Sumitomo Chemical Co Ltd
Sumitomo Chemical's Climate Target Data Preview
As of 2024, Sumitomo Chemical 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 Chemical ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Sumitomo Chemical’s Climate Targets Data
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Insights into Sumitomo Chemical's Greenhouse Gas Emissions Pathways
As of 2024, Sumitomo Chemical has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
Does Sumitomo Chemical have a target to reduce the emissions from its operations?
As of 2024, Sumitomo Chemical has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Sumitomo Chemical's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 9,540,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2013. a
As of 2023, Sumitomo Chemical is ahead of schedule on its operational emissions reduction target, having achieved 94.58% of the planned reduction. a
Sumitomo Chemical's Operational (Scope 1+2) Emissions Pathway
Does Sumitomo Chemical have a target to reduce the emissions from its value chain?
As of 2024, Sumitomo Chemical has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Sumitomo Chemical's most ambitious value chain target is to reduce these emissions by 14% by 2030, compared to a baseline of 2,931,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a
Sumitomo Chemical has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a