Sumitomo Realty
Sumitomo Realty & Development Co., Ltd., commonly referred to as Sumitomo Realty, is a prominent player in the Japanese real estate industry, headquartered in Tokyo, Japan. Founded in 1896, the company has established itself as a leader in property development, management, and investment, with a strong presence in major urban regions across Japan. Specialising in residential, commercial, and office properties, Sumitomo Realty is renowned for its innovative approach to sustainable development and urban revitalisation. The company has achieved significant milestones, including the successful completion of numerous high-profile projects that enhance urban landscapes while prioritising environmental considerations. With a solid market position, Sumitomo Realty continues to excel, recognised for its commitment to quality and customer satisfaction. Its unique blend of tradition and modernity sets it apart in the competitive real estate sector, making it a trusted name in property solutions.
DitchCarbon Score
How does Sumitomo Realty'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 Construction Work 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 Realty's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Realty's reported carbon emissions
In 2023, Sumitomo Realty reported total carbon emissions of approximately 104,635,000 kg CO2e in Japan, with emissions distributed across various scopes: 22,431,000 kg CO2e from Scope 1 (stationary combustion), 16,396,000 kg CO2e from Scope 2, and 65,808,000 kg CO2e from Scope 3. The company has set ambitious long-term targets to reduce its CO2 emissions by 50% or more by 2035, compared to 2019 levels, for both Scope 1 and Scope 2 emissions. Globally, Sumitomo Realty's total emissions reached about 4,673,000,000 kg CO2e in 2023, with significant contributions from Scope 3 emissions, particularly from the use of sold products, which accounted for approximately 2,640,000,000 kg CO2e. The company is actively working towards its climate commitments, focusing on substantial reductions in its operational carbon footprint. The emissions data is sourced directly from Sumitomo Realty & Development Co., Ltd., with no cascaded data from parent organizations. The company is committed to transparency in its environmental impact and has disclosed emissions across all relevant scopes, demonstrating a comprehensive approach to climate accountability.
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| 2014 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 120,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,788,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 Realty is not participating in any of the initiatives that 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.
