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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 44% 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, headquartered in Japan and operating in the basic iron and steel and ferro-alloys industry, reported total Scope 1, 2, and 3 carbon emissions of approximately 7.306 billion kg CO2e in 2024. This figure includes about 1.724 billion kg CO2e from Scope 1 emissions, 632 million kg CO2e from Scope 2 emissions, and 4.95 billion kg CO2e from Scope 3 emissions.
Looking back, the company's Scope 1 and 2 emissions in 2023 were approximately 2.556 billion kg CO2e, comprising 1.83 billion kg CO2e (Scope 1) and 726 million kg CO2e (Scope 2). In 2022, these combined emissions stood at approximately 2.823 billion kg CO2e, with 1.965 billion kg CO2e from Scope 1 and 858 million kg CO2e from Scope 2. The earliest disclosed combined Scope 1 and 2 emissions were approximately 2.698 billion kg CO2e in 2013, with a total emissions disclosure of approximately 3.227 billion kg CO2e in 2012.
Sumitomo Metal Mining has not publicly disclosed any specific carbon reduction targets or commitments through initiatives like SBTi or The Climate Pledge. Emissions data and performance metrics are directly reported by Sumitomo Metal Mining Co., Ltd., indicating no cascading from a parent or related organisation.
No climate goals have been disclosed for Sumitomo Metal Mining yet.
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