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 10.9 billion kg CO2e. This figure includes Scope 1 emissions of about 92.7 million kg CO2e, Scope 2 emissions of approximately 62.3 million kg CO2e, and Scope 3 emissions amounting to about 10.7 billion kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions across its value chain by 2050. To achieve this, Sumitomo Forestry has established near-term targets, including a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2021 baseline. Additionally, it aims to reduce Scope 3 emissions from purchased goods and services and the use of sold products by 51.6% per square meter of houses sold within the same timeframe. The company also commits to no deforestation across its primary deforestation-linked commodities by December 31, 2025. Long-term, Sumitomo Forestry targets a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a 97% reduction in Scope 3 emissions per square meter of houses sold. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. Overall, Sumitomo Forestry's climate strategy reflects a robust commitment to sustainability and carbon neutrality, leveraging its expertise in forestry and wood resources.
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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 |
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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.
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Frequently Asked Questions
Common questions about Sumitomo Forestry's sustainability data and climate commitments