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Public Profile
Financial Intermediation
JP
updated 8 months ago

SMBC Trust Sustainability Profile

Company website

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.

DitchCarbon Score

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.

66

Industry Average

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.

32

Industry Benchmark

SMBC Trust's score of 66 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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SMBC Trust's reported carbon emissions

Inherited from Sumitomo Mitsui Trust Group, Inc.

As of the latest available data, SMBC Trust does not report specific carbon emissions figures. However, the organisation has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas (GHG) emissions across all scopes by 2030. This target was established in 2022 and reflects a significant commitment to sustainability within the SuMi TRUST Group. SMBC Trust's climate initiatives are cascaded from its parent company, Sumitomo Mitsui Trust Bank, Limited, and are aligned with broader corporate sustainability goals. The emissions data and performance metrics are inherited from the Sumitomo Mitsui Trust Group, Inc., which plays a crucial role in shaping the environmental strategy of SMBC Trust. While specific emissions data is currently unavailable, the commitment to net-zero emissions by 2030 underscores the organisation's proactive approach to addressing climate change and reducing its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2009201020112012201320142015201620172018201920202021202220232024
Scope 1
45,900,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000
0,000
0,000
Scope 2
-
-
-
-
-
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000
000,000
000,000
Scope 3
-
-
-
-
-
-
-
-
-
-
-
-
-
0,000,000
0,000,000
0,000,000

How Carbon Intensive is SMBC Trust's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SMBC Trust's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is SMBC Trust's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for SMBC Trust is in JP, which has a low grid carbon intensity relative to other regions.

SMBC Trust's Scope 3 Categories Breakdown

SMBC Trust's Scope 3 emissions, which increased by 32% last year and increased by approximately 85% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 78% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
78%
Employee Commuting
21%
Upstream Transportation & Distribution
<1%
Waste Generated in Operations
<1%

SMBC Trust's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

SMBC Trust has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare SMBC Trust's Emissions with Industry Peers

Standard Chartered Bank (Thai) Public Company Limited

TH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Resona Bank, Limited

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Kiatnakin Phatra Bank

TH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Thanachart Bank Public Company Limited

TH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Thanachart Capital Public Company Limited

TH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Northern PCS Services, LLC

US
Updated about 1 month ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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