Revision to “Policies on Climate Change Issues”

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo) reviewed its Policies on Climate Change Issues disclosed in May 2021 and deleted the note on its policy on new coal-fired power generation projects and related construction work.

For details on the updated version of the Policies on Climate Change Issues, please refer to the attachment. 

Sumitomo Corporation regards the mitigation of climate change as a key social issue, and has been proactively working to reduce CO2 emissions by implementing measures that include the promotion of renewable energy use. The company will continue to support and participate in initiatives that contribute to the development and decarbonization of local communities and industries across the world. It will also continue working to attain its long-term goals to achieve carbon neutrality for the Sumitomo Corporation Group’s business activities by 2050 and to build a sustainable energy cycle, thereby contributing to the solution of climate change issues.