Sumitomo (SHI) Cryogenics of America, Inc. Sustainability Profile
Sumitomo (SHI) Cryogenics of America, Inc., commonly referred to as SHI Cryogenics, is a leading player in the cryogenic equipment industry, headquartered in the United States. Established in 1980, the company has made significant strides in providing advanced cryogenic solutions, primarily serving sectors such as healthcare, research, and industrial applications. With a strong focus on innovation, SHI Cryogenics offers a range of core products, including cryogenic refrigerators and liquefaction systems, known for their efficiency and reliability. The company has achieved notable milestones, including the development of cutting-edge technologies that enhance performance and reduce operational costs. Recognised for its commitment to quality and customer satisfaction, SHI Cryogenics maintains a prominent market position, continually setting benchmarks in the cryogenics field.
DitchCarbon Score
How does Sumitomo (SHI) Cryogenics of America, Inc.'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 Machinery and Equipment 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 (SHI) Cryogenics of America, Inc.'s score of 26 is higher than 51% 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 (SHI) Cryogenics of America, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Sumitomo Heavy Industries, Ltd., which may influence its climate commitments and emissions reporting. While there are no documented reduction targets or climate pledges from Sumitomo (SHI) Cryogenics of America, Inc., it is important to note that emissions data and performance metrics may be inherited from its parent company, Sumitomo Heavy Industries, Ltd. This relationship suggests that any climate initiatives or targets may be aligned with the broader corporate strategies of the parent organisation. As of now, without specific emissions data or reduction initiatives, it is unclear how Sumitomo (SHI) Cryogenics of America, Inc. is addressing its carbon footprint or contributing to climate action. The company may benefit from adopting industry-standard climate commitments to enhance its sustainability profile.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 34,239,100 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 128,883,100 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 276,816,000 | 000,000,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Sumitomo (SHI) Cryogenics of America, Inc.'s Industry?
How Carbon Intensive is Sumitomo (SHI) Cryogenics of America, Inc.'s Location?
Sumitomo (SHI) Cryogenics of America, Inc.'s Scope 3 Categories Breakdown
Sumitomo (SHI) Cryogenics of America, Inc.'s Scope 3 emissions, which decreased by 5% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.
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Sumitomo (SHI) Cryogenics of America, Inc.'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 (SHI) Cryogenics of America, Inc. 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.
