Sumitomo Electric Industries Ltd 2023 IR
The report outlines the Sumitomo Electric Group's progress toward its long-term vision, 'Sumitomo Electric Group 2030 VISION,' and its 'Mid-Term Management Plan 2025.' Key highlights include achieving record-high consolidated net sales of 4,005.6 billion yen in FY2022, driven by growth in strategic products despite a challenging business environment. The group committed to 'Multistakeholder Capitalism,' establishing quantitative targets for customers, employees, suppliers, regional communities, and shareholders. Additionally, the company advanced its environmental goals, reducing Scope 1 and 2 greenhouse gas emissions by 16.2% compared to FY2018, and received SBTi certification for its 2030 reduction targets.
Company: Sumitomo Electric Industries Ltd
Sector: Manufacturing
Country: Japan
Year: 2023
Type: IR
Pages: 38
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Sumitomo Electric Industries Ltd
Integrated Report
The report outlines the Sumitomo Electric Group's progress toward its long-term vision, 'Sumitomo Electric Group 2030 VISION,' and its 'Mid-Term Management Plan 2025.' Key highlights include achieving record-high consolidated net sales of 4,005.6 billion yen in FY2022, driven by growth in strategic products despite a challenging business environment. The group committed to 'Multistakeholder Capitalism,' establishing quantitative targets for customers, employees, suppliers, regional communities, and shareholders. Additionally, the company advanced its environmental goals, reducing Scope 1 and 2 greenhouse gas emissions by 16.2% compared to FY2018, and received SBTi certification for its 2030 reduction targets.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Women in Management
Workplace Fatalities
Net Zero Target
Employees