- Achieving sufficient growth in the Solutions Business within the current Mid-term Management Plan timeframe
- Fierce competition in the chemical industry, including cost competition and commoditization of products
- Meeting GHG emission reduction targets while maintaining profitability
NIPPON SHOKUBAI CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, NIPPON SHOKUBAI CO., LTD. disclosed greenhouse gas emissions of 714.0K t-CO2e (FY2023 Japan including carbon offset). By scope: Scope 3: 971.5K t-CO2e (FY2023 Nippon Shokubai alone). 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
714.0K t-CO2e (FY2023 Japan including carbon offset)
2023-04 to 2024-03
Waste
651.0K tons (FY2023 including carbon offset)
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 971.5K t-CO2e (FY2023 Nippon Shokubai alone) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 15% in FY2023 compared to FY2014 (including carbon offset from carbon-neutral city gas)
- Obtained ISCC PLUS certification for bio-based acrylic acid and SAP using a mass balance system
- Reduced energy consumption intensity by 5% from FY2019 levels
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions by 30% from 2014 levels by 2030 (Japan)
📅 Medium-term
- Achieve 50% sales ratio for Solutions Business by 2030
- Expand Solutions business five-fold by 2030
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceSafetySupply Chain SustainabilityHuman Rights