Mitsubishi Chemical Holdings
Performance products, health care & industrial materials
Formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. It is a Kaiteki company where everyone undertakes activities aimed at resolving environmental and social issues. It has 5 segments which are Electronics Applications, Designed Materials, Health Care, Chemicals and Polymers in 444 affiliate and subsidiary companies. Part of the Mitsubishi keiretsu.

Overall

Owned JPN
Rating C
About the Ratings
Mitsubishi Chemical Holdings Corporation
JPN

Company Assessment

(Last updated Mar 2024)
Mitsubishi Chemical Holdings Corporation
Praise
CDP Climate Change score of A-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A-.
Source: CDP (2023)
CDP Water Security score of A-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of A-.
Source: CDP (2023)
79/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 79/100 in the Chemicals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Criticism
Single-use plastic waste producer
This company is the world's 31th largest producer of single-use plastic waste, according to Minderoo Foundation's 2021 Plastic Waste Makers Index. In 2019, just 20 polymer producers accounted for more than half of all single-use plastic waste generated globally, and the top 100 accounted for 90 per cent. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
Information
1.8% in Newsweek Green Ranking 2017
This company received a score of 1.8/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Sustainability claims
This company has sustainability claims on its website in the areas of: reducing environmental impact through products and services; taking actions against the depletion of natural resources and implement energy-saving initiatives; and contributing to solving social and environmental issues through supply chain management
Alliance to End Plastic Waste member
This company is a member of the Alliance to End Plastic Waste which aims to eliminate plastic waste in the environment.
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Company Details

Type:
Public company
Revenue:
34 billion USD (2014)
Employees:
56,031 (2014)

Contact Details

Address:
Tokyo, Japan
Website:
www.mitsubishichem-hd.co.jp/english/

Products / Brands