Sumitomo Mitsui Financial Group Inc 2022 AR2
The report highlights Sumitomo Mitsui Financial Group's (SMBC Group) performance and strategic initiatives for the fiscal year ended March 31, 2022. During the year, the company expanded its Asian franchise through key investments in Fullerton India, FE Credit in Vietnam, and RCBC in the Philippines, alongside a strategic alliance with Jefferies in the U.S. SMBC Group also advanced its sustainability commitments, pledging to achieve net-zero greenhouse gas emissions across its loan and investment portfolio by 2050 and within its own operations by 2030. Additionally, the group accelerated its digital transformation by launching 'Sustana,' a cloud-based greenhouse gas emissions calculation tool, and expanding digital platforms like 'stera' and 'PlariTown.'
Company: Sumitomo Mitsui Financial Group Inc
Sector: Finance & insurance
Country: Japan
Year: 2022
Type: AR2
Pages: 65
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Sumitomo Mitsui Financial Group Inc
Annual Report
The report highlights Sumitomo Mitsui Financial Group's (SMBC Group) performance and strategic initiatives for the fiscal year ended March 31, 2022. During the year, the company expanded its Asian franchise through key investments in Fullerton India, FE Credit in Vietnam, and RCBC in the Philippines, alongside a strategic alliance with Jefferies in the U.S. SMBC Group also advanced its sustainability commitments, pledging to achieve net-zero greenhouse gas emissions across its loan and investment portfolio by 2050 and within its own operations by 2030. Additionally, the group accelerated its digital transformation by launching 'Sustana,' a cloud-based greenhouse gas emissions calculation tool, and expanding digital platforms like 'stera' and 'PlariTown.'
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees