Sumitomo Electric Industries Ltd 2024 IR
The report outlines the Sumitomo Electric Group's progress in implementing its '2030 VISION' and 'Mid-term Management Plan 2025' under the 'Goho Yoshi' (Five-Way Win) philosophy. In fiscal year 2023, the company achieved record-high consolidated net sales of 4.4028 trillion yen and an operating profit of 226.6 billion yen, driven by strong demand in the automotive and environmental energy sectors. The group advanced its sustainability initiatives, reducing Scope 1 and 2 greenhouse gas emissions by 17.4% compared to fiscal year 2018. Additionally, the company announced the construction of a state-of-the-art subsea transmission cable factory in Scotland to support the European green energy supply chain.
Company: Sumitomo Electric Industries Ltd
Sector: Manufacturing
Country: Japan
Year: 2024
Type: IR
Pages: 44
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Sumitomo Electric Industries Ltd
Integrated Report
The report outlines the Sumitomo Electric Group's progress in implementing its '2030 VISION' and 'Mid-term Management Plan 2025' under the 'Goho Yoshi' (Five-Way Win) philosophy. In fiscal year 2023, the company achieved record-high consolidated net sales of 4.4028 trillion yen and an operating profit of 226.6 billion yen, driven by strong demand in the automotive and environmental energy sectors. The group advanced its sustainability initiatives, reducing Scope 1 and 2 greenhouse gas emissions by 17.4% compared to fiscal year 2018. Additionally, the company announced the construction of a state-of-the-art subsea transmission cable factory in Scotland to support the European green energy supply chain.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2023
Published
Oct 1, 2024
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:
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees