Sumitomo Corporation Global Metals
Sumitomo Corporation Global Metals, a prominent player in the metals industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and North America. Founded in 1919, the company has established itself as a leader in the trading and distribution of a diverse range of metal products, including steel, non-ferrous metals, and industrial materials. With a commitment to quality and innovation, Sumitomo Corporation Global Metals offers unique solutions tailored to meet the evolving needs of its clients. The company is recognised for its strategic partnerships and robust supply chain management, which enhance its market position. Notable achievements include significant contributions to infrastructure projects worldwide, underscoring its role as a trusted supplier in the global metals market.
DitchCarbon Score
How does Sumitomo Corporation Global Metals'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 Precious Metal Production 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 Corporation Global Metals's score of 19 is higher than 87% 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 Corporation Global Metals's reported carbon emissions
In 2022, Sumitomo Corporation Global Metals reported total carbon emissions of approximately 472,974,000 kg CO2e. This figure includes Scope 1 emissions of about 474,000 kg CO2e, Scope 2 emissions of approximately 5,090,000 kg CO2e, and significant Scope 3 emissions primarily from upstream transportation and distribution, totalling around 467,410,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Sumitomo Corporation Global Metals is aware of its emissions, it may not have formalised strategies in place to achieve specific reductions. Historically, the company has shown fluctuations in emissions, with a peak in 2020 at approximately 1,522,514,000 kg CO2e, indicating a potential area for improvement in future sustainability efforts. The focus on Scope 3 emissions highlights the importance of addressing indirect emissions in their value chain, which can often represent the largest portion of a company's total carbon footprint. Overall, while Sumitomo Corporation Global Metals has made strides in tracking its emissions, the lack of specific reduction commitments may limit its effectiveness in addressing climate change comprehensively.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 64,859,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000 | 000,000 |
| Scope 2 | 252,869,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 62,428,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 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 Corporation Global Metals 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.
