Sumitomo Electric
Sumitomo Electric Industries, Ltd., commonly known as Sumitomo Electric, is a leading global player in the electrical and electronic components industry, headquartered in Japan. Founded in 1897, the company has established a strong presence in various operational regions, including Asia, Europe, and North America.
Specialising in a diverse range of products and services, Sumitomo Electric excels in areas such as automotive components, optical fibres, and semiconductor materials. Its commitment to innovation and quality has positioned it as a trusted supplier in the telecommunications and automotive sectors. Notable achievements include advancements in high-performance materials and sustainable technologies, reinforcing its market leadership. With a rich history and a focus on cutting-edge solutions, Sumitomo Electric continues to shape the future of the industry.
+41 vs industry average
Sumitomo Electric’s score of 55 is higher than 81% 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
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sumitomo Electric's reported carbon emissions
In 2024, Sumitomo Electric Industries, Ltd. reported total greenhouse gas emissions of approximately 25.02 billion kg CO2e, comprising 266 million kg CO2e from Scope 1, 1.35 billion kg CO2e from Scope 2, and 25 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and 2 emissions and a 15% reduction in Scope 3 emissions by 2030, compared to 2018 levels. Furthermore, Sumitomo Electric is committed to achieving carbon neutrality for Scope 1 and 2 emissions by 2050. These targets align with the Science Based Targets initiative (SBTi), which confirms their goals are consistent with limiting global warming to well below 2°C. The company is actively working towards these reductions through various initiatives, including promoting a circular economy and enhancing energy efficiency across its operations.
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Sumitomo Electric’s Climate Goals (2030 & 2050)
8 goals2050
30% reduction in all scopes
The Group aims to achieve carbon neutrality for GHG emissions (Scope 1+2) from its manufacturing operations by 2050. As a milestone toward t…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Sumitomo Electric’s sustainability data and climate commitments
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