Kaneka Corp

Common Name
Kaneka
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
11,512
Ticker
4118
Exchange
TOKYO STOCK EXCHANGE
Description
Kaneka Corporation is a diversified chemical company that engages in the production of various chemical products, ranging from basic chemicals to high-tech materials. The corporation’s primary functio...

Kaneka's Climate Target Data Preview

As of 2022, Kaneka has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Kaneka ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Kaneka’s Climate Targets Data

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a. Kaneka's Integrated Report 2022
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Insights into Kaneka's Greenhouse Gas Emissions Pathways

As of 2022, Kaneka has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Kaneka have a target to reduce the emissions from its operations?

As of 2022, Kaneka has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Kaneka's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 1,550,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2013. a

Instead of reducing operational emissions, Kaneka has increased them, with 2021 levels exceeding those of the 2013 baseline, placing the company well behind its reduction target. a

Kaneka's Operational (Scope 1+2) Emissions Pathway

2013202120300400 k800 k1.2 M1.6 MCurrent (+0%)Target 2030 (-30%)
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