Sumitomo Bakelite Co Ltd

Common Name
Sumitomo Bakelite
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
7,981
Ticker
4203
Exchange
TOKYO STOCK EXCHANGE
Description
Sumitomo Bakelite Co., Ltd. is a leading Japanese company renowned for its production and innovation in the field of high-performance plastics and synthetic resins. As a pioneer in the development of ...

Sumitomo Bakelite's Climate Target Data Preview

As of 2023, Sumitomo Bakelite has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sumitomo Bakelite ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Sumitomo Bakelite's Greenhouse Gas Emissions Pathways

As of 2023, Sumitomo Bakelite has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Sumitomo Bakelite have a target to reduce the emissions from its operations?

As of 2023, Sumitomo Bakelite has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Sumitomo Bakelite's most ambitious operational target is to reduce these emissions by 72% by 2030, compared to a baseline of 117,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2013.

As of 2022, Sumitomo Bakelite is ahead of schedule on its operational emissions reduction target, having achieved 89.86% of the planned reduction.

Sumitomo Bakelite's Operational (Scope 1+2) Emissions Pathway

201320222030030 k60 k90 k120 kBaselineCurrent (-65%)
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