Sumitomo Mitsui Trust Group Inc

Common Name
Sumitomo Mitsui Trust Group
Country
Japan
Sector
Financial Services
Industry
Banks - Regional
Employees
22,911
Ticker
8309
Exchange
TOKYO STOCK EXCHANGE
Description
Sumitomo Mitsui Trust Holdings Inc. operates as a prominent financial holding company, primarily offering an array of services through its subsidiaries in Japan and globally. Its primary function is t...

Sumitomo Mitsui Trust Group's GHG Emissions Data Preview

In 2022, Sumitomo Mitsui Trust Group 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 Mitsui Trust Group has also provided a category-level breakdown for 6 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 Mitsui Trust Group's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Sumitomo Mitsui Trust Group amounted to 7,352 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 2021, the total operational greenhouse gas (GHG) emissions of Sumitomo Mitsui Trust Group decreased by 65.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Sumitomo Mitsui Trust Group's Scope 1 Emissions Over Time

2018201920202021202201.5 k3 k4.5 k6 ktCO2e+1%-3%-2%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Sumitomo Mitsui Trust Group's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Sumitomo Mitsui Trust Group were 5,034 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sumitomo Mitsui Trust Group reduced its Scope 1 emissions over time?

Since 2018, Sumitomo Mitsui Trust Group's Scope 1 emissions have increased by 15.41%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Sumitomo Mitsui Trust Group's Scope 1 emissions increased by 19.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Sumitomo Mitsui Trust Group's Scope 2 emissions?

In 2022, Sumitomo Mitsui Trust Group reported Scope 2 greenhouse gas (GHG) emissions of 2,318 tCOâ‚‚e without specifying the calculation method.

Has Sumitomo Mitsui Trust Group reduced its Scope 2 emissions over time?

Since 2018, Sumitomo Mitsui Trust Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 91.87%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Sumitomo Mitsui Trust Group's Scope 2 emissions (Unspecified Calculation Method) fell by 86.32% in 2022, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Sumitomo Mitsui Trust Group use for Scope 2 reporting?

In 2022, Sumitomo Mitsui Trust Group reported its Scope 2 emissions using an unspecified methodology.

Sumitomo Mitsui Trust Group's Scope 2 Emissions Over Time

2018201920202021202207.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sumitomo Mitsui Trust Group's Value Chain Emissions

In 2022, Sumitomo Mitsui Trust Group reported 281,435 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 2022 disclosure of Sumitomo Mitsui Trust Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Sumitomo Mitsui Trust Group's Scope 3 Emissions Over Time

2022075 k150 k225 k300 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Sumitomo Mitsui Trust Group's Scope 3 emissions?

In 2022, Sumitomo Mitsui Trust Group reported total Scope 3 emissions of 281,435 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Sumitomo Mitsui Trust Group disclose?

In 2022, Sumitomo Mitsui Trust Group reported emissions for 6 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 Mitsui Trust Group's Scope 3 emissions?

In 2022, the largest contributors to Sumitomo Mitsui Trust Group's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 180,641 tCOâ‚‚e (64.19%)
  • Purchased Goods and Services (Cat. 1): 86,026 tCOâ‚‚e (30.57%)
  • Business Travel (Cat. 6): 6,463 tCOâ‚‚e (2.3%)

Sumitomo Mitsui Trust Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(30.6%)Business Travel(Cat. 6)(2.3%)Capital Goods(Cat. 2)(64.2%)

Insights into Sumitomo Mitsui Trust Group's Total Carbon Footprint

In 2022, Sumitomo Mitsui Trust Group reported a total carbon footprint of 288,787 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,265.36% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Sumitomo Mitsui Trust Group's total carbon footprint was Scope 3 emissions, accounting for 97.45% of the company's total carbon footprint, followed by Scope 1 emissions at 1.74%.

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