Sumitomo Corp

Common Name
Sumitomo
Country
Japan
Sector
Industrials
Industry
Conglomerates
Employees
N/A
Ticker
8053
Exchange
TOKYO STOCK EXCHANGE
Description
Sumitomo Corporation is a globally diversified trading company that plays a pivotal role in international commerce and investment. As a member of the expansive Sumitomo Group, this conglomerate engage...

Sumitomo's GHG Emissions Data Preview

In 2022, 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 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Sumitomo's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Sumitomo amounted to 1,821,000 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Sumitomo decreased by 11.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Sumitomo's Scope 1 Emissions Over Time

20192020202120220400 k800 k1.2 M1.6 MtCO2e+92%-9%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Sumitomo's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Sumitomo were 1,268,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sumitomo reduced its Scope 1 emissions over time?

Since 2019, Sumitomo's Scope 1 emissions have increased by 60.1%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Sumitomo's Scope 1 emissions decreased by 8.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Sumitomo's Scope 2 emissions?

In 2022, Sumitomo reported Scope 2 greenhouse gas (GHG) emissions of 553,000 tCOâ‚‚e using the market-based method.

Has Sumitomo reduced its Scope 2 emissions over time?

Since 2019, Sumitomo's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 19.03%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Sumitomo's Scope 2 emissions (Market-Based) fell by 17.71% in 2022, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Sumitomo use for Scope 2 reporting?

In 2022, Sumitomo reported its Scope 2 emissions using the market-based method.

Sumitomo's Scope 2 Emissions Over Time

20192020202120220200 k400 k600 k800 ktCO2e
  • Total Scope 2 Market-Based

Insights into Sumitomo's Value Chain Emissions

In 2022, Sumitomo reported 46,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Sumitomo includes a breakdown across 5 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.

Sumitomo's Scope 3 Emissions Over Time

2019202020212022020 k40 k60 k80 ktCO2e-45%-3%+40%
  • Total Scope 3
  • Year-over-Year Change

What are Sumitomo's Scope 3 emissions?

In 2022, Sumitomo reported total Scope 3 emissions of 46,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 31.88% of these emissions originated from upstream activities such as purchased goods and capital goods, while 68.12% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sumitomo reduced its Scope 3 emissions over time?

Since 2019, Sumitomo's Scope 3 emissions have decreased by 25.34%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2021), Sumitomo's Scope 3 emissions increased by 39.89%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Sumitomo disclose?

In 2022, Sumitomo reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Sumitomo's Scope 3 emissions?

In 2022, the largest contributors to Sumitomo's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 31,630 tCOâ‚‚e (68.12%)
  • Business Travel (Cat. 6): 10,280 tCOâ‚‚e (22.14%)
  • Upstream Transportation and Distribution (Cat. 4): 4,000 tCOâ‚‚e (8.62%)

Sumitomo's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(22.1%)UpstreamTransportation andDistribution(Cat. 4)(8.6%)Downstream LeasedAssets (Cat. 13)(68.1%)

Insights into Sumitomo's Total Carbon Footprint

In 2022, Sumitomo reported a total carbon footprint of 1,867,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.83% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Sumitomo's total carbon footprint was Scope 1 emissions, accounting for 67.9% of the company's total carbon footprint, followed by Scope 2 emissions at 29.61%.

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