Sumitomo Mitsui Trust Holdings
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 36 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sumitomo Mitsui Trust Holdings's reported carbon emissions
In 2023, Sumitomo Mitsui Trust Holdings reported carbon emissions of approximately 4,472,000 kg CO2e for Scope 1 and 4,368,000 kg CO2e for Scope 2, totalling about 8,840,000 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2, but no data is available for Scope 3 emissions. Over the years, the company has shown a commitment to reducing its carbon footprint. For instance, in 2021, the total emissions for Scope 1 and Scope 2 were approximately 28,349,000 kg CO2e, indicating a significant reduction in emissions by 2023. However, specific reduction targets or initiatives have not been outlined in their disclosures. Sumitomo Mitsui Trust Holdings continues to focus on sustainability and climate commitments, although detailed reduction strategies or pledges have not been specified. The company’s emissions intensity has been reported, reflecting its ongoing efforts to monitor and manage its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,907,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 35,925,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | - | - | - |
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 Trust Holdings is not committed to any reduction initiatives 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.
