Sumitomo Heavy Industries Sustainability Profile
Sumitomo Heavy Industries, Ltd. (SHI), headquartered in Japan, is a prominent player in the heavy machinery and industrial equipment sector. Founded in 1888, the company has established a strong presence in various operational regions, including Asia, Europe, and North America. SHI excels in manufacturing a diverse range of products, including industrial machinery, construction equipment, and precision machinery. Its commitment to innovation and quality sets it apart in the competitive landscape. Notable achievements include advancements in eco-friendly technologies and a robust portfolio of cutting-edge solutions tailored to meet the evolving needs of industries worldwide. With a solid market position, Sumitomo Heavy Industries continues to drive growth and sustainability, reinforcing its reputation as a leader in the heavy industries sector.
DitchCarbon Score
How does Sumitomo Heavy Industries'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 Machinery and Equipment 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 Heavy Industries's score of 51 is higher than 71% 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 Heavy Industries's reported carbon emissions
In 2023, Sumitomo Heavy Industries (SHI) reported total carbon emissions of approximately 156,903,000 kg CO2e, which includes 36,272,000 kg CO2e from Scope 1 and 120,631,000 kg CO2e from Scope 2. The company also disclosed significant Scope 3 emissions, amounting to about 76,761,104,000 kg CO2e, primarily from the use of sold products (approximately 75,463,187,000 kg CO2e). SHI has set ambitious climate commitments, aiming for a 50% reduction in CO2 emissions during product manufacturing (Scopes 1 and 2) by 2030, compared to the fiscal year 2019 levels. Additionally, the Board of Directors has resolved to achieve carbon neutrality across the entire SHI Group by 2050, with interim targets established through 2030. The emissions data is sourced directly from Sumitomo Heavy Industries, with no cascading from a parent or related organization. The company is actively working towards its climate goals, demonstrating a commitment to reducing its carbon footprint in line with industry standards.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 34,239,100 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 128,883,100 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 276,816,000 | 000,000,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Sumitomo Heavy Industries's Industry?
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Sumitomo Heavy Industries's Scope 3 Categories Breakdown
Sumitomo Heavy Industries's Scope 3 emissions, which decreased by 5% last year and increased significantly since 2016, 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 98% of Scope 3 emissions.
Top Scope 3 Categories
Sumitomo Heavy Industries'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 Heavy Industries has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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