Kuraray Co Ltd

Common Name
Kuraray
Country
Japan
Sector
Basic Materials
Industry
Chemicals
Employees
11,941
Ticker
3405
Exchange
TOKYO STOCK EXCHANGE
Description
Kuraray Co., Ltd. is a distinguished multinational conglomerate specializing in the development, production, and sale of a broad range of chemical products, fibers, and textiles. Established in 1926 a...

Kuraray's GHG Emissions Data Preview

In 2023, Kuraray 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).

Kuraray has also provided a category-level breakdown for 5 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Kuraray’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 Kuraray’s data sources below and access millions more through our Disclosure Search.

a. Kuraray's Webpage captured from company’s website 2024
a. Kuraray's Webpage captured from company’s website 2024

Insights into Kuraray's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kuraray amounted to 2,700,000 metric 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 Kuraray decreased by 6.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Kuraray's Scope 1 Emissions Over Time

2018201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e+3%-1%-4%-5%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Kuraray's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kuraray were 1,748,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Kuraray reduced its Scope 1 emissions over time?

Since 2018, Kuraray's Scope 1 emissions have decreased by 12.6%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Kuraray's Scope 1 emissions decreased by 6.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Kuraray's Scope 2 emissions?

In 2023, Kuraray reported Scope 2 greenhouse gas (GHG) emissions of 952,000 tCO₂e without specifying the calculation method. a

Has Kuraray reduced its Scope 2 emissions over time?

Since 2018, Kuraray's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 19.87%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Kuraray's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Kuraray 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Kuraray use for Scope 2 reporting?

In 2023, Kuraray reported its Scope 2 emissions using an unspecified methodology. a

Kuraray's Scope 2 Emissions Over Time

2018201920202021202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kuraray's Value Chain Emissions

In 2023, Kuraray reported 890,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Kuraray includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Kuraray's Scope 3 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e-30%+27%+19%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Kuraray's Scope 3 emissions?

In 2023, Kuraray reported total Scope 3 emissions of 890,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Kuraray's Scope 3 emissions decreased by 11.18%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Kuraray disclose?

In 2023, Kuraray reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Purchased Goods and Services (Cat. 1): 597,000 tCO₂e (67.08%)
  • Fuel- and Energy-Related Services (Cat. 3): 149,000 tCO₂e (16.74%)
  • Capital Goods (Cat. 2): 108,000 tCO₂e (12.13%)

Kuraray's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(12.1%)Purchased Goods andServices (Cat. 1)(67.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(16.7%)

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

In 2023, Kuraray reported Scope 1 greenhouse gas (GHG) emissions of 1,748,000 tCO₂e and total revenues of USD 5,522 millions. This translates into an emissions intensity of 316.57 tCO₂e per millions USD. a

Kuraray's Scope 1 Emissions Intensity Compared to Peers

1,00020,000500,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000200,000Revenues (Millions of USD)DUBEYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 3,714Scope 1 Intensity: 904.63 tCO2e/$MNippon ShokubaiYear: 2023Scope 1: 612,000 tCO2eRevenue: $M 3,150Scope 1 Intensity: 194.29 tCO2e/$MNissan ChemicalYear: 2023Scope 1: 180,409 tCO2eRevenue: $M 1,712Scope 1 Intensity: 105.37 tCO2e/$MKansai PaintYear: 2023Scope 1: 75,009 tCO2eRevenue: $M 3,822Scope 1 Intensity: 19.63 tCO2e/$MSumitomo ChemicalYear: 2024Scope 1: 4,836,000 tCO2eRevenue: $M 16,158Scope 1 Intensity: 299.30 tCO2e/$MTosohYear: 2023Scope 1: 7,645 tCO2eRevenue: $M 7,991Scope 1 Intensity: 0.96 tCO2e/$MLintecYear: 2023Scope 1: 91,490 tCO2eRevenue: $M 2,137Scope 1 Intensity: 42.82 tCO2e/$MDOWA HoldingsYear: 2022Scope 1: 1,039,000 tCO2eRevenue: $M 6,817Scope 1 Intensity: 152.42 tCO2e/$MKanekaYear: 2022Scope 1: 624,100 tCO2eRevenue: $M 5,667Scope 1 Intensity: 110.12 tCO2e/$MMitsubishi Chemical GroupYear: 2023Scope 1: 6,727,000 tCO2eRevenue: $M 34,794Scope 1 Intensity: 193.34 tCO2e/$MOji HoldingsYear: 2024Scope 1: 5,791,000 tCO2eRevenue: $M 11,201Scope 1 Intensity: 517.01 tCO2e/$MMitsubishi MaterialsYear: 2024Scope 1: 962,000 tCO2eRevenue: $M 10,173Scope 1 Intensity: 94.56 tCO2e/$MMitsubishi Gas ChemicalYear: 2023Scope 1: 715,000 tCO2eRevenue: $M 5,865Scope 1 Intensity: 121.91 tCO2e/$MNippon Sanso HoldingsYear: 2024Scope 1: 1,062,000 tCO2eRevenue: $M 8,288Scope 1 Intensity: 128.14 tCO2e/$MNagase & CoYear: 2022Scope 1: 31,099 tCO2eRevenue: $M 6,397Scope 1 Intensity: 4.86 tCO2e/$MNippon SteelYear: 2023Scope 1: 64,007,000 tCO2eRevenue: $M 59,876Scope 1 Intensity: 1,068.99 tCO2e/$MDenkaYear: 2023Scope 1: 1,393,000 tCO2eRevenue: $M 3,060Scope 1 Intensity: 455.27 tCO2e/$MTakasago InternationalYear: 2023Scope 1: 28,866 tCO2eRevenue: $M 1,402Scope 1 Intensity: 20.58 tCO2e/$MDDDaio PaperYear: 2023Scope 1: 3,153,000 tCO2eRevenue: $M 4,851Scope 1 Intensity: 649.91 tCO2e/$MShin-Etsu ChemicalYear: 2024Scope 1: 2,326,000 tCO2eRevenue: $M 15,946Scope 1 Intensity: 145.86 tCO2e/$MDaido SteelYear: 2022Scope 1: 367,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 84.55 tCO2e/$MKobe SteelYear: 2024Scope 1: 14,200,000 tCO2eRevenue: $M 16,793Scope 1 Intensity: 845.59 tCO2e/$MNitto DenkoYear: 2024Scope 1: 291,000 tCO2eRevenue: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$MResonac HoldingsYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 8,863Scope 1 Intensity: 372.33 tCO2e/$MSumitomo Metal MiningYear: 2024Scope 1: 1,724,000 tCO2eRevenue: $M 9,544Scope 1 Intensity: 180.63 tCO2e/$MKurarayYear: 2023Scope 1: 1,748,000 tCO2eRevenue: $M 5,522Scope 1 Intensity: 316.57 tCO2e/$M

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

In 2023, Kuraray reported a Scope 1 emissions intensity of 316.57 tCO₂e per millions USD. Compared to the peer group median of 145.86 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, Kuraray ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Kuraray's Total Carbon Footprint

In 2023, Kuraray reported a total carbon footprint of 3,590,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.93% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Kuraray's total carbon footprint was Scope 1 emissions, accounting for 48.69% of the company's total carbon footprint, followed by Scope 2 emissions at 26.52%. a

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