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OrganisationsSumitomo Realty
Sumitomo Realty logo

Sumitomo Realty

Real Estate ServicesJapanPNK: SURYY
Last verified 5 days agosumitomo-rd.co.jp

Sumitomo Realty & Development Co., Ltd., commonly known as Sumitomo Realty, is a prominent player in the real estate services industry, headquartered in Tokyo, Japan. Established in 1970, the company has made significant strides in property development, management, and investment, focusing primarily on residential and commercial real estate.

With a strong presence in major urban areas across Japan, Sumitomo Realty is renowned for its innovative approach to real estate solutions, offering unique services that cater to diverse client needs. The company has achieved notable milestones, including the development of landmark properties and a commitment to sustainable building practices. As a leader in the Japanese real estate market, Sumitomo Realty continues to set benchmarks for quality and excellence in the industry.

29
DitchCarbon score

+1 vs industry average

Sumitomo Realty’s score of 29 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Sumitomo Realty's reported carbon emissions

Sumitomo Realty & Development Co., Ltd. (JP), operating in real estate services (70), has reported its greenhouse gas emissions across various scopes. For the reporting year 2024, the company's total reported emissions were approximately 4.08 billion kg CO2e. This comprised of approximately 44.14 million kg CO2e for Scope 1, approximately 130.11 million kg CO2e for Scope 2, and approximately 3.91 billion kg CO2e for Scope 3. In the previous reporting year, 2023, total emissions were approximately 4.20 billion kg CO2e, with Scope 1 at about 43.42 million kg CO2e, Scope 2 at approximately 115.71 million kg CO2e, and Scope 3 at about 4.04 billion kg CO2e. Looking further back, in 2022, total emissions stood at approximately 4.94 billion kg CO2e, with Scope 1 at about 43.51 million kg CO2e, Scope 2 at approximately 123.65 million kg CO2e, and Scope 3 at about 4.77 billion kg CO2e. Sumitomo Realty & Development has outlined near-term climate commitments for the period between 2023 and 2025. The company aims for the realisation of carbon neutrality for real estate under its management, focusing on efficient energy use, reduction, and minimising greenhouse gas emissions to as close to zero as possible. These efforts encompass both Scope 1 and Scope 2 emissions.

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Sumitomo Realty’s Climate Goals (2030 & 2050)

2 goals

2025

SRM shall aim for realization of carbon neutrality through e…

SRM shall aim for realization of carbon neutrality through efforts on efficient use and reduction of energy and minimization of greenhouse g…

Insufficient data0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

11 of 15 categories disclosed
Use of Sold Products62%
Purchased Goods & Services23%
Capital Goods7%
Downstream Leased Assets5%
Fuel & Energy Activities1%
End-of-Life Treatment1%
Waste Generated in Operations0%
Upstream Leased Assets0%
Use of Sold Products62%
Purchased Goods & Services23%
Capital Goods7%
Downstream Leased Assets5%
Fuel & Energy Activities1%
End-of-Life Treatment1%
Waste Generated in Operations0%
Upstream Leased Assets0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sumitomo Realty logoSumitomo Realty
JPReal Estate Services
5 days ago
29
Daiwa House Industry Co logoDaiwa House Industry Co
JPBusiness Services
3 hours ago
78
View
Tokyu Fudosan Holdings logoTokyu Fudosan Holdings
JPBusiness Services
5 days ago
71
View
DAIWA LIFENEXT Co., Ltd. logoDAIWA LIFENEXT Co., Ltd.
JPReal Estate Services
2 months ago
68
View
Nomura Real Estate Holdings, Inc. logoNomura Real Estate Holdings, Inc.
JPReal Estate Services
16 days ago
66
View
Mitsubishi Estate logoMitsubishi Estate
JPReal Estate Services
5 hours ago
63
View
Tokyu Community Corp. logoTokyu Community Corp.
JPReal Estate Services
16 days ago
61
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

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