Sumitomo Heavy Industries Ltd

Common Name
Sumitomo Heavy Industries
Country
Japan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
25,337
Ticker
6302
Exchange
TOKYO STOCK EXCHANGE
Description
Sumitomo Heavy Industries Ltd. is a major player in the engineering and machinery manufacturing sector, focusing on a diverse array of products and technologies. Its core function is to develop and pr...

Sumitomo Heavy Industries's Climate Target Data Preview

As of 2024, Sumitomo Heavy Industries has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 Heavy Industries ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Sumitomo Heavy Industries’s Climate Targets Data

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a. Sumitomo Heavy Industries's Integrated Report 2024
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Insights into Sumitomo Heavy Industries's Greenhouse Gas Emissions Pathways

As of 2024, Sumitomo Heavy 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. a

Does Sumitomo Heavy Industries have a target to reduce the emissions from its operations?

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

Sumitomo Heavy Industries's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 211,500 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Sumitomo Heavy Industries is on track to meet its operational emissions reduction target, having achieved 35.46% of the planned reduction. a

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

201920232030055 k110 k165 k220 kBaselineCurrent (-18%)Target 2030 (-50%)

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

As of 2024, Sumitomo Heavy 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. a

Sumitomo Heavy Industries's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 225,549,245 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Sumitomo Heavy Industries has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Sumitomo Heavy Industries's Value Chain (Scope 3) Emissions Pathway

201920232030060 M120 M180 M240 MBaselineCurrent (-67%)Target 2030 (-30%)
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