SMBC Americas Holdings, Inc., a prominent subsidiary of Sumitomo Mitsui Banking Corporation, is headquartered in the United States and operates extensively across North America and Latin America. Founded in 2001, the company has established itself within the financial services industry, focusing on corporate banking, investment banking, and asset management. SMBC Americas is renowned for its tailored financial solutions, including commercial lending, trade finance, and treasury services, which cater to a diverse clientele. The firm’s commitment to innovation and customer service has positioned it as a trusted partner in the market. With a strong emphasis on sustainable finance, SMBC Americas continues to achieve notable milestones, reinforcing its reputation as a leader in the banking sector.
How does SMBC Americas Holdings, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
SMBC Americas Holdings, Inc.'s score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, SMBC Americas Holdings, Inc. reported total carbon emissions of approximately 2,286,000 kg CO2e, with emissions distributed across various scopes: 416,000 kg CO2e from Scope 1, 444,000 kg CO2e from Scope 2 (market-based), and a significant 2,286,000 kg CO2e from Scope 3. The previous year, 2021, saw total emissions of about 1,596,000 kg CO2e, comprising 406,000 kg CO2e from Scope 1, 331,000 kg CO2e from Scope 2 (market-based), and 859,000 kg CO2e from Scope 3. Despite these figures, SMBC Americas Holdings, Inc. has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company has reported emissions intensity metrics, such as 0.83 kg CO2e per full-time employee and 0.191 g CO2e per kWh of electricity consumed, indicating a focus on measuring and potentially improving their operational efficiency. However, without defined reduction targets or pledges, the company's long-term climate strategy remains unclear.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 406,000 | 000,000 |
Scope 2 | 331,000 | 000,000 |
Scope 3 | 859,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SMBC Americas Holdings, Inc. is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.