Sumitomo Electric Industries Ltd
Sumitomo Electric Industries's Climate Target Data Preview
As of 2024, Sumitomo Electric Industries has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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 Electric Industries ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Heat, Scope 2 - Steam | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Heat, Scope 2 - Steam | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Sumitomo Electric Industries's Greenhouse Gas Emissions Pathways
As of 2024, Sumitomo Electric Industries 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.
Does Sumitomo Electric Industries have a target to reduce the emissions from its operations?
As of 2024, Sumitomo Electric Industries has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Sumitomo Electric Industries's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 2,035,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
As of 2023, Sumitomo Electric Industries is ahead of schedule on its operational emissions reduction target, having achieved 58% of the planned reduction.
Sumitomo Electric Industries's Operational (Scope 1+2) Emissions Pathway
Does Sumitomo Electric Industries have a target to reduce the emissions from its value chain?
As of 2024, Sumitomo Electric Industries has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Sumitomo Electric Industries's most ambitious value chain target is to reduce these emissions by 15% by 2030, compared to a baseline of 24,753,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
Instead of reducing value chain emissions, Sumitomo Electric Industries has increased them, with 2023 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target.