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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.
+5 vs industry average
Sumitomo Metal Mining’s score of 23 is lower than 47% 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, a Japanese company in the basic iron and steel and ferro-alloys industry, reported total Scope 1, 2, and 3 emissions of approximately 7.3 billion kg CO2e in 2024. This figure includes about 1.72 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.
Breaking down the 2024 Scope 3 emissions, major contributors include purchased goods and services at approximately 4.26 billion kg CO2e, capital goods at 431 million kg CO2e, and fuel and energy-related activities at 226 million kg CO2e.
Looking at previous years for Scope 1 and 2 emissions:
The company has not disclosed any specific emissions reduction targets or commitments, such as Science Based Targets (SBTi) or participation in The Climate Pledge. Emissions data and performance information are directly reported by Sumitomo Metal Mining Co., Ltd. and are not cascaded from a parent organisation.
No climate goals have been disclosed for Sumitomo Metal Mining yet.
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