Sumitomo Electric Industries, Ltd., commonly known as Sumitomo Electric, is a leading global player in the electrical and electronic components industry, headquartered in Japan. Founded in 1897, the company has established a strong presence in various operational regions, including Asia, Europe, and North America. Specialising in a diverse range of products and services, Sumitomo Electric excels in areas such as automotive components, optical fibres, and semiconductor materials. Its commitment to innovation and quality has positioned it as a trusted supplier in the telecommunications and automotive sectors. Notable achievements include advancements in high-performance materials and sustainable technologies, reinforcing its market leadership. With a rich history and a focus on cutting-edge solutions, Sumitomo Electric continues to shape the future of the industry.
How does Sumitomo Electric'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 Other Services 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 Electric's score of 38 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Sumitomo Electric Industries, Ltd. reported total greenhouse gas emissions of approximately 1,681,000,000 kg CO2e across Scope 1 and 2, with an additional 30,042,000,000 kg CO2e attributed to Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 30% by FY2030/31 from a FY2018/19 baseline. Additionally, it targets a 15% reduction in absolute Scope 3 emissions over the same timeframe, which includes indirect emissions from the use phase of its products. In previous years, Sumitomo Electric's emissions included approximately 548,000,000 kg CO2e in Japan for 2022 and 581,000,000 kg CO2e in 2020. The company is committed to aligning its emissions reduction targets with the Science Based Targets initiative (SBTi), which classifies its targets as consistent with limiting global warming to well below 2°C. These initiatives reflect Sumitomo Electric's dedication to sustainability and its proactive approach to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 2,035,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Scope 2 | 24,753,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
Scope 3 | 24,753,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Sumitomo Electric is committed to some 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.