Sumitomo Forestry Sustainability Profile
Sumitomo Forestry Co., Ltd., headquartered in Japan, is a prominent player in the forestry and construction industry. Established in 1691, the company has evolved significantly, focusing on sustainable forest management, timber production, and eco-friendly construction solutions. With major operations across Japan and expanding interests in North America and Asia, Sumitomo Forestry is committed to promoting a harmonious relationship between nature and urban development. The company offers a diverse range of products and services, including residential and commercial building construction, timber supply, and forest management. Its unique approach to sustainability and innovation has positioned Sumitomo Forestry as a leader in the market, recognised for its commitment to environmental stewardship and quality craftsmanship. Notable achievements include pioneering initiatives in sustainable forestry practices, reinforcing its reputation as a trusted name in the industry.
DitchCarbon Score
How does Sumitomo Forestry'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 Forestry and Logging 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 Forestry's score of 99 is higher than 99% 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 Forestry's reported carbon emissions
In 2024, Sumitomo Forestry reported total greenhouse gas emissions of approximately 10,890,000,000 kg CO2e, with Scope 1 emissions at about 92,727,000 kg CO2e, Scope 2 emissions at approximately 62,305,000 kg CO2e, and Scope 3 emissions reaching about 10,735,000,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 54.6% reduction in Scope 1 and 2 emissions by 2030 from a 2017 baseline, aligning with the 1.5°C climate target. Additionally, Sumitomo Forestry is committed to achieving net-zero emissions across all scopes by 2050. The near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2021 base year, and a 51.6% reduction in Scope 3 emissions related to purchased goods and services and the use of sold products per square meter of houses sold within the same timeframe. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by 2050. Sumitomo Forestry has also pledged to eliminate deforestation linked to its primary commodities by December 31, 2025. These commitments reflect the company's dedication to sustainable practices and its proactive approach to addressing climate change.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 48,126,000 | 00,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 133,961,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 2,229,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | 0,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Sumitomo Forestry's Industry?
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Sumitomo Forestry's Scope 3 Categories Breakdown
Sumitomo Forestry's Scope 3 emissions, which increased by 5% last year and increased by approximately 382% since 2014, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 64% of Scope 3 emissions.
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Sumitomo Forestry's Climate Goals (2030 & 2050)
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 Forestry has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
