Sumitomo Mitsui Finance and Leasing Company, Limited
Sumitomo Mitsui Finance and Leasing Company, Limited, commonly referred to as SMFL, is a prominent player in the finance and leasing industry, headquartered in Japan. Established in 2000, the company has rapidly expanded its operations across Asia, Europe, and North America, solidifying its position as a leader in the sector. SMFL offers a diverse range of financial services, including equipment leasing, finance solutions, and asset management. Its unique approach combines innovative financial products with a deep understanding of client needs, setting it apart from competitors. With a strong market presence and a commitment to sustainability, SMFL has achieved notable milestones, including strategic partnerships and a growing portfolio of environmentally friendly financing options.
DitchCarbon Score
How does Sumitomo Mitsui Finance and Leasing Company, Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery Rental industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sumitomo Mitsui Finance and Leasing Company, Limited's score of 33 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Mitsui Finance and Leasing Company, Limited's reported carbon emissions
In 2023, Sumitomo Mitsui Finance and Leasing Company, Limited reported total carbon emissions of approximately 12,000,000 kg CO2e. This figure includes Scope 1 emissions of about 2,672,000 kg CO2e, Scope 2 emissions of around 2,501,000 kg CO2e, and significant Scope 3 emissions, primarily from employee commuting (approximately 6,308,000 kg CO2e) and fuel and energy-related activities (about 1,118,000 kg CO2e). The company has set ambitious climate commitments, aiming to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions on a Group consolidated basis by the end of fiscal year 2025. This long-term target reflects their commitment to reducing their carbon footprint and aligns with global sustainability goals. In comparison, in 2022, their total emissions were approximately 2,335,000 kg CO2e for Scope 1 and Scope 2 combined, indicating a proactive approach to managing and reducing emissions over time. The company continues to focus on enhancing its sustainability practices and reducing its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,186,000 | 0,000,000 |
| Scope 2 | 1,431,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sumitomo Mitsui Finance and Leasing Company, Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
