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Mitsubishi Chemical Group Corp

Common Name
Mitsubishi Chemical Group
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
63,258
Ticker
4188
Exchange
TOKYO STOCK EXCHANGE
Description
Mitsubishi Chemical Group Corporation is a leading Japanese holding company and integrated chemical manufacturer with a global footprint. The company operates across multiple segments, including chemi...

Mitsubishi Chemical Group's GHG Emissions Data Preview

In 2024, 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Mitsubishi Chemical Group’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 Mitsubishi Chemical Group’s data sources below and access millions more through our Disclosure Search.

a. Mitsubishi Chemical Group's ESG Data Spreadsheet 2024
a. Mitsubishi Chemical Group's ESG Data Spreadsheet 2024
b. Mitsubishi Chemical Group's ESG Data Spreadsheet 2023
b. Mitsubishi Chemical Group's ESG Data Spreadsheet 2023
c. Mitsubishi Chemical Group's Corporate Responsibility Report (CRR) 2022
c. Mitsubishi Chemical Group's Corporate Responsibility Report (CRR) 2022

Insights into Mitsubishi Chemical Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMitsubishi Chemical Group amounted to12,819,000metric 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 2023, the total operational greenhouse gas (GHG) emissions of Mitsubishi Chemical Groupdecreased by 7.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Mitsubishi Chemical Group's Scope 1 Emissions Over Time

20192020202120222023202402.5 M5 M7.5 M10 MtCO2e-8%+1%-15%-3%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Mitsubishi Chemical Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mitsubishi Chemical Group were 6,277,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

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

Since 2019, Mitsubishi Chemical Group's Scope 1 emissions have decreased by 25.76%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Mitsubishi Chemical Group's Scope 1 emissions decreased by 3.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Mitsubishi Chemical Group's Scope 2 emissions?

In 2024, Mitsubishi Chemical Group reported Scope 2 greenhouse gas (GHG) emissions of 6,542,000 tCOâ‚‚e without specifying the calculation method.a

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

Since 2019, Mitsubishi Chemical Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 19.97%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Mitsubishi Chemical Group's Scope 2 emissions(Unspecified Calculation Method) fell by 10.37% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

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

In 2024, Mitsubishi Chemical Group reported its Scope 2 emissions using an unspecified methodology.a

Mitsubishi Chemical Group's Scope 2 Emissions Over Time

20192020202120222023202402.5 M5 M7.5 M10 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Mitsubishi Chemical Group's Value Chain Emissions

In 2024, Mitsubishi Chemical Group reported 40,962,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Mitsubishi Chemical Group includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Mitsubishi Chemical Group's Scope 3 Emissions Over Time

201920202021202220232024015 M30 M45 M60 MtCO2e0%+3%-9%-4%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Mitsubishi Chemical Group's Scope 3 emissions?

In 2024, Mitsubishi Chemical Group reported total Scope 3 emissions of 40,962,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 50.04%of these emissions originated from upstream activities such as purchased goods and capital goods, while 49.96%came from downstream activities like product use, distribution, and end-of-life treatment.a

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

Since 2019, Mitsubishi Chemical Group's Scope 3 emissionshave decreased by 20.95%, reflecting a declining long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Mitsubishi Chemical Group's Scope 3 emissions decreased by 12.93%, highlighting the company's efforts to lower indirect emissions from its value chain.a

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

In 2024, Mitsubishi Chemical Group reported emissions for 12 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 Mitsubishi Chemical Group's Scope 3 emissions?

In 2024, the largest contributors to Mitsubishi Chemical Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 16,904,000 tCOâ‚‚e(41.27%)
  • Use of Sold Products (Cat. 11): 11,364,000 tCOâ‚‚e(27.74%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 7,152,000 tCOâ‚‚e(17.46%)

Mitsubishi Chemical Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(41.3%)End-of-LifeTreatment of SoldProducts (Cat. 12)(17.5%)Use of Sold Products(Cat. 11)(27.7%)

Insights into Mitsubishi Chemical Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Mitsubishi Chemical Group reported Scope 1 greenhouse gas (GHG) emissions of 6,277,000 tCOâ‚‚e and total revenues of USD 28,970 millions. This translates into an emissions intensity of 216.67 tCOâ‚‚e per millions USD.a

Mitsubishi Chemical Group's Scope 1 Emissions Intensity Compared to Peers

5,00050,0001,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2002,0005,00050,000200,000Revenues (Millions of USD)NUBEYear: 2024Scope 1: 2,780,000 tCO2eRevenue: $M 3,092Scope 1 Intensity: 899.12 tCO2e/$MMitsui ChemicalsYear: 2024Scope 1: 3,531,000 tCO2eRevenue: $M 11,554Scope 1 Intensity: 305.61 tCO2e/$MTaiheiyo CementYear: 2024Scope 1: 19,007,000 tCO2eRevenue: $M 5,852Scope 1 Intensity: 3,247.77 tCO2e/$MKansai PaintYear: 2024Scope 1: 72,187 tCO2eRevenue: $M 3,713Scope 1 Intensity: 19.44 tCO2e/$MSumitomo ChemicalYear: 2024Scope 1: 4,836,000 tCO2eRevenue: $M 16,158Scope 1 Intensity: 299.30 tCO2e/$MTosohYear: 2024Scope 1: 7,333,000 tCO2eRevenue: $M 6,641Scope 1 Intensity: 1,104.28 tCO2e/$MNNNOFYear: 2023Scope 1: 58,600 tCO2eRevenue: $M 1,634Scope 1 Intensity: 35.85 tCO2e/$MNippon Paint HoldingsYear: 2024Scope 1: 102,807 tCO2eRevenue: $M 10,438Scope 1 Intensity: 9.85 tCO2e/$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: $M 7,175Scope 1 Intensity: 51.43 tCO2e/$MKanekaYear: 2023Scope 1: 851,000 tCO2eRevenue: $M 5,674Scope 1 Intensity: 149.97 tCO2e/$MMitsubishi Gas ChemicalYear: 2024Scope 1: 619,000 tCO2eRevenue: $M 5,371Scope 1 Intensity: 115.24 tCO2e/$MNippon Sanso HoldingsYear: 2025Scope 1: 1,085,000 tCO2eRevenue: $M 8,722Scope 1 Intensity: 124.39 tCO2e/$MNagase & CoYear: 2024Scope 1: 39,383 tCO2eRevenue: $M 5,944Scope 1 Intensity: 6.63 tCO2e/$MNippon SteelYear: 2024Scope 1: 63,672,000 tCO2eRevenue: $M 58,558Scope 1 Intensity: 1,087.32 tCO2e/$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: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$MTokai CarbonYear: 2024Scope 1: 1,745,000 tCO2eRevenue: $M 2,230Scope 1 Intensity: 782.48 tCO2e/$MJFE HoldingsYear: 2024Scope 1: 44,000,000 tCO2eRevenue: $M 34,170Scope 1 Intensity: 1,287.70 tCO2e/$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: $M 3,685Scope 1 Intensity: 445.05 tCO2e/$MMitsubishi Chemical GroupYear: 2024Scope 1: 6,277,000 tCO2eRevenue: $M 28,970Scope 1 Intensity: 216.67 tCO2e/$M

How does Mitsubishi Chemical Group's GHG emissions intensity compare to its peers?

In 2024, Mitsubishi Chemical Group reported a Scope 1 emissions intensity of 216.67 tCOâ‚‚e per millions USD. Compared to the peer group median of 149.97, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Mitsubishi Chemical Group rank on GHG emissions intensity within its industry?

In 2024, Mitsubishi Chemical Group ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Mitsubishi Chemical Group's Total Carbon Footprint

In 2024, Mitsubishi Chemical Group reported a total carbon footprint of 53,781,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.61% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Mitsubishi Chemical Group's total carbon footprint was Scope 3 emissions, accounting for 76.16% of the company's total carbon footprint, followed by Scope 2 emissions at 12.16%.a

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