- Climate change risks (physical and transition risks)
- Cyberattacks
- Data management deficiencies
- Japan’s declining birthrate and aging population
- Global COVID-19 pandemic
- Geopolitical risks (Crisis in Ukraine)
- Innovation risks
- Conduct risks
Sumitomo Mitsui Trust Holdings, Inc.
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-01 reporting, Sumitomo Mitsui Trust Holdings, Inc. disclosed greenhouse gas emissions of 36.2K t-CO2 (Adjusted emission factor FY2021). By scope: Scope 1: 4.2K t-CO2 (FY2021); Scope 2: 16.9K t-CO2 (FY2021). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
36.2K t-CO2 (Adjusted emission factor FY2021)
2022-04 to 2023-01
Water Usage
119.0K m3 (FY2021)
2022-04 to 2023-01
Waste
1.1K tons (FY2021)
2022-04 to 2023-01
Energy Use
181.7K MWh (FY2021)
2022-04 to 2023-01
📊 Emissions by Scope (2022-04 to 2023-01)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.2K t-CO2 (FY2021) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.9K t-CO2 (FY2021) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-01 | 36.2K t-CO2 (Adjusted emission factor FY2021) |
| 2021 | 29.5K t-CO2 (Sumitomo Mitsui Trust Bank domestic locations in 2020) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved 100% recycling rate of plastic waste at the Head Office Building.
- Shifted to electricity from renewable sources in domestic branch offices.
- Incorporated carbon neutrality initiatives into investment portfolio.
- Upgraded Carbon Disclosure Project rating (from C to B).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Formulate specific milestone targets for GHG emission reduction by 2030.
📅 Medium-term
- Achieve net-zero greenhouse gas emissions in SuMi TRUST Group by 2030.
- Make impact equity investments totaling ¥500 billion by FY2030.
- Provide a total of ¥2 trillion in equity funding by FY2030.
🔭 Long-term
- Target net-zero greenhouse gas emissions in investment and loan portfolios by 2050.
🌱 ESG Focus Areas
Climate ChangeBiodiversityHuman RightsCorporate GovernanceFinancial InclusionAge of 100-year lifeRegional Ecosystems and Global Investment Chains