Kuraray Co., Ltd.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:2896 thousand tons-CO2
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- GHG emissions reduction
- Sustainable growth
- Stakeholder engagement
- Portfolio optimization
Environmental Achievements
- Achieved 2019 GHG emission levels in 2022 despite increased production.
- Implemented internal carbon pricing (ICP) system.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce GHG emissions by 30% from 2019 levels by 2030.
Environmental Challenges
- Increased GHG emissions due to new plants and production facilities.
- High GHG emissions from US coal-based activated carbon plant.
Mitigation Strategies
- Investing 300 billion yen in GHG emission reduction by 2026 (part of a 3,800 billion yen total investment).
- Exploring CCS and CCU technologies.
- Promoting energy saving and renewable energy at production sites.
- Considering M&A in high-growth areas (high-performance plastics, dental materials, carbon materials).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: WBCSD PSA Guidelines
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
- Innovation
- Transformation of people and organization
Environmental Achievements
- Reduced GHG emissions (Scope 1 & 2) by 30% compared to 2019 benchmark.
- Implemented energy-saving projects and increased renewable energy use through power purchase agreements.
- Established a project team to explore CCUS for CO2 reduction.
Social Achievements
- Established a global human resources center and reorganized into project teams.
- Implemented initiatives to improve global human resource utilization.
- Strengthened global production systems in various regions.
Governance Achievements
- Implemented the Kuraray PSA (Portfolio Sustainability Assessment) system to evaluate the sustainability of products and technologies.
- Established a global PSM (Process Safety Management) audit system for chemical and activated carbon plants.
- Enhanced the global security management system at overseas production sites.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050.
Medium-term Goals:
- Achieve carbon neutrality by 2050.
Short-term Goals:
- Reduce GHG emissions (Scope 1 & 2) by 30% compared to 2019 benchmark by 2030.
Environmental Challenges
- Addressing GHG emissions and achieving carbon neutrality by 2050.
- Developing a global human resource system to support rapid growth.
- Ensuring safety and security across global operations.
Mitigation Strategies
- Implementing the “PASSION 2026” mid-term management plan with three key challenges: Sustainability as an opportunity, Innovation through networking, and Transformation of people and organization.
- Establishing the Innovation Networking Center (INC) to connect internal and external resources for innovation.
- Implementing digital transformation initiatives to improve efficiency and decision-making.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: WBCSD
Sustainable Products & Innovation
- EVOH resin (EVAL)
- Bio-based gas barrier material (PLANTIC)
- Activated carbon