Sumitomo Realty & Development Co Ltd

Common Name
Sumitomo Realty & Development
Country
Japan
Sector
Real Estate
Industry
Real Estate Services
Employees
13,844
Ticker
8830
Exchange
TOKYO STOCK EXCHANGE
Description
Sumitomo Realty & Development Co., Ltd. is a prominent player in Japan's real estate sector, renowned for its extensive portfolio of properties and services. The company's core function revolves aroun...

Sumitomo Realty & Development's GHG Emissions Data Preview

In 2022, Sumitomo Realty & Development 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 Realty & Development has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2022202120202019 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sumitomo Realty & Development’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 Realty & Development’s data sources below and access millions more through our Disclosure Search.

a. Sumitomo Realty & Development's ESG Data Spreadsheet 2023
a. Sumitomo Realty & Development's ESG Data Spreadsheet 2023
b. Sumitomo Realty & Development's Integrated Report 2022
b. Sumitomo Realty & Development's Integrated Report 2022

Insights into Sumitomo Realty & Development's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Sumitomo Realty & Development amounted to 168,000 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 Realty & Development increased by 2.45%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Sumitomo Realty & Development's Scope 1 Emissions Over Time

2019202020212022015 k30 k45 k60 ktCO2e-2%+6%0%
  • Total Scope 1
  • Year-over-Year Change

What are Sumitomo Realty & Development's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Sumitomo Realty & Development were 44,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Sumitomo Realty & Development reduced its Scope 1 emissions over time?

Since 2019, Sumitomo Realty & Development's Scope 1 emissions have increased by 3.66%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2021), Sumitomo Realty & Development's Scope 1 emissions remained relatively stable, indicating that Sumitomo Realty & Development's emissions have plateaued with no significant change in its operational footprint. a

What are Sumitomo Realty & Development's Scope 2 emissions?

In 2022, Sumitomo Realty & Development reported Scope 2 greenhouse gas (GHG) emissions of 124,000 tCO₂e without specifying the calculation method. a

Has Sumitomo Realty & Development reduced its Scope 2 emissions over time?

Since 2019, Sumitomo Realty & Development's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Sumitomo Realty & Development 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2021), Sumitomo Realty & Development's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sumitomo Realty & Development 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Sumitomo Realty & Development use for Scope 2 reporting?

In 2022, Sumitomo Realty & Development reported its Scope 2 emissions using an unspecified methodology. a

Sumitomo Realty & Development's Scope 2 Emissions Over Time

2019202020212022035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sumitomo Realty & Development's Value Chain Emissions

In 2022, Sumitomo Realty & Development reported 4,770,000 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 Realty & Development includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Sumitomo Realty & Development's Scope 3 Emissions Over Time

201920202021202202 M4 M6 M8 MtCO2e-25%-1%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Sumitomo Realty & Development's Scope 3 emissions?

In 2022, Sumitomo Realty & Development reported total Scope 3 emissions of 4,770,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 41.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 58.01% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Sumitomo Realty & Development reduced its Scope 3 emissions over time?

Since 2019, Sumitomo Realty & Development's Scope 3 emissions have decreased by 25.11%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2021), Sumitomo Realty & Development's Scope 3 emissions remained relatively stable, indicating that Sumitomo Realty & Development 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Sumitomo Realty & Development disclose?

In 2022, Sumitomo Realty & Development reported emissions for 11 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 Realty & Development's Scope 3 emissions?

In 2022, the largest contributors to Sumitomo Realty & Development's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 2,524,000 tCO₂e (52.94%)
  • Purchased Goods and Services (Cat. 1): 1,067,000 tCO₂e (22.38%)
  • Capital Goods (Cat. 2): 752,000 tCO₂e (15.77%)

Sumitomo Realty & Development's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(52.9%)Capital Goods(Cat. 2)(15.8%)Purchased Goods andServices (Cat. 1)(22.4%)

Insights into Sumitomo Realty & Development’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Sumitomo Realty & Development reported Scope 1 greenhouse gas (GHG) emissions of 44,000 tCO₂e and total revenues of USD 7,699 millions. This translates into an emissions intensity of 5.72 tCO₂e per millions USD. a

Sumitomo Realty & Development's Scope 1 Emissions Intensity Compared to Peers

201,00020,000500,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)JTokyo TatemonoYear: 2024Scope 1: 13,808 tCO2eRevenue: $M 2,954Scope 1 Intensity: 4.67 tCO2e/$MFrontier Real EstateYear: 2024Scope 1: 239 tCO2eRevenue: $M 156Scope 1 Intensity: 1.53 tCO2e/$MDaiwa House IndustryYear: 2024Scope 1: 218,000 tCO2eRevenue: $M 34,356Scope 1 Intensity: 6.35 tCO2e/$MHulicYear: 2024Scope 1: 13,869 tCO2eRevenue: $M 3,768Scope 1 Intensity: 3.68 tCO2e/$MIIFYear: 2023Scope 1: 24,149 tCO2eRevenue: $M 254Scope 1 Intensity: 94.97 tCO2e/$MJJJapan Prime Realty InvestmentYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 252Scope 1 Intensity: 5.72 tCO2e/$MInvincible InvestmentYear: 2024Scope 1: 14 tCO2eRevenue: $M 297Scope 1 Intensity: 0.05 tCO2e/$MMEL REITYear: 2023Scope 1: 1 tCO2eRevenue: $M 100Scope 1 Intensity: 0.01 tCO2e/$MTokyu Fudosan HoldingsYear: 2023Scope 1: 52,100 tCO2eRevenue: $M 7,551Scope 1 Intensity: 6.90 tCO2e/$MGORYear: 2024Scope 1: 360 tCO2eRevenue: $M 96Scope 1 Intensity: 3.77 tCO2e/$MJMFYear: 2024Scope 1: 4,988 tCO2eRevenue: $M 564Scope 1 Intensity: 8.84 tCO2e/$MMitsui FudosanYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 15,737Scope 1 Intensity: 13.28 tCO2e/$MOpen House GroupYear: 2022Scope 1: 1,118 tCO2eRevenue: $M 6,596Scope 1 Intensity: 0.17 tCO2e/$MNomura Real Estate Master FundYear: 2023Scope 1: 1,196 tCO2eRevenue: $M 572Scope 1 Intensity: 2.09 tCO2e/$MDaiwa House REIT InvestmentYear: 2024Scope 1: 190 tCO2eRevenue: $M 427Scope 1 Intensity: 0.44 tCO2e/$MOrix JREITYear: 2023Scope 1: 1,576 tCO2eRevenue: $M 352Scope 1 Intensity: 4.48 tCO2e/$MMitsubishi EstateYear: 2024Scope 1: 99,135 tCO2eRevenue: $M 9,936Scope 1 Intensity: 9.98 tCO2e/$MAdvance Residence InvestmentYear: 2022Scope 1: 188 tCO2eRevenue: $M 257Scope 1 Intensity: 0.73 tCO2e/$MNomura Real Estate HoldingsYear: 2023Scope 1: 24,000 tCO2eRevenue: $M 4,915Scope 1 Intensity: 4.88 tCO2e/$MSekisui House ReitYear: 2023Scope 1: 50,371 tCO2eRevenue: $M 214Scope 1 Intensity: 235.81 tCO2e/$MSumitomo Realty & DevelopmentYear: 2022Scope 1: 44,000 tCO2eRevenue: $M 7,699Scope 1 Intensity: 5.72 tCO2e/$M

How does Sumitomo Realty & Development's GHG emissions intensity compare to its peers?

In 2022, Sumitomo Realty & Development reported a Scope 1 emissions intensity of 5.72 tCO₂e per millions USD. Compared to the peer group median of 4.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Sumitomo Realty & Development rank on GHG emissions intensity within its industry?

In 2022, Sumitomo Realty & Development ranked 13 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Sumitomo Realty & Development's Total Carbon Footprint

In 2022, Sumitomo Realty & Development reported a total carbon footprint of 4,938,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.79% increase compared to 2021, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Sumitomo Realty & Development's total carbon footprint was Scope 3 emissions, accounting for 96.6% of the company's total carbon footprint, followed by Scope 2 emissions at 2.51%. a

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