Sumitomo Mitsui Trust Group Inc

Common Name
Sumitomo Mitsui Trust Group
Country
Japan
Sector
Financial Services
Industry
Banks - Regional
Employees
23,125
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)2022202120202019 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Unspecified Calculation Method
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
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.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Data

Verified Sources Behind Sumitomo Mitsui Trust Group’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 Mitsui Trust Group’s data sources below and access millions more through our Disclosure Search.

a. Sumitomo Mitsui Trust Group's TCFD Report 2024
a. Sumitomo Mitsui Trust Group's TCFD Report 2024

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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 tCO₂e without specifying the calculation method. a

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. a

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. a

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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: a

  • Capital Goods (Cat. 2): 180,641 tCO₂e (64.19%)
  • Purchased Goods and Services (Cat. 1): 86,026 tCO₂e (30.57%)
  • Business Travel (Cat. 6): 6,463 tCO₂e (2.3%)

Sumitomo Mitsui Trust Group's Scope 3 Emissions by Categories

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

Insights into Sumitomo Mitsui Trust Group’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Sumitomo Mitsui Trust Group reported Scope 1 greenhouse gas (GHG) emissions of 5,034 tCO₂e and total revenues of USD 9,493 millions. This translates into an emissions intensity of 0.53 tCO₂e per millions USD. a

Sumitomo Mitsui Trust Group's Scope 1 Emissions Intensity Compared to Peers

501,00050,0001,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)MSFMKS7SMMMizuho Financial GroupYear: 2024Scope 1: 10,427 tCO2eRevenue: $M 19,618Scope 1 Intensity: 0.53 tCO2e/$MAozora BankYear: 2023Scope 1: 95 tCO2eRevenue: $M 794Scope 1 Intensity: 0.12 tCO2e/$MYokohama Financial GroupYear: 2023Scope 1: 782 tCO2eRevenue: $M 2,004Scope 1 Intensity: 0.39 tCO2e/$MRakuten BankYear: 2023Scope 1: 8,407,135 tCO2eRevenue: $M 605Scope 1 Intensity: 13,905.34 tCO2e/$MSSShizuoka Financial GroupYear: 2024Scope 1: 1,099 tCO2eRevenue: $M 1,518Scope 1 Intensity: 0.72 tCO2e/$MIyogin HoldingsYear: 2023Scope 1: 1,172 tCO2eRevenue: $M 1,078Scope 1 Intensity: 1.09 tCO2e/$MFFFukuoka Financial GroupYear: 2022Scope 1: 2,834 tCO2eRevenue: $M 2,003Scope 1 Intensity: 1.41 tCO2e/$MMMMebuki Financial GroupYear: 2023Scope 1: 2,742 tCO2eRevenue: $M 2,200Scope 1 Intensity: 1.25 tCO2e/$MJapan Post HoldingsYear: 2024Scope 1: 473,536 tCO2eRevenue: $M 79,122Scope 1 Intensity: 5.98 tCO2e/$MChiba BankYear: 2024Scope 1: 2,444 tCO2eRevenue: $M 1,469Scope 1 Intensity: 1.66 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MKKKyoto Financial GroupYear: 2024Scope 1: 1,560 tCO2eRevenue: $M 746Scope 1 Intensity: 2.09 tCO2e/$MShinkin Central BankYear: 2024Scope 1: 1,367 tCO2eRevenue: $M 1,548Scope 1 Intensity: 0.88 tCO2e/$MSSSBI HoldingsYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 7,993Scope 1 Intensity: 0.13 tCO2e/$MJapan Post BankYear: 2023Scope 1: 4,301 tCO2eRevenue: $M 11,852Scope 1 Intensity: 0.36 tCO2e/$MHachijuni BankYear: 2023Scope 1: 2,372 tCO2eRevenue: $M 1,310Scope 1 Intensity: 1.81 tCO2e/$MNomura HoldingsYear: 2025Scope 1: 2,513 tCO2eRevenue: $M 11,085Scope 1 Intensity: 0.23 tCO2e/$MKyushu Financial GroupYear: 2023Scope 1: 1,562 tCO2eRevenue: $M 1,434Scope 1 Intensity: 1.09 tCO2e/$MHirogin HoldingsYear: 2023Scope 1: 1,457 tCO2eRevenue: $M 941Scope 1 Intensity: 1.55 tCO2e/$M7777 BankYear: 2024Scope 1: 1,150 tCO2eRevenue: $M 942Scope 1 Intensity: 1.22 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MORIXYear: 2025Scope 1: 942,714 tCO2eRevenue: $M 12,198Scope 1 Intensity: 77.28 tCO2e/$MGunma BankYear: 2024Scope 1: 1,402 tCO2eRevenue: $M 1,000Scope 1 Intensity: 1.40 tCO2e/$MSSSumitomo Mitsui Trust GroupYear: 2022Scope 1: 5,034 tCO2eRevenue: $M 9,493Scope 1 Intensity: 0.53 tCO2e/$M

How does Sumitomo Mitsui Trust Group's GHG emissions intensity compare to its peers?

In 2022, Sumitomo Mitsui Trust Group reported a Scope 1 emissions intensity of 0.53 tCO₂e per millions USD. Compared to the peer group median of 1.22 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Sumitomo Mitsui Trust Group rank on GHG emissions intensity within its industry?

In 2022, Sumitomo Mitsui Trust Group ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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 CO₂ equivalent (tCO₂e) 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. a

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%. a

Want Full Access to Sumitomo Mitsui Trust Group's GHG Emissions Dataset?
Sign Up