Mitsubishi Chemical Advanced Materials AG (MCAM), a leading global manufacturer of high-performance materials, has announce its goal to achieve climate positivity in its own operations by 2030.

To achieve this, MCAM has set ambitious targets and actions to reduce its emissions and environmental impact, compensate for unavoidable emissions with high-quality carbon credits, and invest in carbon removal projects.

MCAM’s goals build on an in-depth gap analysis of its progress across all existing climate action carried out in 2020, which enabled the company to set the first essential milestone of becoming climate neutral by 2023. 

Half of MCAM’s 32 manufacturing and fabrication sites around the world already use 100% electricity based on renewable sources; 5 of these locations additionally compensate for their remaining emissions.

As a member of Mitsubishi Chemical Corporation, MCAM is committed to ‘Realizing KAITEKI’, the sustainability vision and strategy of the Mitsubishi Chemical Holdings Group (MCHC).

“At Mitsubishi Chemical Advanced Materials, our vision to put KAITEKI into practice is to give back more than we take. This same vision underscores our commitment to continuously look for innovative solutions to global challenges,” says Michael Koch, CEO of MCAM. “As a front runner in the industry, we have now set the target of becoming climate neutral by 2023 and climate positive by 2030. But we know we cannot do this alone. A key enabler in achieving our goal will be strong collaboration with our partners along the value chain.”