As of 2025, Sumitomo Realty & Development 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 Realty & Development's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -10%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
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As of 2025, Sumitomo Realty & Development has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.a
As of 2025, Sumitomo Realty & Development has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Sumitomo Realty & Development's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 5,940,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2014, by 50% by 2030.a
As of 2024, Sumitomo Realty & Development is on track to meet its total carbon footprint reduction target, having achieved 62.52% of the planned reduction.a