Sumitomo Realty

Sumitomo Realty's reported carbon emissions

Sumitomo Realty & Development Co., Ltd. (JP, Real estate services) reported a total of approximately 4.08 billion kg CO2e in Scope 1, 2, and 3 emissions for the year 2024. This figure comprises approximately 44.1 million kg CO2e from Scope 1, about 130.1 million kg CO2e from Scope 2, and roughly 3.91 billion kg CO2e from Scope 3 emissions. In 2023, the company's total emissions were approximately 4.20 billion kg CO2e, with Scope 1 emissions at about 43.4 million kg CO2e, Scope 2 at approximately 115.7 million kg CO2e, and Scope 3 at around 4.04 billion kg CO2e. For 2022, total emissions were approximately 4.94 billion kg CO2e, including Scope 1 of about 43.5 million kg CO2e, Scope 2 of approximately 123.6 million kg CO2e, and Scope 3 of about 4.77 billion kg CO2e. Looking further back, in 2021, Sumitomo Realty & Development reported total emissions of approximately 4.85 billion kg CO2e, with Scope 2 emissions around 120 million kg CO2e and Scope 3 at about 4.69 billion kg CO2e. Scope 1 data was not available for 2021. For 2020, total emissions were approximately 4.92 billion kg CO2e, including Scope 1 of about 41.4 million kg CO2e, Scope 2 of around 122.4 million kg CO2e, and Scope 3 of approximately 4.75 billion kg CO2e. In 2019, total emissions reached approximately 6.54 billion kg CO2e, with Scope 1 at about 42.4 million kg CO2e, Scope 2 at approximately 125.4 million kg CO2e, and Scope 3 at around 6.37 billion kg CO2e. For 2018, the company reported Scope 1 and 2 emissions totalling approximately 254.3 million kg CO2e, with Scope 2 alone being about 235.4 million kg CO2e. Scope 3 data was not disclosed for 2018. Sumitomo Realty & Development has set near-term targets aiming for the realisation of carbon neutrality with emissions as close to zero as possible for real estate under management. These targets apply to both Scope 1 and Scope 2 emissions, with a timeframe specified as 2023-2025.