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 GHG Emissions Data Preview

In 2023, Sumitomo Heavy 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 Heavy Industries has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sumitomo Heavy Industries’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Sumitomo Heavy Industries’s data sources below and access millions more through our Disclosure Search.

a. Sumitomo Heavy Industries's Integrated Report 2024
a. Sumitomo Heavy Industries's Integrated Report 2024
b. Sumitomo Heavy Industries's Integrated Report 2023
b. Sumitomo Heavy Industries's Integrated Report 2023

Insights into Sumitomo Heavy Industries's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sumitomo Heavy Industries amounted to 156,903 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Sumitomo Heavy Industries decreased by 17.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Sumitomo Heavy Industries's Scope 1 Emissions Over Time

201820192020202120222023010 k20 k30 k40 ktCO2e+6%-8%+2%+3%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Sumitomo Heavy Industries's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sumitomo Heavy Industries were 36,272 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2018, Sumitomo Heavy Industries's Scope 1 emissions have decreased by 3.72%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Sumitomo Heavy Industries's Scope 1 emissions decreased by 5.59%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sumitomo Heavy Industries's Scope 2 emissions?

In 2023, Sumitomo Heavy Industries reported Scope 2 greenhouse gas (GHG) emissions of 120,631 tCO₂e using the market-based method. a

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

Since 2018, Sumitomo Heavy Industries's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 18.32%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Sumitomo Heavy Industries's Scope 2 emissions (Market-Based) fell by 20.47% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

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

In 2023, Sumitomo Heavy Industries reported its Scope 2 emissions using the market-based method. a

Sumitomo Heavy Industries's Scope 2 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 Market-Based

Insights into Sumitomo Heavy Industries's Value Chain Emissions

In 2023, Sumitomo Heavy Industries reported 76,761,105 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Sumitomo Heavy Industries includes a breakdown across 10 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. a

Sumitomo Heavy Industries's Scope 3 Emissions Over Time

201820192020202120222023060 M120 M180 M240 MtCO2e+45479%-45%+11%-41%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Sumitomo Heavy Industries's Scope 3 emissions?

In 2023, Sumitomo Heavy Industries reported total Scope 3 emissions of 76,761,105 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 1.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.31% came from downstream activities like product use, distribution, and end-of-life treatment. a

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

Since 2018, Sumitomo Heavy Industries's Scope 3 emissions have increased by 15,375.53%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Sumitomo Heavy Industries's Scope 3 emissions remained relatively stable, indicating that Sumitomo Heavy Industries 's emissions have plateaued with no significant change in its value chain footprint. a

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

In 2023, Sumitomo Heavy Industries reported emissions for 10 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.

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

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

  • Use of Sold Products (Cat. 11): 75,463,187 tCO₂e (98.31%)
  • Purchased Goods and Services (Cat. 1): 1,095,515 tCO₂e (1.43%)
  • Capital Goods (Cat. 2): 140,793 tCO₂e (0.18%)

Sumitomo Heavy Industries's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(1.4%)Use of Sold Products(Cat. 11)(98.3%)

Insights into Sumitomo Heavy Industries’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Sumitomo Heavy Industries reported Scope 1 greenhouse gas (GHG) emissions of 36,272 tCO₂e and total revenues of USD 7,647 millions. This translates into an emissions intensity of 4.74 tCO₂e per millions USD. a

Sumitomo Heavy Industries's Scope 1 Emissions Intensity Compared to Peers

502,00050,0002,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HHHHarmonic Drive SystemsYear: 2023Scope 1: 209 tCO2eRevenue: $M 537Scope 1 Intensity: 0.39 tCO2e/$MMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MNabtescoYear: 2023Scope 1: 4,929 tCO2eRevenue: $M 2,359Scope 1 Intensity: 2.09 tCO2e/$MKawasaki Heavy IndustriesYear: 2024Scope 1: 142,390 tCO2eRevenue: $M 12,211Scope 1 Intensity: 11.66 tCO2e/$MUlvacYear: 2023Scope 1: 6,397 tCO2eRevenue: $M 1,572Scope 1 Intensity: 4.07 tCO2e/$MJapan Steel WorksYear: 2023Scope 1: 61,000 tCO2eRevenue: $M 1,792Scope 1 Intensity: 34.04 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MHoshizakiYear: 2024Scope 1: 2,192 tCO2eRevenue: $M 2,838Scope 1 Intensity: 0.77 tCO2e/$MEbaraYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 5,520Scope 1 Intensity: 12.86 tCO2e/$MAzbilYear: 2023Scope 1: 4,329 tCO2eRevenue: $M 2,090Scope 1 Intensity: 2.07 tCO2e/$MYokogawa ElectricYear: 2024Scope 1: 12,141 tCO2eRevenue: $M 3,567Scope 1 Intensity: 3.40 tCO2e/$MMakino Milling MachineYear: 2023Scope 1: 5,467 tCO2eRevenue: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MSMCYear: 2023Scope 1: 50,507 tCO2eRevenue: $M 6,192Scope 1 Intensity: 8.16 tCO2e/$MNGK InsulatorsYear: 2023Scope 1: 270,000 tCO2eRevenue: $M 4,198Scope 1 Intensity: 64.31 tCO2e/$MDaifukuYear: 2024Scope 1: 8,853 tCO2eRevenue: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$MNidecYear: 2023Scope 1: 269,000 tCO2eRevenue: $M 16,838Scope 1 Intensity: 15.98 tCO2e/$MAmadaYear: 2024Scope 1: 6,336 tCO2eRevenue: $M 2,664Scope 1 Intensity: 2.38 tCO2e/$MMitsubishi Heavy IndustriesYear: 2023Scope 1: 130,000 tCO2eRevenue: $M 31,553Scope 1 Intensity: 4.12 tCO2e/$MUshioYear: 2023Scope 1: 3,539 tCO2eRevenue: $M 1,314Scope 1 Intensity: 2.69 tCO2e/$MIHIYear: 2024Scope 1: 57,951 tCO2eRevenue: $M 8,733Scope 1 Intensity: 6.64 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MTHKYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 2,488Scope 1 Intensity: 3.14 tCO2e/$MSG HoldingsYear: 2023Scope 1: 285,220 tCO2eRevenue: $M 10,770Scope 1 Intensity: 26.48 tCO2e/$MIwataniYear: 2023Scope 1: 116,000 tCO2eRevenue: $M 6,804Scope 1 Intensity: 17.05 tCO2e/$MANA HoldingsYear: 2024Scope 1: 11,278,730 tCO2eRevenue: $M 13,576Scope 1 Intensity: 830.79 tCO2e/$MSumitomo Heavy IndustriesYear: 2023Scope 1: 36,272 tCO2eRevenue: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$M

How does Sumitomo Heavy Industries's GHG emissions intensity compare to its peers?

In 2023, Sumitomo Heavy Industries reported a Scope 1 emissions intensity of 4.74 tCO₂e per millions USD. Compared to the peer group median of 4.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Sumitomo Heavy Industries rank on GHG emissions intensity within its industry?

In 2023, Sumitomo Heavy Industries ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Sumitomo Heavy Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Sumitomo Heavy Industries's Total Carbon Footprint

In 2023, Sumitomo Heavy Industries reported a total carbon footprint of 76,918,008 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.75% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Sumitomo Heavy Industries's total carbon footprint was Scope 3 emissions, accounting for 99.8% of the company's total carbon footprint, followed by Scope 2 emissions at 0.16%. a

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