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 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.
Sumitomo Electric's reported carbon emissions
In 2023, Sumitomo Electric Industries, Ltd. reported total greenhouse gas emissions of approximately 1,681,000,000 kg CO2e for Scope 1 and 2, alongside about 30,042,000,000 kg CO2e for 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 sold products. In previous years, the company reported Scope 1 and 2 emissions of approximately 627,000,000 kg CO2e in 2019 and 581,000,000 kg CO2e in 2020, indicating a focus on reducing operational emissions. The commitment to these reduction targets aligns with industry standards for climate action, reflecting a proactive approach to mitigating climate change impacts. Sumitomo Electric's initiatives are consistent with the Science Based Targets initiative (SBTi), reinforcing its dedication to sustainable practices within the automotive and components sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 |
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.
