Sumitomo Electric
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Sumitomo Electric's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sumitomo Electric's reported carbon emissions
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, alongside a significant Scope 3 emission total of about 30,042,000,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 30% by the fiscal year 2030/31, using the fiscal year 2018/19 as a baseline. Additionally, it targets a 15% reduction in absolute Scope 3 emissions over the same timeframe. In 2018, Sumitomo Electric's Scope 1 emissions were approximately 209,000,000 kg CO2e, and Scope 2 emissions were about 1,332,000,000 kg CO2e, contributing to a total of 1,035,000,000 kg CO2e for these scopes. The company is committed to addressing its indirect emissions, particularly from the use phase of its products, which is a critical aspect of its sustainability strategy. Overall, Sumitomo Electric's climate initiatives align with industry standards, reflecting a commitment to reducing its carbon footprint and contributing to global climate goals.
Unlock detailed emissions data
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 209,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | 1,332,000,000 | 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 |
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 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.
