Sumitomo Realty
Sumitomo Realty & Development Co., Ltd., commonly referred to as Sumitomo Realty, is a prominent player in the Japanese real estate industry, headquartered in Tokyo, Japan. Founded in 1896, the company has established itself as a leader in property development, management, and investment, with a strong presence in major urban regions across Japan. Specialising in residential, commercial, and office properties, Sumitomo Realty is renowned for its innovative approach to sustainable development and urban revitalisation. The company has achieved significant milestones, including the successful completion of numerous high-profile projects that enhance urban landscapes while prioritising environmental considerations. With a solid market position, Sumitomo Realty continues to excel, recognised for its commitment to quality and customer satisfaction. Its unique blend of tradition and modernity sets it apart in the competitive real estate sector, making it a trusted name in property solutions.
DitchCarbon Score
How does Sumitomo Realty'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.
Industry Average
Mean score of companies in the Construction Work 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.
Industry Benchmark
Sumitomo Realty's score of 38 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Realty's reported carbon emissions
In 2023, Sumitomo Realty reported total carbon emissions of approximately 4,673,000,000 kg CO2e. The breakdown of these emissions includes about 162,000,000 kg CO2e from Scope 1 and 2, and a significant 4,511,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by the use of sold products, which accounted for about 2,640,000,000 kg CO2e, alongside substantial contributions from purchased goods and services (approximately 851,000,000 kg CO2e) and downstream transportation and distribution (around 366,000,000 kg CO2e). Over the years, Sumitomo Realty has shown fluctuations in its total emissions, with a peak of about 4,937,000,000 kg CO2e in 2022 and a reduction from approximately 4,851,000,000 kg CO2e in 2021. However, there are currently no specific reduction targets or commitments disclosed by the company, nor are there any initiatives listed under the Science Based Targets initiative (SBTi). The company continues to monitor and report its emissions, reflecting a commitment to transparency in its environmental impact, although further details on specific climate pledges or reduction strategies are not available.
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| 2014 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 33,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 120,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | 5,788,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Sumitomo Realty is not participating in any of the initiatives that 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.
