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Sumitomo Corp
Sumitomo's Climate Target Data Preview
As of 2024, Sumitomo has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2035 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2035 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2035 |
Verified Sources Behind Sumitomo’s Climate Targets Data
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Insights into Sumitomo's Greenhouse Gas Emissions Pathways
As of 2024, Sumitomo has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
Does Sumitomo have a target to reduce the emissions from its operations?
As of 2024, Sumitomo has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
Sumitomo's most ambitious operational target is to reduce these emissions by 60% by 2035, compared to a baseline of 34,452,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.ab
As of 2024, Sumitomo is lagging behind on its operational emissions reduction target, having achieved 9.78% of the planned reduction.ab
Sumitomo's Operational (Scope 1+2) Emissions Pathway
Does Sumitomo have a target to reduce the emissions from its value chain?
As of 2024, Sumitomo has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Sumitomo's most ambitious value chain target is to reduce these emissions by 100% by 2030, compared to a baseline of 12,538,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2024, Sumitomo is lagging behind on its value chain emissions reduction target, having achieved 18.26% of the planned reduction.a
Sumitomo's Value Chain (Scope 3) Emissions Pathway
Does Sumitomo have a target to reduce its total carbon footprint?
As of 2024, Sumitomo has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.ab
Sumitomo's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 59,000,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 50% by 2035.ab
As of 2024, Sumitomo is on track to meet its total carbon footprint reduction target, having achieved 30.34% of the planned reduction.ab