Sumitomo Mitsui Finance Australia Limited, a prominent player in the financial services sector, is headquartered in Australia and operates extensively across the Asia-Pacific region. Established in 1996, the company has built a strong reputation for providing tailored financial solutions, including corporate finance, leasing, and trade finance services. With a focus on innovation and customer-centric approaches, Sumitomo Mitsui Finance Australia Limited distinguishes itself through its unique blend of local expertise and global resources. The firm has achieved significant milestones, positioning itself as a trusted partner for businesses seeking comprehensive financial support. Its commitment to excellence and adaptability in a dynamic market has solidified its standing as a leader in the industry, catering to a diverse clientele with bespoke financial products and services.
How does Sumitomo Mitsui Finance Australia 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.
Mean score of companies in the Financial Intermediation 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.
Sumitomo Mitsui Finance Australia Limited's score of 55 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sumitomo Mitsui Finance Australia Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Sumitomo Mitsui Financial Group, Inc., which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges from Sumitomo Mitsui Finance Australia Limited. However, emissions data and performance metrics may be inherited from its parent company, Sumitomo Mitsui Financial Group, Inc., at a cascade level of 1. This means that any climate initiatives or targets set by the parent company could potentially impact the subsidiary's commitments and strategies. In the absence of specific emissions data or reduction initiatives, it is essential to monitor future disclosures from Sumitomo Mitsui Finance Australia Limited for updates on their carbon footprint and climate action commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,526,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000 |
| Scope 2 | 179,615,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 10,050,000 | - | - | - | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
Sumitomo Mitsui Finance Australia Limited's Scope 3 emissions, which decreased by 1% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 60% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sumitomo Mitsui Finance Australia Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.