Sumitomo Corporation, a prominent player in the global trading and investment landscape, is headquartered in Tokyo, Japan. Established in 1919, the company has evolved into a diversified conglomerate with operations spanning various regions, including Asia, the Americas, and Europe. Operating primarily in the trading, investment, and resource development sectors, Sumitomo is renowned for its core services in metals, machinery, chemicals, and infrastructure development. The company’s commitment to innovation and sustainability sets it apart in the industry, enabling it to deliver unique solutions tailored to client needs. With a strong market position, Sumitomo Corporation has achieved notable milestones, including strategic partnerships and investments that enhance its global footprint. Its dedication to quality and excellence continues to drive its success in an ever-evolving marketplace.
How does Sumitomo'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 Chemicals 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.
Sumitomo's score of 5 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2024, Sumitomo's carbon emissions in the iron and steel sector are approximately 1.2 kg CO2e per tonne of steel produced. For 2025, the company reports carbon emissions of about 0.5 kg CO2e per employee. However, specific data on Scope 1, 2, and 3 emissions is not disclosed, indicating a lack of detailed emissions reporting. Currently, Sumitomo has not set any formal reduction targets or climate pledges, nor does it inherit emissions data from a parent company. This absence of specific commitments highlights a potential area for improvement in their climate strategy. Overall, while Sumitomo provides some emissions metrics, further transparency and ambitious targets could enhance its climate commitments.
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.
Sumitomo 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.
