Structure for Promoting Our Sustainability

Corporate sustainability in the Sumitomo Corporation Group is promoted through a process of coordination between the Corporate Sustainability Department, which undertakes the planning of measures to promote sustainability, the sustainability managers and staff of each Business Unit's Planning & Coordination Department, and the sustainability staff of domestic and overseas regional organizations. ln this process, we take into consideration the social and environmental issues and the needs of our wide range of stakeholders. The Corporate Sustainability Committee acts as an advisory body to the Management Council and discusses important policies, measures, and initiatives relating to the promotion of sustainability. In addition, we have established the Sustainability Advisory Board, which consists external experts, to provide advice and recommendations on overall sustainability management.

The Sumitomo Corporation Group’s Management of Environmental, Social and Other Nonfinancial Aspects(PDF/135KB)

Corporate Sustainability Committee

Main topics discussed and reported in FY2022
Monitoring of Mid-term Sustainability Goals Operation of the Corporate Sustainability Committee Establishment of the Advisory Board TCFD Disclosure Utilization of Internal Carbon Pricing GX League Status of Social and Environmental Risk Management Social Contribution Activities Environmental Management Activities Initiatives related to Biodiversity Initiatives for Enhancing Disclosure of Non-financial Information Results of ESG Ratings

Main topics discussed and reported in FY2022

Monitoring of Mid-term Sustainability Goals
Operation of the Corporate Sustainability Committee
Establishment of the Advisory Board
TCFD Disclosure
Utilization of Internal Carbon Pricing
GX League
Status of Social and Environmental Risk Management
Social Contribution Activities
Environmental Management Activities
Initiatives related to Biodiversity
Initiatives for Enhancing Disclosure of Non-financial Information
Results of ESG Ratings

Sustainability Advisory Board

Agenda of the 1st Meeting in 2023
Discussion on the next medium-term management plan Measures required for the six key social issues Structure and evaluation mechanism

External advisors (March 2023-February 2024)

Sadayosi Tobai, Chief Executive Officer, WWF Japan
Hidemi Tomita, Managing Director, LRQA Sustainability K.K.
Takashi Nawa, Visiting Professor, Hitotsubashi University
Junko Watanabe, Attorney-at-Law, Nishimura & Asahi