Sumitomo Forestry Co Ltd

Common Name
Sumitomo Forestry
Country
Japan
Sector
Consumer Cyclical
Industry
Residential Construction
Employees
26,741
Ticker
1911
Exchange
TOKYO STOCK EXCHANGE
Website
sfc.jp
Description
Sumitomo Forestry Co., Ltd. is a multinational corporation specializing in wood products, forestry, and real-estate related services. Operating under the broader umbrella of the Sumitomo Group, one of...

Sumitomo Forestry's Climate Target Data Preview

As of 2024, Sumitomo Forestry has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Forestry ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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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 Forestry's Greenhouse Gas Emissions Pathways

As of 2024, Sumitomo Forestry 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 Forestry have a target to reduce the emissions from its operations?

As of 2024, Sumitomo Forestry has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Sumitomo Forestry's most ambitious operational target is to reduce these emissions by 54.6% by 2030, compared to a baseline of 369,785 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.

As of 2023, Sumitomo Forestry is lagging behind on its operational emissions reduction target, having achieved 16.89% of the planned reduction.

Sumitomo Forestry's Operational (Scope 1+2) Emissions Pathway

2017202320242030095 k190 k285 k380 kCurrent (-9%)Target 2024 (-22%)Target 2030 (-55%)

Does Sumitomo Forestry have a target to reduce the emissions from its value chain?

As of 2024, Sumitomo Forestry has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

Sumitomo Forestry's most ambitious value chain target is to reduce these emissions by 16% by 2030, compared to a baseline of 8,895,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.

As of 2023, Sumitomo Forestry is lagging behind on its value chain emissions reduction target, having achieved 15.81% of the planned reduction.

Sumitomo Forestry's Value Chain (Scope 3) Emissions Pathway

20172023203002.5 M5 M7.5 M10 MCurrent (-3%)Target 2030 (-16%)
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