Shin-Etsu Chemical Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas)🗂️ Report periods on file: 2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas)

In its 2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas) reporting, Shin-Etsu Chemical Co., Ltd. disclosed greenhouse gas emissions of 6.5K thousand tons of CO2e/year (Scope 1+2). By scope: Scope 1: 2.2K thousand tons of CO2e/year; Scope 2: 4.3K thousand tons of CO2e/year; Scope 3: 10.9K thousand tons of CO2e/year. 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
6.5K thousand tons of CO2e/year (Scope 1+2)
2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas)
💧
Water Usage
2.5K million m3/year (withdrawal)
2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas)
♻️
Waste
105 thousand tons/year (Japan)
2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas)

📊 Emissions by Scope (2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas))

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.2K thousand tons of CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.3K thousand tons of CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).10.9K thousand tons of CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce greenhouse gas emissions intensity to 45% of 1990 levels by 2025.
  • Reduce energy consumption by 1% per unit production annually.

📅 Medium-term

  • Achieve carbon neutrality by 2050 (scopes 1 and 2).

🔭 Long-term

  • Achieve carbon neutrality by 2050 (scopes 1 and 2).

🌱 ESG Focus Areas

Legal compliance, fair corporate activitiesHealth and safety of employees and contractorsEnergy-saving, resource-saving, and reduction of environmental impactsProduct quality improvements and product safety controlPromoting CSR procurement and the diversification of supply sourcesRespect for human rights, the development of human resources, and the promotion of diversityRespect for and protection of intellectual propertyContribution to industry and social initiativesAccurate and timely information disclosure and communication with stakeholders

⚠️ Challenges & Risks +

  • Achieving carbon neutrality while maintaining cost competitiveness.
  • Securing raw materials and managing supply chain disruptions.
  • Addressing risks related to climate change (physical and transition risks).
  • Maintaining compliance with laws and regulations.
  • Preventing corruption and bribery.

📋 Report Information

Reporting Period: 2023-04 to 2024-03 (Japan); 2023-01 to 2023-12 (Overseas)
Frameworks: GRI Standards, TCFD, UN Global Compact