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In 2024, Sumitomo Bakelite 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).
Sumitomo Bakelite has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofSumitomo Bakelite amounted to135,088metric 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 Sumitomo Bakelitedecreased by 13.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Sumitomo Bakelite were 79,067 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Sumitomo Bakelite's Scope 1 emissions have decreased by 2.6%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Sumitomo Bakelite's Scope 1 emissions decreased by 2.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Sumitomo Bakelite reported Scope 2 greenhouse gas (GHG) emissions of 56,021 tCOâ‚‚e using the market-based method.a
Compared to the previous year(2023), Sumitomo Bakelite's Scope 2 emissions(Market-Based) fell by 25.5% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Sumitomo Bakelite reported its Scope 2 emissions using the market-based method.a
In 2024, Sumitomo Bakelite reported 987,746 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 Sumitomo Bakelite includes a breakdown across 9of 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
In 2024, Sumitomo Bakelite reported total Scope 3 emissions of 987,746 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 94.72%of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.28%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Sumitomo Bakelite's Scope 3 emissions remained relatively stable, indicating that Sumitomo Bakelite's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Sumitomo Bakelite reported emissions for 9 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.
In 2024, the largest contributors to Sumitomo Bakelite's Scope 3 emissions were:a
In 2024, Sumitomo Bakelite reported Scope 1 greenhouse gas (GHG) emissions of 79,067 tCOâ‚‚e and total revenues of USD 1,897 millions. This translates into an emissions intensity of 41.68 tCOâ‚‚e per millions USD.a
In 2024, Sumitomo Bakelite reported a Scope 1 emissions intensity of 41.68 tCOâ‚‚e per millions USD. Compared to the peer group median of 123.1, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Sumitomo Bakelite ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Sumitomo Bakelite is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Sumitomo Bakelite reported a total carbon footprint of 1,122,834 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sumitomo Bakelite's total carbon footprint was Scope 3 emissions, accounting for 87.97% of the company's total carbon footprint, followed by Scope 1 emissions at 7.04%.a