Sumitomo Forestry
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 85 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sumitomo Forestry's reported carbon emissions
In 2023, Sumitomo Forestry reported total carbon emissions of approximately 9,782,000,000 kg CO2e, with emissions distributed across all three scopes: Scope 1 at 335,673,000 kg CO2e, Scope 2 also at 335,673,000 kg CO2e, and Scope 3 at 335,673,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2050. For near-term targets, Sumitomo Forestry commits to reducing absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2021 base year. Additionally, it aims to cut Scope 3 emissions from purchased goods and services and the use of sold products by 51.6% per square metre of houses sold within the same timeframe. The company also pledges to eliminate deforestation linked to its primary commodities by December 31, 2025. Long-term, Sumitomo Forestry targets a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050 from the 2021 base year, alongside a 97% reduction in Scope 3 emissions per square metre of houses sold. These commitments align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to sustainable practices in the homebuilding sector.
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Get Started| 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 | 000,000,000 | 000,000,000 |
| 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 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,229,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000,000 | 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 Forestry 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.
