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 44 is higher than 69% 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 4,673,000,000 kg CO2e. This figure includes Scope 1 emissions of about 4,472,000 kg CO2e, Scope 2 emissions of around 4,368,000 kg CO2e, and significant Scope 3 emissions totalling approximately 4,511,000,000 kg CO2e. Notably, the largest contributors to Scope 3 emissions were the use of sold products, accounting for about 2,640,000,000 kg CO2e, and purchased goods and services, which contributed approximately 851,000,000 kg CO2e. Comparatively, in 2022, the total emissions were about 4,937,000,000 kg CO2e, indicating a reduction in emissions year-on-year. The company has set ambitious climate commitments, aiming for net zero greenhouse gas emissions for Scope 1 and Scope 2 by 2030, as part of the SuMi TRUST Group Carbon Neutral Commitment announced in October 2021. Sumitomo Realty's emissions data is not cascaded from a parent company, and all reported figures are derived directly from their own disclosures. The company is actively working towards its climate goals, with a focus on reducing its operational carbon footprint in the near term.
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| 2014 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 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 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,788,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
