Mitsubishi Chemical Group Corp

Common Name
Mitsubishi Chemical Group
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
66,358
Ticker
4188
Exchange
TOKYO STOCK EXCHANGE
Description
Mitsubishi Chemical Group Corporation is a prominent entity in the chemical industry, known for its diversified portfolio spanning a wide range of chemical products and services. Its primary function ...

Mitsubishi Chemical Group's GHG Emissions Data Preview

In 2023, Mitsubishi Chemical Group 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).

Mitsubishi Chemical Group has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Mitsubishi Chemical Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Mitsubishi Chemical Group amounted to 14,026,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Mitsubishi Chemical Group decreased by 2.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Mitsubishi Chemical Group's Scope 1 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e+25%-8%+1%-15%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Mitsubishi Chemical Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Mitsubishi Chemical Group were 6,727,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Mitsubishi Chemical Group reduced its Scope 1 emissions over time?

Since 2018, Mitsubishi Chemical Group's Scope 1 emissions have remained relatively, stable, indicating that Mitsubishi Chemical Group's emissions have plateaued with no significant change in its operational footprint.

Compared to the previous year (2022), Mitsubishi Chemical Group's Scope 1 emissions remained relatively stable, indicating that Mitsubishi Chemical Group's emissions have plateaued with no significant change in its operational footprint.

What are Mitsubishi Chemical Group's Scope 2 emissions?

In 2023, Mitsubishi Chemical Group reported Scope 2 greenhouse gas (GHG) emissions of 7,299,000 tCOâ‚‚e without specifying the calculation method.

Has Mitsubishi Chemical Group reduced its Scope 2 emissions over time?

Since 2018, Mitsubishi Chemical Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Mitsubishi Chemical Group 's emissions have plateaued with no significant change in its energy consumption footprint.

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

What methodology does Mitsubishi Chemical Group use for Scope 2 reporting?

In 2023, Mitsubishi Chemical Group reported its Scope 2 emissions using an unspecified methodology.

Mitsubishi Chemical Group's Scope 2 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Mitsubishi Chemical Group's Value Chain Emissions

In 2023, Mitsubishi Chemical Group reported 47,046,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Mitsubishi Chemical Group includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 11 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Mitsubishi Chemical Group's Scope 3 Emissions Over Time

201820192020202120222023015 M30 M45 M60 MtCO2e+5%0%+3%-9%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Mitsubishi Chemical Group's Scope 3 emissions?

In 2023, Mitsubishi Chemical Group reported total Scope 3 emissions of 47,046,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 45.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 54.5% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Mitsubishi Chemical Group reduced its Scope 3 emissions over time?

Since 2018, Mitsubishi Chemical Group's Scope 3 emissions have remained relatively stable, indicating that Mitsubishi Chemical Group 's emissions have plateaued with no significant change in its value chain footprint.

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

What categories of Scope 3 emissions does Mitsubishi Chemical Group disclose?

In 2023, Mitsubishi Chemical Group reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of Mitsubishi Chemical Group's Scope 3 emissions?

In 2023, the largest contributors to Mitsubishi Chemical Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 17,749,000 tCOâ‚‚e (37.73%)
  • Use of Sold Products (Cat. 11): 16,146,000 tCOâ‚‚e (34.32%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 7,681,000 tCOâ‚‚e (16.33%)

Mitsubishi Chemical Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(34.3%)Purchased Goods andServices (Cat. 1)(37.7%)End-of-LifeTreatment of SoldProducts (Cat. 12)(16.3%)

Insights into Mitsubishi Chemical Group's Total Carbon Footprint

In 2023, Mitsubishi Chemical Group reported a total carbon footprint of 61,072,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.59% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Mitsubishi Chemical Group's total carbon footprint was Scope 3 emissions, accounting for 77.03% of the company's total carbon footprint, followed by Scope 2 emissions at 11.95%.