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Public Profile
Machinery Rental
JP
updated 2 months ago

Sumitomo Mitsui Finance and Leasing Company, Limited

Company website

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.

39

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.

30

Industry Benchmark

Sumitomo Mitsui Finance and Leasing Company, Limited's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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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 total Scope 1 emissions of approximately 1,186,000 kg CO2e. This follows a trend 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 significant Scope 3 emissions, including business travel and downstream leased assets, totalling about 16,241,114,000 kg CO2e. 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 FY2025. This target reflects a near-term commitment initiated in 2023, demonstrating a proactive approach to climate action. Data on emissions is cascaded from its parent company, Sumitomo Corporation, which influences its sustainability initiatives. The company is actively working towards reducing its carbon footprint and aligning with industry standards for climate responsibility.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
2,500,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
1,149,000
000,000
0,000,000
0,000,000
0,000,000
-
Scope 3
-
-
-
-
00,000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sumitomo Mitsui Finance and Leasing Company, Limited's primary industry is Renting services of machinery and equipment without operator and of personal and household goods (71), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sumitomo Mitsui Finance and Leasing Company, Limited is in JP, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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