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.
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.
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.
Sumitomo Forestry's score of 91 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Sumitomo Forestry reported total greenhouse gas emissions of approximately 10,735,000,000 kg CO2e, with emissions distributed across various scopes: 92,727,000 kg CO2e (Scope 1), 62,305,000 kg CO2e (Scope 2), and 10,350,000,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its emissions, aiming for a 54.6% reduction in Scope 1 and 2 emissions by 2030, compared to 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. For Scope 3 emissions, the company targets a 51.6% reduction per square meter of houses sold by 2030. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by 2050, both from a 2021 base year. Furthermore, Sumitomo Forestry has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025. These commitments are part of the company's broader strategy to leverage forests and wood resources for carbon neutrality, reflecting its dedication to sustainable practices in the homebuilding sector.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | 0,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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 participating in some of the initiatives that 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.