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OrganisationsSumitomo Metal Industries Ltd.
Sumitomo Metal Industries Ltd. logo

Sumitomo Metal Industries Ltd.

Iron and Steel ProductionJapan
Last verified 10 months ago

Sumitomo Metal Industries Ltd., a prominent player in the global steel industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and North America. Founded in 1901, the company has established itself as a leader in the production of high-quality steel products, including specialty steels and advanced materials, catering to diverse sectors such as automotive, construction, and energy.

With a commitment to innovation and sustainability, Sumitomo Metal Industries has achieved significant milestones, including advancements in steel manufacturing technologies. The company is renowned for its unique offerings, such as high-strength steel and environmentally friendly production processes, which set it apart in a competitive market. As a key supplier to major industries, Sumitomo Metal Industries continues to solidify its market position through strategic partnerships and a focus on quality excellence.

38
DitchCarbon score

+21 vs industry average

Sumitomo Metal Industries Ltd.’s score of 38 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Iron and Steel Production is among the most carbon-intensive industries

Industry performance

2.965
20182025

The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018

Reported emissions

No reported emissions data is available for Sumitomo Metal Industries Ltd. yet.

Sumitomo Metal Industries Ltd.'s reported carbon emissions

Sumitomo Metal Industries Ltd., headquartered in Japan (JP), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a corporate family that includes Nippon Steel Corporation, which may influence its climate commitments and performance metrics.

As a merged entity, Sumitomo Metal Industries Ltd. inherits climate initiatives and targets from Nippon Steel Corporation. This includes participation in the Science Based Targets initiative (SBTi) and the Climate Action 100+ initiative, both of which aim to drive significant reductions in greenhouse gas emissions across the steel industry. However, specific reduction targets or achievements have not been disclosed.

The absence of direct emissions data suggests that Sumitomo Metal Industries Ltd. is still in the process of establishing its own climate commitments or may rely on the broader strategies set forth by its parent company. The company’s climate strategy may align with industry standards, focusing on reducing Scope 1, 2, and 3 emissions, although specific details are not available at this time.

In summary, while Sumitomo Metal Industries Ltd. does not currently provide specific emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action through initiatives led by Nippon Steel Corporation.

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Sumitomo Metal Industries Ltd.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Sumitomo Metal Industries Ltd. yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from Nippon Steel Corporation
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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

Inherited from Nippon Steel Corporation
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Not active

Emissions comparison with industry peers

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No peer comparison is available for Sumitomo Metal Industries Ltd. yet.

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Ditchcarbonv260723.3
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