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In 2024, 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 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofSumitomo Electric Industries amounted to1,619,000metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Sumitomo Electric Industriesdecreased by 3.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Sumitomo Electric Industries were 266,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Sumitomo Electric Industries's Scope 1 emissions have decreased by 20.12%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Sumitomo Electric Industries's Scope 1 emissions decreased by 7.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Sumitomo Electric Industries reported Scope 2 greenhouse gas (GHG) emissions of 1,353,000 tCOâ‚‚e without specifying the calculation method.a
Since 2019, Sumitomo Electric Industries's Scope 2 greenhouse gas (GHG) 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.ab
Compared to the previous year(2023), 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.a
In 2024, Sumitomo Electric Industries reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Sumitomo Electric Industries reported 25,020,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Sumitomo Electric Industries includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Sumitomo Electric Industries reported total Scope 3 emissions of 25,020,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 51.49%of these emissions originated from upstream activities such as purchased goods and capital goods, while 48.51%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Sumitomo Electric Industries's Scope 3 emissionshave remained relatively stable, indicating that Sumitomo Electric Industries's emissions have plateaued with no significant change in its value chain footprint.ab
Compared to the previous year (2023), Sumitomo Electric Industries's Scope 3 emissions decreased by 16.72%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Sumitomo Electric Industries reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Sumitomo Electric Industries's Scope 3 emissions were:a
In 2024, Sumitomo Electric Industries reported Scope 1 greenhouse gas (GHG) emissions of 266,000 tCOâ‚‚e and total revenues of USD 29,073 millions. This translates into an emissions intensity of 9.15 tCOâ‚‚e per millions USD.a
In 2024, Sumitomo Electric Industries reported a Scope 1 emissions intensity of 9.15 tCOâ‚‚e per millions USD. Compared to the peer group median of 9.92, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Sumitomo Electric Industries ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Sumitomo Electric Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Sumitomo Electric Industries reported a total carbon footprint of 26,639,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.03% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Sumitomo Electric Industries's total carbon footprint was Scope 3 emissions, accounting for 93.92% of the company's total carbon footprint, followed by Scope 2 emissions at 5.08%.a