Sumitomo Electric Industries Ltd

Common Name
Sumitomo Electric Industries
Country
Japan
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
293,266
Ticker
5802
Exchange
TOKYO STOCK EXCHANGE
Description
Sumitomo Electric Industries Ltd. is a prominent global company that produces and markets a diverse range of products and systems. The company operates primarily in the manufacturing of electric wires...

Sumitomo Electric Industries's GHG Emissions Data Preview

In 2023, Sumitomo Electric Industries completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Sumitomo Electric Industries has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sumitomo Electric Industries amounted to 1,390,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Sumitomo Electric Industries increased by 0.22%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Sumitomo Electric Industries's Scope 1 Emissions Over Time

20192020202120222023085 k170 k255 k340 ktCO2e-2%-18%-16%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Sumitomo Electric Industries's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sumitomo Electric Industries were 214,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sumitomo Electric Industries reduced its Scope 1 emissions over time?

Since 2019, Sumitomo Electric Industries's Scope 1 emissions have decreased by 35.74%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Sumitomo Electric Industries's Scope 1 emissions decreased by 4.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Sumitomo Electric Industries's Scope 2 emissions?

In 2023, Sumitomo Electric Industries reported Scope 2 greenhouse gas (GHG) emissions of 1,176,000 tCOâ‚‚e without specifying the calculation method.

Has Sumitomo Electric Industries reduced its Scope 2 emissions over time?

Since 2019, Sumitomo Electric Industries's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 21.6%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Sumitomo Electric Industries's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sumitomo Electric Industries 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Sumitomo Electric Industries use for Scope 2 reporting?

In 2023, Sumitomo Electric Industries reported its Scope 2 emissions using an unspecified methodology.

Sumitomo Electric Industries's Scope 2 Emissions Over Time

201920202021202220230400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sumitomo Electric Industries's Value Chain Emissions

In 2023, Sumitomo Electric Industries reported 26,597,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Sumitomo Electric Industries includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Sumitomo Electric Industries's Scope 3 Emissions Over Time

2019202020212022202307 M14 M21 M28 MtCO2e-3%0%-4%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Sumitomo Electric Industries's Scope 3 emissions?

In 2023, Sumitomo Electric Industries reported total Scope 3 emissions of 26,597,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 58.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 41.96% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sumitomo Electric Industries reduced its Scope 3 emissions over time?

Since 2019, Sumitomo Electric Industries's Scope 3 emissions have increased by 12.21%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Sumitomo Electric Industries's Scope 3 emissions increased by 19.97%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Sumitomo Electric Industries disclose?

In 2023, Sumitomo Electric Industries reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Sumitomo Electric Industries's Scope 3 emissions?

In 2023, the largest contributors to Sumitomo Electric Industries's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 14,446,000 tCOâ‚‚e (54.31%)
  • Use of Sold Products (Cat. 11): 11,158,000 tCOâ‚‚e (41.95%)
  • Capital Goods (Cat. 2): 542,000 tCOâ‚‚e (2.04%)

Sumitomo Electric Industries's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(42.0%)Capital Goods(Cat. 2)(2.0%)Purchased Goods andServices (Cat. 1)(54.3%)

Insights into Sumitomo Electric Industries's Total Carbon Footprint

In 2023, Sumitomo Electric Industries reported a total carbon footprint of 27,987,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.81% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Sumitomo Electric Industries's total carbon footprint was Scope 3 emissions, accounting for 95.03% of the company's total carbon footprint, followed by Scope 2 emissions at 4.2%.