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Kaneka Corp

Common Name
Kaneka
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
11,544
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 GHG Emissions Data Preview

In 2023, Kaneka completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Kaneka has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Kaneka’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Kaneka’s data sources below and access millions more through our Disclosure Search.

a. Kaneka's ESG Data Spreadsheet 2024
a. Kaneka's ESG Data Spreadsheet 2024
b. Kaneka's ESG Data Spreadsheet 2023
b. Kaneka's ESG Data Spreadsheet 2023

Insights into Kaneka's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofKaneka amounted to1,536,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Kanekaincreased by 12.61%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Kaneka's Scope 1 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e-3%-2%-13%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Kaneka's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kaneka were 851,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Kaneka reduced its Scope 1 emissions over time?

Since 2019, Kaneka's Scope 1 emissions have decreased by 11.9%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), Kaneka's Scope 1 emissions increased by 7.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Kaneka's Scope 2 emissions?

In 2023, Kaneka reported Scope 2 greenhouse gas (GHG) emissions of 663,000 tCOâ‚‚e using the market-based method and 685,000 tCOâ‚‚e using the location-based method.a

What methodology does Kaneka use for Scope 2 reporting?

In 2023, Kaneka reported its Scope 2 emissions using the market-based method and using the location-based method.a

Kaneka's Scope 2 Emissions Over Time

201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kaneka's Value Chain Emissions

In 2023, Kaneka reported 3,567,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Kaneka includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 10 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Kaneka's Scope 3 Emissions Over Time

201920202021202220230900 k1.8 M2.7 M3.6 MtCO2e-8%+15%-3%+10%
  • Total Scope 3
  • Year-over-Year Change

What are Kaneka's Scope 3 emissions?

In 2023, Kaneka reported total Scope 3 emissions of 3,567,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 62.71%of these emissions originated from upstream activities such as purchased goods and capital goods, while 37.29%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Kaneka reduced its Scope 3 emissions over time?

Since 2019, Kaneka's Scope 3 emissionshave increased by 13.52%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2022), Kaneka's Scope 3 emissions remained relatively stable, indicating that Kaneka's emissions have plateaued with no significant change in its value chain footprint.ab

What categories of Scope 3 emissions does Kaneka disclose?

In 2023, Kaneka reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Kaneka's Scope 3 emissions?

In 2023, the largest contributors to Kaneka's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,817,000 tCOâ‚‚e(50.93%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 924,200 tCOâ‚‚e(25.9%)
  • Investments (Cat. 15): 406,300 tCOâ‚‚e(11.39%)

Kaneka's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(25.9%)Investments(Cat. 15)(11.4%)Purchased Goods andServices (Cat. 1)(50.9%)

Insights into Kaneka’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Kaneka reported Scope 1 greenhouse gas (GHG) emissions of 851,000 tCOâ‚‚e and total revenues of USD 5,674 millions. This translates into an emissions intensity of 149.97 tCOâ‚‚e per millions USD.a

Kaneka's Scope 1 Emissions Intensity Compared to Peers

2,00020,000200,0002,000,00020,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)NUBEYear: 2024Scope 1: 2,780,000 tCO2eRevenue: $M 3,092Scope 1 Intensity: 899.12 tCO2e/$MNippon ShokubaiYear: 2024Scope 1: 716,000 tCO2eRevenue: $M 2,589Scope 1 Intensity: 276.60 tCO2e/$MMitsui ChemicalsYear: 2024Scope 1: 3,531,000 tCO2eRevenue: $M 11,554Scope 1 Intensity: 305.61 tCO2e/$MKansai PaintYear: 2024Scope 1: 72,187 tCO2eRevenue: $M 3,713Scope 1 Intensity: 19.44 tCO2e/$MNNNOFYear: 2023Scope 1: 58,600 tCO2eRevenue: $M 1,634Scope 1 Intensity: 35.85 tCO2e/$MNippon Paint HoldingsYear: 2024Scope 1: 102,807 tCO2eRevenue: $M 10,438Scope 1 Intensity: 9.85 tCO2e/$MMatsuda SangyoYear: 2024Scope 1: 17,076 tCO2eRevenue: $M 2,381Scope 1 Intensity: 7.17 tCO2e/$MLintecYear: 2024Scope 1: 92,230 tCO2eRevenue: $M 1,825Scope 1 Intensity: 50.55 tCO2e/$MDICYear: 2024Scope 1: 282,856 tCO2eRevenue: $M 6,823Scope 1 Intensity: 41.46 tCO2e/$MAir WaterYear: 2025Scope 1: 369,000 tCO2eRevenue: $M 7,175Scope 1 Intensity: 51.43 tCO2e/$MMitsubishi Chemical GroupYear: 2024Scope 1: 6,277,000 tCO2eRevenue: $M 28,970Scope 1 Intensity: 216.67 tCO2e/$MOji HoldingsYear: 2024Scope 1: 5,791,000 tCO2eRevenue: $M 11,201Scope 1 Intensity: 517.01 tCO2e/$MMitsubishi MaterialsYear: 2025Scope 1: 787,000 tCO2eRevenue: $M 13,084Scope 1 Intensity: 60.15 tCO2e/$MMitsubishi Gas ChemicalYear: 2024Scope 1: 619,000 tCO2eRevenue: $M 5,371Scope 1 Intensity: 115.24 tCO2e/$MNagase & CoYear: 2024Scope 1: 39,383 tCO2eRevenue: $M 5,944Scope 1 Intensity: 6.63 tCO2e/$MTakasago InternationalYear: 2024Scope 1: 30,887 tCO2eRevenue: $M 1,294Scope 1 Intensity: 23.87 tCO2e/$MZeonYear: 2024Scope 1: 788,270 tCO2eRevenue: $M 2,524Scope 1 Intensity: 312.27 tCO2e/$MTokuyamaYear: 2024Scope 1: 5,743,000 tCO2eRevenue: $M 2,258Scope 1 Intensity: 2,543.12 tCO2e/$MNitto DenkoYear: 2024Scope 1: 291,000 tCO2eRevenue: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$MKurarayYear: 2024Scope 1: 1,917,000 tCO2eRevenue: $M 5,267Scope 1 Intensity: 363.96 tCO2e/$MResonac HoldingsYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 8,863Scope 1 Intensity: 372.33 tCO2e/$MTokai CarbonYear: 2024Scope 1: 1,745,000 tCO2eRevenue: $M 2,230Scope 1 Intensity: 782.48 tCO2e/$MSumitomo BakeliteYear: 2024Scope 1: 79,067 tCO2eRevenue: $M 1,897Scope 1 Intensity: 41.68 tCO2e/$MToyoboYear: 2025Scope 1: 592,000 tCO2eRevenue: $M 2,814Scope 1 Intensity: 210.36 tCO2e/$MDaicelYear: 2024Scope 1: 1,640,000 tCO2eRevenue: $M 3,685Scope 1 Intensity: 445.05 tCO2e/$MKanekaYear: 2023Scope 1: 851,000 tCO2eRevenue: $M 5,674Scope 1 Intensity: 149.97 tCO2e/$M

How does Kaneka's GHG emissions intensity compare to its peers?

In 2023, Kaneka reported a Scope 1 emissions intensity of 149.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 115.24, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Kaneka rank on GHG emissions intensity within its industry?

In 2023, Kaneka ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Kaneka is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Kaneka's Total Carbon Footprint

In 2023, Kaneka reported a total carbon footprint of 5,103,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.55% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Kaneka's total carbon footprint was Scope 3 emissions, accounting for 69.91% of the company's total carbon footprint, followed by Scope 1 emissions at 16.67%.a

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