment in petrochemical plants increasing risk of sudden equipment issues.
- Difficulty procuring CO2 raw material due to equipment problems at suppliers.
- Rising material and personnel costs increasing the cost of maintenance and renewal investment.
KH Neochem Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, KH Neochem Co., Ltd. disclosed greenhouse gas emissions of 378.4K t-CO2e/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
378.4K t-CO2e/year (Scope 1+2)
2023
Renewable Energy
100% at Head Office
of total energy
Water Usage
7.6K kt/year
2023
Waste
8.6K tons/year
2023
Energy Use
186.0K kL crude oil equivalent/year
2023
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 378.4K t-CO2e/year (Scope 1+2) |
| 2022 | 379.1 thousand t-CO2e/year (Scope 1+2) |
| 2021-01 to 2021-12 | 422.3K tCO2e/year (2021) |
| 2017 | 473.5K tCO2e (2017) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- Completed expansion project at Chiba Plant, increasing isononanoic acid production capacity by 1.5 times.
- Decided to install a CO2 capture system at Chiba Plant to reuse CO2 emissions as raw material (completion scheduled for January 2025).
- Achieved 98.4% improvement in energy intensity compared to the previous year.
- Head office effectively switched to 100% renewable energy as of April 2023.
π― Climate & Sustainability Targets
π Short-term
- Reduce GHG emissions by 30% by 2030 (compared to 2017 levels).
π Medium-term
- Achieve carbon neutrality by 2050.
π Long-term
- Achieve carbon neutrality by 2050.
π± ESG Focus Areas
Climate ChangeSafetyHuman CapitalGovernanceSupply Chain ManagementHuman Rights