Sumitomo Heavy Industries Ltd 2024 IR

The report outlines Sumitomo Heavy Industries' progress and strategies under its Medium-Term Management Plan 2026, guided by its newly formulated corporate purpose. Key highlights include the company's strategic decision to withdraw from the new shipbuilding business to focus on decarbonized energy and resource recycling. Financially, the group achieved net sales of over 1 trillion yen in FY2023, though it fell short of its ROIC target. On the sustainability front, the company advanced its carbon neutrality goals, achieving a 23.5% renewable energy rate and initiating human rights due diligence across its supply chain.

Company: Sumitomo Heavy Industries Ltd

Sector: Industrials

Country: Japan

Year: 2024

Type: IR

Pages: 46

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Sumitomo Heavy Industries Ltd

Sumitomo Heavy Industries Ltd 2024 Integrated Report

Integrated Report

The report outlines Sumitomo Heavy Industries' progress and strategies under its Medium-Term Management Plan 2026, guided by its newly formulated corporate purpose. Key highlights include the company's strategic decision to withdraw from the new shipbuilding business to focus on decarbonized energy and resource recycling. Financially, the group achieved net sales of over 1 trillion yen in FY2023, though it fell short of its ROIC target. On the sustainability front, the company advanced its carbon neutrality goals, achieving a 23.5% renewable energy rate and initiating human rights due diligence across its supply chain.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women in Management

Workplace Fatalities

Net Zero Target

Employees