Sumitomo Bakelite
Sumitomo Bakelite Co., Ltd., a leading player in the advanced materials industry, is headquartered in Japan. Established in 1913, the company has evolved significantly, marking key milestones in the development of high-performance plastics and resins. With a strong presence in Asia, Europe, and North America, Sumitomo Bakelite excels in sectors such as automotive, electronics, and industrial applications. The company is renowned for its innovative core products, including phenolic resins and thermosetting plastics, which are distinguished by their durability and heat resistance. Sumitomo Bakelite's commitment to research and development has solidified its market position, making it a trusted partner for various industries. Notable achievements include advancements in eco-friendly materials, reflecting the company's dedication to sustainability and technological excellence.
DitchCarbon Score
How does Sumitomo Bakelite's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sumitomo Bakelite's score of 40 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Bakelite's reported carbon emissions
In 2024, Sumitomo Bakelite reported total carbon emissions of approximately 1,017,540,000 kg CO2e, comprising 79,554,000 kg CO2e from Scope 1, 75,195,000 kg CO2e from Scope 2, and a significant 947,000,000 kg CO2e from Scope 3 emissions. The combined emissions from Scope 1 and 2 totalled about 154,750,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 46% reduction in CO2 emissions by 2030 from a fiscal 2013 baseline for both Scope 1 and 2 emissions. Additionally, they target a 25% reduction in Scope 3 emissions within the same timeframe. Long-term, Sumitomo Bakelite strives to achieve net-zero emissions across all scopes by 2050, with specific goals for Scope 1 and 2 emissions. These targets are aligned with the Science Based Targets initiative (SBTi), which confirms that their near-term targets are consistent with the reductions required to limit global warming to 1.5°C. The company is committed to transparency and accountability in its climate strategy, reflecting a proactive approach to sustainability in the chemicals sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 90,643,000 | 00,000,000 | - | - | - | - | - | 00,000,000 |
| Scope 2 | 145,869,000 | 000,000,000 | - | - | - | - | - | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sumitomo Bakelite is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
