Sumitomo Mitsui Trust Holdings Sustainability Profile
Sumitomo Mitsui Trust Holdings, Inc., commonly referred to as SMTH, is a prominent financial institution headquartered in Tokyo, Japan. Established in 1925, the company has evolved into a leading player in the trust banking sector, offering a diverse range of services including asset management, real estate, and financial consulting. With a strong presence in Japan and expanding operations across Asia, SMTH is recognised for its innovative approach to wealth management and investment solutions. The firm’s unique blend of traditional trust services and modern financial products positions it as a trusted partner for both individual and institutional clients. Notable achievements include its consistent ranking among the top trust banks in Japan, reflecting its commitment to excellence and customer satisfaction. Through its comprehensive suite of services, Sumitomo Mitsui Trust Holdings continues to shape the future of finance in the region.
DitchCarbon Score
How does Sumitomo Mitsui Trust Holdings'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 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.
Industry Benchmark
Sumitomo Mitsui Trust Holdings's score of 46 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Sumitomo Mitsui Trust Holdings's reported carbon emissions
In 2023, Sumitomo Mitsui Trust Holdings reported total carbon emissions of approximately 4,472,000 kg CO2e for Scope 1 and about 4,368,000 kg CO2e for Scope 2. This reflects a reduction from 2022, where emissions were approximately 5,411,000 kg CO2e for Scope 1 and about 4,586,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. Specifically, they target net-zero emissions for Scope 1 and 2 by 2030, as outlined in their Carbon Neutral Commitment announced in October 2021. The emissions data is sourced from Sumitomo Mitsui Trust Group, Inc., and no Scope 3 emissions data has been disclosed. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 45,900,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Sumitomo Mitsui Trust Holdings's Industry?
How Carbon Intensive is Sumitomo Mitsui Trust Holdings's Location?
Sumitomo Mitsui Trust Holdings's Climate Goals (2030 & 2050)
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 Trust Holdings 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.
