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Sumitomo Rubber Industries
Furniture ManufacturingJapanPNK: SMTUF
Last verified 1 year agosrigroup.co.jp
Sumitomo Rubber Industries, Ltd., commonly referred to as SRI, is a prominent Japanese company headquartered in JP, with a strong presence across Asia, North America, and Europe. Established in 1909, the firm has a long-standing history of innovation within the manufacturing sector, primarily focusing on the production of high-quality rubber and related products.
While renowned globally for its tyre manufacturing, SRI also operates in the furniture and other manufactured goods sectors, offering specialised products that emphasise durability and performance. Its diverse portfolio and commitment to technological advancement have secured its position as a leader in the industry, recognised for setting standards in quality and sustainability.
30
DitchCarbon score
+7 vs industry average
Sumitomo Rubber Industries’s score of 30 is higher than 54% 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
Furniture Manufacturing has above-average carbon intensity
Industry performance
0.369
20182025
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
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 Rubber Industries's reported carbon emissions
Sumitomo Rubber Industries, a Japan-headquartered company in the Furniture and other manufactured goods sector, reported Scope 3 emissions of approximately 37.17 billion kg CO2e in 2023. This marks a decrease from approximately 39.64 billion kg CO2e in 2022 and about 41.03 billion kg CO2e in 2021. Their Scope 3 emissions in 2023 were primarily driven by the use of sold products, accounting for about 30.96 billion kg CO2e, and purchased goods and services, which contributed around 4.64 billion kg CO2e.
The company has set Science Based Targets initiative (SBTi) approved targets. Sumitomo Rubber Industries commits to reducing absolute Scope 1 and 2 GHG emissions by 55% by 2030, using a 2017 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services by 25% by 2030, with a 2021 base year. These near-term targets are classified as consistent with reductions required to keep warming to 1.5°C. The Sumitomo Rubber Group also aims to achieve full carbon neutrality by 2050 for Scope 1 and 2 emissions.
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Sumitomo Rubber Industries’s Climate Goals (2030 & 2050)
3 goals2030
25% reduction in scope 3 total
Sumitomo Rubber Industries, Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 25% by 2030 from a…
At risk25%
2030
55% reduction in Scope 2
Sumitomo Rubber Industries, Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2030 from a 2017 base year.
Insufficient data55%
2030
55% reduction in Scope 1
Sumitomo Rubber Industries, Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2030 from a 2017 base year.
Insufficient data55%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
2050 targetSee details
Active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sumitomo Rubber Industries1 year ago
30
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Frequently asked questions
Common questions about Sumitomo Rubber Industries’s sustainability data and climate commitments
In 2023, Sumitomo Rubber Industries reported total Scope 3 emissions of approximately 37.17 billion kg CO2e. The largest share, around 30.96 billion kg CO2e, stemmed from the use of sold products, followed by purchased goods and services, which contributed about 4.64 billion kg CO2e. Scope 1 and 2 emissions were approximately 729 million kg CO2e on a market-based basis. This breakdown highlights the significant impact of their value chain on the company's overall carbon footprint.
Data year: 2023
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