Mitsubishi Materials Corp

Common Name
Mitsubishi Materials
Country
Japan
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
18,452
Ticker
5711
Exchange
TOKYO STOCK EXCHANGE
Description
Mitsubishi Materials Corporation is a major player in the materials industry, primarily engaged in the manufacture and sale of diverse materials and related products. As part of the Mitsubishi Group, ...

Mitsubishi Materials's GHG Emissions Data Preview

In 2024, Mitsubishi Materials 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 Materials 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Verified Sources Behind Mitsubishi Materials’s Greenhouse Gas (GHG) Emissions Data

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a. Mitsubishi Materials's Sustainability Report 2024
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Insights into Mitsubishi Materials's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Mitsubishi Materials amounted to 1,722,000 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 2023, the total operational greenhouse gas (GHG) emissions of Mitsubishi Materials decreased by 10.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Mitsubishi Materials's Scope 1 Emissions Over Time

202120222023202402 M4 M6 M8 MtCO2e-1%-86%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Mitsubishi Materials's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mitsubishi Materials were 962,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Mitsubishi Materials reduced its Scope 1 emissions over time?

Since 2021, Mitsubishi Materials's Scope 1 emissions have decreased by 85.82%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Mitsubishi Materials's Scope 1 emissions increased by 4.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Mitsubishi Materials's Scope 2 emissions?

In 2024, Mitsubishi Materials reported Scope 2 greenhouse gas (GHG) emissions of 709,000 tCO₂e using the market-based method and 760,000 tCO₂e using the location-based method. a

What methodology does Mitsubishi Materials use for Scope 2 reporting?

In 2024, Mitsubishi Materials reported its Scope 2 emissions using the market-based method and using the location-based method. a

Mitsubishi Materials's Scope 2 Emissions Over Time

20212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mitsubishi Materials's Value Chain Emissions

In 2024, Mitsubishi Materials reported 10,734,000 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 2024 disclosure of Mitsubishi Materials includes a breakdown across 11 of 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 Materials's Scope 3 Emissions Over Time

202120222023202403 M6 M9 M12 MtCO2e+12%+267%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Mitsubishi Materials's Scope 3 emissions?

In 2024, Mitsubishi Materials reported total Scope 3 emissions of 10,734,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 44.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 55.85% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Mitsubishi Materials reduced its Scope 3 emissions over time?

Since 2021, Mitsubishi Materials's Scope 3 emissions have increased by 268.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Mitsubishi Materials's Scope 3 emissions decreased by 10.34%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Mitsubishi Materials disclose?

In 2024, Mitsubishi Materials 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 Mitsubishi Materials's Scope 3 emissions?

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

  • Investments (Cat. 15): 5,465,000 tCO₂e (50.91%)
  • Purchased Goods and Services (Cat. 1): 3,323,000 tCO₂e (30.95%)
  • Upstream Transportation and Distribution (Cat. 4): 743,000 tCO₂e (6.92%)

Mitsubishi Materials's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(6.9%)Investments(Cat. 15)(50.9%)Purchased Goods andServices (Cat. 1)(31.0%)

Insights into Mitsubishi Materials's Total Carbon Footprint

In 2024, Mitsubishi Materials reported a total carbon footprint of 12,456,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.31% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Mitsubishi Materials's total carbon footprint was Scope 3 emissions, accounting for 86.18% of the company's total carbon footprint, followed by Scope 1 emissions at 7.72%. a

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