Sumitomo Rubber Industries Ltd 2024 IR
The report outlines Sumitomo Rubber Group's progress in fiscal 2023, highlighting a record-high business profit of 77.7 billion yen and free cash flows exceeding 100 billion yen. The company advanced its structural reforms, including withdrawing from the domestic gas hoses business and selling Lonstroff AG to optimize its business portfolio. Key technological milestones included the development of ACTIVE TREAD technology and the commercialization of SENSING CORE software. Additionally, the company raised its Scope 1 and 2 emissions reduction targets to 55% by 2030 and registered as a TNFD Early Adopter to protect biodiversity.
Company: Sumitomo Rubber Industries Ltd
Sector: Consumer Discretionary
Country: Japan
Year: 2024
Type: IR
Pages: 50
Sumitomo Rubber Industries Ltd
Integrated Report
The report outlines Sumitomo Rubber Group's progress in fiscal 2023, highlighting a record-high business profit of 77.7 billion yen and free cash flows exceeding 100 billion yen. The company advanced its structural reforms, including withdrawing from the domestic gas hoses business and selling Lonstroff AG to optimize its business portfolio. Key technological milestones included the development of ACTIVE TREAD technology and the commercialization of SENSING CORE software. Additionally, the company raised its Scope 1 and 2 emissions reduction targets to 55% by 2030 and registered as a TNFD Early Adopter to protect biodiversity.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jul 1, 2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Net Zero Target
Employees