SMBC Trust Bank, a prominent player in the financial services industry, is headquartered in Tokyo, Japan. Established in 2001, the bank has rapidly evolved to become a key provider of trust banking services, catering to both individual and corporate clients across Japan and the Asia-Pacific region. Specialising in asset management, real estate investment, and pension fund services, SMBC Trust Bank distinguishes itself through its innovative solutions and commitment to client satisfaction. The bank's robust market position is underscored by its strong financial performance and a reputation for reliability and expertise in trust banking. With a focus on sustainable growth and customer-centric services, SMBC Trust Bank continues to set benchmarks in the industry, reinforcing its status as a trusted partner in financial management.
How does SMBC Trust'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 Trust's score of 37 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SMBC Trust reported total carbon emissions of approximately 1,600,579,000 kg CO2e, with emissions distributed across various scopes: 15,041,000 kg CO2e (Scope 1), 149,279,000 kg CO2e (Scope 2), and 1,600,579,000 kg CO2e (Scope 3). Notably, the Scope 3 emissions included significant contributions from purchased goods and services (944,277,000 kg CO2e) and business travel (77,535,000 kg CO2e). Comparatively, in 2022, the total emissions were about 975,745,000 kg CO2e, indicating a substantial increase in emissions year-on-year. The Scope 1 emissions decreased from 19,071,000 kg CO2e in 2022 to 15,041,000 kg CO2e in 2023, while Scope 2 emissions also saw a slight reduction from 160,646,000 kg CO2e to 149,279,000 kg CO2e. SMBC Trust has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the organisation continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. The data reflects ongoing efforts to manage and potentially reduce carbon emissions, although specific strategies or targets have not been outlined.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 13,526,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 126,086,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 40,053,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 Trust 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.