In 2024, Sumitomo 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 has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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’s data sources below and access millions more through our Disclosure Search.
In 2024, the total operational greenhouse gas (GHG) emissions of Sumitomo amounted to 7,156,000 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 2023, the total operational greenhouse gas (GHG) emissions of Sumitomo increased by 40.26%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Sumitomo were 6,666,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sumitomo's Scope 1 emissions have increased by 741.67%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Sumitomo's Scope 1 emissions increased by 47.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Sumitomo reported Scope 2 greenhouse gas (GHG) emissions of 490,000 tCO₂e using the market-based method.a
Since 2019, Sumitomo's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 28.26%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Sumitomo's Scope 2 emissions (Market-Based) fell by 14.34% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Sumitomo reported its Scope 2 emissions using the market-based method.a
In 2024, Sumitomo reported 117,688,000 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 2024 disclosure of Sumitomo includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Sumitomo reported total Scope 3 emissions of 117,688,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 34.47% of these emissions originated from upstream activities such as purchased goods and capital goods, while 65.53% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Sumitomo's Scope 3 emissions have increased by 189,139.43%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Sumitomo's Scope 3 emissions increased by 469,337.57%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Sumitomo reported emissions for 13 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.
In 2024, the largest contributors to Sumitomo's Scope 3 emissions were:a
In 2024, Sumitomo reported Scope 1 greenhouse gas (GHG) emissions of 6,666,000 tCO₂e and total revenues of USD 45,631 millions. This translates into an emissions intensity of 146.09 tCO₂e per millions USD.a
In 2024, Sumitomo reported a Scope 1 emissions intensity of 146.09 tCO₂e per millions USD. Compared to the peer group median of 22.18, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Sumitomo ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sumitomo among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Sumitomo reported a total carbon footprint of 124,844,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,335% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sumitomo's total carbon footprint was Scope 3 emissions, accounting for 94.27% of the company's total carbon footprint, followed by Scope 1 emissions at 5.34%.a