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Sumitomo Mitsui Financial Group

Sustainability Report and Carbon Intensity Rankings

Is Sumitomo Mitsui Financial Group doing their part?

Their DitchCarbon score is 43

Sumitomo Mitsui Financial Group has a DitchCarbon Score of 43 out of 100, indicating moderate performance in sustainability efforts. This score reflects the company’s current carbon intensity in relation to its industry peers. A higher score would signify greater progress in reducing carbon intensity and enhancing sustainable practices.

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

Sumitomo Mitsui Financial Group 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

Sumitomo Mitsui Financial Group, located in Japan, benefits from the country’s low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its overall carbon footprint.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

7.83%

...this company is doing 7.83% worse in emissions than the industry average.

Sumitomo Mitsui Financial Group, based in Tokyo, is a key player in the finance sector since its establishment in 2002. The group offers a diverse range of financial services including commercial banking, leasing, securities, consumer finance, as well as system development and data processing. As a prominent institution, it has become a cornerstone of Japan’s financial landscape.

emission intelligence's platform recommendations for Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group should consider implementing green procurement policies to source low-carbon energy and services, which could potentially reduce their emissions by 0.3%.

Bad news, Sumitomo Mitsui Financial yet to commit to SBTi

Sumitomo Mitsui Financial Group has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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