Sumitomo Mitsui Trust Holdings

Banks
8309.T
JPY 4,509 0.38
Share price
$ 12 bn
Market Cap
$ 12 bn
Enterprise Value

Carbon footprint

2.5 Ton
GHG emissions per $ 1 mln investment
0.07x the weighted average for S&P 500
FY2021
How is this calculated?
-4.1%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Sumitomo Mitsui Trust Holdings aims to reduce Scope 1 + 2 by 50% by 2031 from a base year 2020


This target has not been verified as science based according to SBTi
Sumitomo Mitsui Trust Holdings's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Sumitomo Mitsui Trust Holdings's GHG emissions (market-based) (Kt of CO2e)

Sumitomo Mitsui Trust Holdings's carbon footprint

Sumitomo Mitsui Trust Holdings reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 30 Kt (-1.3 /-4.1% y-o-y).

Sumitomo Mitsui Trust Holdings's Scope 3 emissions surged to 23 Kt (+11/+92% y-o-y). The growth accelerated relative to the long-term trend (+44% CAGR) observed since 1Q'19.

The company is committed to reducing Scope 1 + 2 by 50% by 2031 from a base year 2020, which translates into the estimated reduction of -1.4 Kt per annum over the period of FY2022 - FY2031. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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