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Mitsui Sumitomo Bank
Sustainability Report and Carbon Intensity Rankings
Is Mitsui Sumitomo Bank doing their part?
Their DitchCarbon score is 43
Mitsui Sumitomo Bank has a DitchCarbon Score of 43 out of 100, indicating moderate performance in sustainability efforts. This score reflects the bank’s current carbon intensity, suggesting there is significant room for improvement in reducing emissions. The bank’s strategies for lowering carbon intensity are crucial for enhancing its sustainability profile.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Mitsui Sumitomo Bank is part of the finance sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Mitsui Sumitomo Bank operates in Japan, a country with a low carbon intensity rating, indicating a cleaner energy mix. This favorable environmental context supports the bank’s sustainability efforts by reducing its carbon footprint through regional energy practices.
Unlock 30+ emissions data points on Mitsui Sumitomo Bank
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Mitsui Sumitomo Bank
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
7.83%
...this company is doing 7.83% worse in emissions than the industry average.
Sumitomo Mitsui Banking Corporation (SMBC), founded in 1996 and part of the Sumitomo Mitsui Financial Group, is a prominent player in the finance sector with a rich history extending over three centuries. Headquartered in Japan, SMBC operates a vast network of branches both domestically and internationally. The bank offers a comprehensive suite of financial services, leveraging its extensive experience and the synergies of its group companies to meet the diverse needs of its clients.
Bad news, Mitsui Sumitomo Bank hasn't set SBTi commitments yet
Mitsui Sumitomo Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is currently not aligned with the global effort to set emissions reduction targets grounded in climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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