Sumitomo Mitsui Finance and Leasing Company, Limited
Sumitomo Mitsui Finance and Leasing Company, Limited, commonly referred to as SMFL, is a prominent player in the finance and leasing industry, headquartered in Japan. Established in 2000, the company has rapidly expanded its operations across Asia, Europe, and North America, solidifying its position as a leader in the sector. SMFL offers a diverse range of financial services, including equipment leasing, finance solutions, and asset management. Its unique approach combines innovative financial products with a deep understanding of client needs, setting it apart from competitors. With a strong market presence and a commitment to sustainability, SMFL has achieved notable milestones, including strategic partnerships and a growing portfolio of environmentally friendly financing options.
DitchCarbon Score
How does Sumitomo Mitsui Finance and Leasing Company, Limited'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 Rental 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 Mitsui Finance and Leasing Company, Limited's score of 36 is higher than 69% 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 Mitsui Finance and Leasing Company, Limited's reported carbon emissions
In 2024, Sumitomo Mitsui Finance and Leasing Company, Limited reported Scope 1 emissions of approximately 1,186,000 kg CO2e. This follows a decrease from 2023, where the company recorded Scope 1 emissions of about 1,149,000 kg CO2e, alongside Scope 2 emissions of approximately 2,501,000 kg CO2e and Scope 3 emissions totalling around 16,600,000 kg CO2e, which includes significant contributions from downstream leased assets and business travel. The company has set ambitious climate commitments, aiming to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions on a Group consolidated basis by the end of FY2025. This target reflects a long-term strategy initiated in 2023, demonstrating a proactive approach to reducing their carbon footprint. It is important to note that the emissions data for 2023 and 2024 is cascaded from the parent company, Sumitomo Corporation, indicating a corporate family relationship that influences their sustainability reporting. The company is currently focused on enhancing its climate initiatives and reducing its overall emissions in alignment with industry standards.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,335,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,672,000 | 0,000,000 | - |
| Scope 3 | - | 00,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sumitomo Mitsui Finance and Leasing Company, Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
