Sumitomo Riko Co Ltd Sustainability Profile
Sumitomo Riko Co., Ltd., a prominent player in the automotive and industrial sectors, is headquartered in Japan. Established in 1907, the company has evolved significantly, marking key milestones in innovation and expansion across Asia, Europe, and North America. Specialising in rubber and plastic products, Sumitomo Riko offers a diverse range of core services, including vibration control systems, automotive components, and industrial materials. Their commitment to quality and advanced technology sets them apart in a competitive market. With a strong market position, Sumitomo Riko has garnered recognition for its sustainable practices and cutting-edge solutions, making it a trusted partner for leading automotive manufacturers worldwide. The company continues to drive progress in the industry, focusing on innovation and customer satisfaction.
DitchCarbon Score
How does Sumitomo Riko Co Ltd'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 Business Services 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 Riko Co Ltd's score of 44 is higher than 67% 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 Riko Co Ltd's reported carbon emissions
In 2022, Sumitomo Riko Co Ltd reported total carbon emissions of approximately 3,606,000,000 kg CO2e, with emissions distributed across various scopes: 79,000,000 kg CO2e (Scope 1), 237,000,000 kg CO2e (Scope 2), and 3,360,000,000 kg CO2e (Scope 3). The Scope 3 emissions included significant contributions from the use of sold products (about 1,349,168,000 kg CO2e) and purchased goods and services (approximately 1,913,936,000 kg CO2e). The total emissions from Scope 1 and 2 combined were about 316,000,000 kg CO2e. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives disclosed by Sumitomo Riko Co Ltd. The company is a current subsidiary of Sumitomo Riko Company Limited, which may influence its climate commitments and reporting practices. The emissions data is cascaded from the parent company, Sumitomo Electric Industries, Ltd., indicating a corporate family relationship that may affect their sustainability strategies. Overall, while Sumitomo Riko Co Ltd has reported extensive emissions data, the absence of defined reduction targets suggests a need for further commitment to climate action within the industry context.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 |
| Scope 2 | - | - | - | - | - | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 |
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Sumitomo Riko Co Ltd's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 53% of Scope 3 emissions.
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Sumitomo Riko Co Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sumitomo Riko Co Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
