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Sumitomo Metal Mining Co., Ltd., commonly referred to as SMM, is a prominent player in the basic iron and steel industry, specialising in ferro-alloys and their first products. Headquartered in Japan, SMM operates extensively across Asia and beyond, contributing significantly to the global steel market since its establishment in 1950.
The company is renowned for its high-quality ferro-alloys, which are essential in steel production, and its innovative approach to mining and metallurgy. SMM's commitment to sustainability and technological advancement sets it apart in a competitive landscape. With a strong market position, the company has achieved notable milestones, including advancements in resource recycling and eco-friendly production methods, solidifying its reputation as a leader in the industry.
+2 vs industry average
Sumitomo Metal Mining’s score of 20 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iron and Steel Production is among the most carbon-intensive industries
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Sumitomo Metal Mining's carbon emissions data reveals a decrease in reported emissions over recent years. In 2024, the company reported total Scope 1, 2, and 3 emissions of approximately 7.14 billion kg CO2e. This figure comprises Scope 1 emissions of about 1.72 billion kg CO2e, Scope 2 emissions of approximately 632 million kg CO2e, and Scope 3 emissions totalling about 4.95 billion kg CO2e.
For 2023, Sumitomo Metal Mining reported Scope 1 emissions of approximately 1.83 billion kg CO2e and Scope 2 emissions of about 726 million kg CO2e, with Scope 3 data not being fully disclosed for that year.
Looking back, Scope 1 and 2 emissions in 2022 were around 2.82 billion kg CO2e, showing a slight decrease from 2.65 billion kg CO2e in 2021 and 2.76 billion kg CO2e in 2020. In 2019, Scope 1 and 2 emissions were approximately 2.81 billion kg CO2e, and in 2018, they stood at about 2.81 billion kg CO2e. Prior to this, emissions in 2017 were reported at approximately 2.82 billion kg CO2e, with figures of around 2.80 billion kg CO2e in 2016 and 3.23 billion kg CO2e in 2015. The earliest reported Scope 1 and 2 emissions data available is for 2014, at approximately 3.53 billion kg CO2e.
Sumitomo Metal Mining's sustainability reporting highlights their commitment to addressing climate change, with various initiatives aimed at reducing greenhouse gas emissions. The company's Scope 3 emissions in 2024 were largely driven by purchased goods and services, accounting for approximately 4.26 billion kg CO2e. Other significant Scope 3 categories include capital goods (431 million kg CO2e) and fuel and energy-related activities (226 million kg CO2e).
While specific quantitative reduction targets and achievements are not detailed in the provided information, Sumitomo Metal Mining's disclosures indicate a focus on sustainability within the basic iron and steel and of ferro-alloys and first products thereof industry. Their reporting includes references to sustainability reports and integrated reports, suggesting ongoing efforts to manage and report on their environmental performance. The company does not appear to be cascading emissions data from a parent organisation, as its data management is indicated as direct.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for Sumitomo Metal Mining yet.
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