• CO2 emissions of the power generation business increased by 1.2% (compared to 2019)

• Power generation portfolio at end of FY2022 comprised 52% coal-fired, 30% gas-fired and 18% renewables in terms of net ownership generation capacity

• Reduced indirect CO2 emissions associated with the fossil fuel upstream business by 41.8% (compared to 2019)

• Completed calculations for visualizing Sumitomo Corporation Global Metals Group CO2 emissions (Scope 1, 2 and part of 3) and obtained third-party certification (March 2023)

• In addition to shifting to solar energy for own power consumption, we started to adopt EV forklifts. Currently installing railroad tracks to the yard in order to shift from truck to rail transportation, which reduces CO2 emissions

• The newest casting plant with electric furnaces has been completed and started its operation on April 2023. It will be operated in parallel with the old existing casting line in FY2023, and casting production will be integrated into the new upgraded plant in FY2024.
• The roadmap for Carbon Neutrality will be completed by May 2023, and the activity for 30% of CO2 emissions reduction (compared to 2019) by 2030 will be kicked off.

• Continuing efforts to refine measurement of CO2 emissions
• Continuing dialogue with Group companies, and implementing initiatives, to contribute to Scope 3 emission reductions and sustainability. European and North American Group companies are delivering electric and automated machines to mining customers. The number of deliveries of these machines has been increasing.

• Continued to calculate and visualize CO2 emissions for domestic and international transportation handled by SGL (acquired assurance from an external organization).
• Continued to supporting sales and the operating companies of the Group.(Supported 15 companies)

• Replacement with energy-efficient refrigeration and freezing equipment at 10 stores

• Scope 1 and 2 GHG emissions has been reduced by 14.1% per kg of fruit and reduced Scope3 emissions by 9.4% per kg of fruit.

• Obtained new assessments for eight office buildings owned by Sumitomo Corporation (grades: nine S and three A)
• Obtained Rank A for one new logistics facility (out of one project).

• Obtained GRESB 5 Stars for SOSiLA Logistics REIT, Inc.
• GRESB 4 Stars for SC Realty Private REIT, Inc.

• •Commercialized one project that meets the "ZEH-M Oriented" standard

• Achieved 21% reduction of greenhouse gas (Scope 1+2) in accordance with SBT certification target.
• Purchased FIT non-fossil certificates (51,600,000 kwh, equivalent to 32% of green power
• Continue consideration of renewable energy utilization.

• Renewable energy: 1.8GW (as of end of FY2022)

• Support for host countries to shift power sources to renewable energy, etc.
• Considering how to decarbonize and low-carbonize existing coal-fired power generation businesses such as through new technologies and new fuels

• Continuing discussions with each supplier about supplying steel products with lower CO2 emission.

• By expanding Sekal's services, improve efficiency of drilling operations in oil and gas well development, which contribute to reduce construction period and CO2 emissions.

• Expanded sales of tubular products for projects related to CCS/CCUS* and geothermal energy

• Started the sales of retrofitted EV buses to Nishitetsu (40% fewer CO2 emissions per bus). Also plan to increase the sales to Nishitetsu, then expand to other bus operator in Japan in the next phase.
• Delivered 101 EV taxis and completed installation of 67 standard chargers to Daiichi Koutsu.
• Completed a trial of an EV car sharing service for corporate clients, and now continuing to investigate introduction of the service. Working with local governments to investigate secondary market use of EVs as official government vehicles.

• Cumulative value of contracts reached approximately 330 billion yen in FY2022. Announced in June 2023 that the 1 trillion yen target for cumulative value of contracts has been brought forward to FY2025, and that the target for FY2029 has been lifted to two trillion yen.

• Continue sales of low emisson newbuilding ships (ships with 30% reduction in CO2 emissions i.e. LNG fueled ships, etc.) built by Oshima Shipbuilding. In December 2022, Oshima Shipbuilding obtained an approval in principle fromaship classification society for the ammonia fueled ship.

• Continued sales and maintainance service for marine battery systems towards the Japanese market through Sumisho Corvus Energy Co., Ltd., a joint venture with energy storage system provider, Corvus Energy.

• Invested in Volocopter GmbH, a manufacturer of eVTOLs, to build new sustainable social infrastructure.
• Conducted various proof-of-concept trials to develop a drone- and EV van-based logistics network in Katsuura City, Chiba Prefecture, and promote carbon neutrality in the region.

• Improvement to approximately 73% for new aircraft (compared to 65% in the previous year) and approximately 63% for new engines (compared to 50% in the previous year)

• The number of EV chargers installed by the end of FY2022 was as planned

• DriveElectric, an EV leasing and fleet management company based in the UK, is planning to introduce a smart EV charging management service in FY2023, as well as a dashboard of energy and carbon consumption for EV charging.

• •Sumitomo Precision Products CO.,LTD. continued to develop technologies for next-generation (hydrogen-powered, electric) aircrafts.

• Invested in Sintavia, a US-based company with strengths in metal 3D printing technologies
• Sumitomo Precision Products Co., Ltd, develops products with outstanding environmental performance by using 3D metal printing technologies.

• Established a team and operational structure in preparation for commencing a service trial with a major airline.

• Established a new company in April 2023 to focus on commuter EVs

• We have conducted a Proof of Concept for the Blue Carbon Project in Hirono Town, Iwate Prefecture. With the cooperation of the Fisheries Associations in Hirono Town, we have measured the seaweed bed area and applied to acquire J Blue Credit®. We are currently marketing the granted credits. We will keep trying to expand Blue Carbon Projects, and to realize new Blue Economy Projects through internal collaborations.

• After establishing the EII, began to consider the clean energy platform businesses and specific projects, including combining hydrogen and power storage in Ishikari City, Hokkaido, and developing a renewable energy value chain in the Kanto area

• Continued developing projects to acquire and expand the scale of forest resources

• Promoted carbon credit generating businesses through internal and external collaborations

• Increased resource recovery by 3% (compared to FY2021)

• Completed commercialization and quality confirmations through transportation tests and storage tests. Although the global supply of inner bag materials is in short supply, we will work to secure stable suppliers and aim to achieve sales by the end of FY2023

• Completed introduction of compostable, recyclable, and reusable packaging for 98.78% of all products

• Commercial operation started in February 2023. Currently working toward mass production

• Completed construction of a new plant in January 2023. Currently working on quality evaluation for stable production

• Conclusion of a global exclusive distribution agreement with Security Matters in the non-ferrous metals industry

• Summit Cosmetics Corporation and other cosmetic ingredient companies expanded their ranges of natural and petroleum-alternative cosmetic ingredients, and worked with SC Foods Co., Ltd. to establish a supply chain using food residues and other ingredients as raw materials

• With the aim of beginning commercial operation in FY2023, continued building large-scale battery energy storage systems based on the secondary use of EV batteries in FY2022, and progressed to introducing the system at Chitose City, Hokkaido, which is larger than our previous facilities

• Maintained Roundtable on Sustainable Palm Oil (RSPO) Mass Balance certification

• Maintained Bird Friendly® certification

• Continued to obtain CDP forest assessments •Began operating in line with the Forest Management Policy and Sourcing Policy for Forest Products

• Conducted a reforestation monitoring trial using satellite image analysis
• Began a reforestation monitoring trial for some suppliers through government database reviews

• Focused on used car sales and after-sales services to work on extending product lifetimes

• In addition to car sharing, expanded a subscription service for corporate and private customers, which is increasing the user base

• Used handsets collection and redistribution to domestic and overseas markets

• Rolled out human rights education tool (e-learning) to all officers and employees of Sumitomo Corporation and achieved 100% participation rate in FY2022

• Began human rights due diligence on a business-unit basis with the aim of covering all businesses by 2025, and completed due diligence for four business units so far (Media & Digital Business Unit and Living Related & Real Estate Business Unit in FY2021, and Infrastructure Business Unit and Mineral Resources, Energy, Chemical & Electronics Business Unit in FY2022)

• Conducted questionnaire surveys on human rights at about 210 overseas plants and farms

• Digital training content on human rights completed.100% of owened sites started the Gender Equality Program and nearly 5,060 workers have been trained •17% of employees on HR system have been trained

• Digital training content on freedom of association completed and has been rolled out to all managers. As of July 2023 68% completion rate

• In overseas telecommunications business, we have carried out a human rights impact assessment and we will tackle and consider further actions to mitigate and prevent risks

• Established the Occupational Safety Team in January 2022 as a team dedicated to promoting Groupwide occupational safety. Providing support for emergency responses to work-related accidents within the Group and to the development of recurrence prevention measures.
  Also holding occupational safety seminars for Sumitomo Corporation and Group companies, sharing best practices within the Group to improve safety, and implementing the PDCA cycle for improvements.

• Continued conducting self-audits based on a safety checklist and implementing the PDCA cycle for improvements. Continued conducting safety audits of 17 operating companies and 34 plants, and collaborating with each group company to eliminate work inside fenced areas during continuous operation.

• There was 1 LTI and LTIR/TRIR was 0.22%.
  As an awareness campaign to achieve zero lost time and work-related accidents, created a booklet introducing the high frequency of accidents and how to handle it. The booklet is distributed to employees in global tubular organization.
  Also e-learning in Japanese and English for HSSE (Health, Safety, Security and Environment) has been provided.

• Reduced work-related accidents at KIRIU CORPORATION

• LTIR：
  Average of G-CMSD Group companies in 2022: 0.50 (met target).
  
• Safety Audit：
  Conducted safety audits for three Group companies during FY2022 (met target). Planning to conduct safety audits at four Group companies during FY2023, and continuing efforts to reduce accidents even further.

• HSE rules completed for each project. Even during on-site training and meetings, held while taking Covid precautions, incidents occurred that led to LTIs.

• A companywide safety management system rolled out in Latin America•Continue with H&S campaigns. New Global H&S Director is being appointed to prioritise detailed gap analysis on H&S safety structures across the business•One fatality occurred in 2022 and 2023

• Maintained zero work-related accidents

• In 2022, the total recordable injury frequency (TRIF) was less than 0.1, achieving the annual safety target for the worksite
• Identified causes at the time of the work-related accidents, took thorough measures to prevent recurrence, and alerted everyone within the company through campaigns, etc. To foster a culture of safety, implemented initiatives to formulate a process safety management system, define and implement work-appropriate standard operating procedures, and update as necessary

• As part of activities raising awareness for human rights and Dowa issues, conducted training for Group executives and employees led by an outside expert
• Conducted mandatory training for all employees to prevent harassment as an awareness activity to eliminate all forms of harassment.
• Also provided tailor-made trainings (prevention of power harassment) for individuals according to the needs of the organization.
• Promoted the company-wide working group to enhance employee engagement.

• Explicitly added the concept of Equity to D&I (DE&I) in order to support behavioral changes toward removing barriers hindering individual performance
• Continued Diversity Weeks (intensively developed programs aimed at permeating and realizing DE&I) and implemented global collaboration
• In Japan, set numerical targets mainly for promoting women’s participation and advancement in the workplace and made efforts and took actions to achieve those targets. Actively appointed experienced personnel to positions such as executive officer positions, and female and younger employees to executive management and general managerial positions
• Also, supported overseas regional organizations and DE&I measures tailored to the actual circumstances at each site and country, and strengthened global collaboration

• SDGs Leasing "Mirai 2030®" and Sustainability Link Leasing/Financing Transactions Expanded

• Promoted the overseas industrial park business (completion of the first phase of the Bangladesh Economic Zones Authority, etc.)

【SUMMIT,INC】

• Maintained contributions to local communities through participation in those communities and events and handling locally grown vegetables.
• "Health Community Corner," commonly known as "Kenkomi,"* as a service based on a theme of food and health expanded to 6 stores by opening 3 new stores in FY2022.

• Continued efforts to improve the skills of local employees through enhanced student internship programs and various training programs, with the aim of securing talented Madagascar human resources

• Through Agro Amazonia Produtos Agropecuários S.A., a company involved in direct sales of agricultural materials in Brazil’s midwest, acquired Nativa Agrícola e Representação LTDA., a company involved in the same business in Brazil’s southeast, to expand geographical reach and enhance functions •

• Iraq:
  Reached a cumulative total of 108 graduates from job training. Conducted job training in collaboration with UN’s IOM and UNDP
• Libya:
  Reached a cumulative total of 507 graduates from job training. Conducted job training in collaboration with UNDP

• Maintained 100% job training rate at SUMITRONICS CORPORATION

• Sumitomo Mitsui Finance and Leasing Company, Limited has grown its helicopter leasing portfolio, mainly focused on the helicopters for emergency medical services and disaster relief missions(74% of overall portfolio).
  Total assets grew 2.5 times in the first two and a half years of business

• Executed a comprehensive distributorship agreement for AI robotics software in high-precision robots for logistics warehouse automation in Japan

• Maintained stable operations at existing power plants currently in operation

• Increased treatment capacity by 7%（compared to FY2021) by expanding the water business
• Continuing to work toward receiving orders, and steadily fulfilling contracts for new railway projects.
• Contributed to resolving social issues, including traffic congestion, by expanding the railroad business.
  (Passengers on Line 1 of the Manila LRT System increased by 68% compared to the end of FY2021.)

• Developing telecommunications infrastructure in Ethiopia

• Completed the proof-of-concept trials for a mobile shop services business utilizing mobility

• The North Hanoi Sustainable City： Obtained approval for urban planning in Vietnam/Progress on land expropriation/ Concluded a basic agreement with BRG (a major local real estate company in Vietnam) to establish a town management company (made a strategic move toward the realization of SDGs and ESG investment, which have received little attention in Vietnam, including various town management services that contribute to solving social issues, community hub initiatives focusing on medical and educational fields to meet residents' needs, and innovation co-creation activities)

• Provided a variety of welfare services (childcare center booking service, health checkups, education, café within the industrial park, etc.) via a digital platform for tenant companies and employees at Thang Long Industrial Parks in Vietnam

• Provided 5G base station sharing services mainly in the Tokyo metropolitan area
• Provided Local 5G infrastructure services, and conducted Local 5G proof-of-concept trials with cable TV operators and railroad operators for commercialization

• Provided entertainment and lifestyle services, such as CATV, Internet, fixed phone, electric power, and mobile phone, to 5.63 million households

• Added an online medication guidance on telemedicine service through cable television(J:COM)

• Via Shop Channel, sold curated products such as fashion items and beauty-related products, provided services such as travel, hobby and entertainment experiences, and promoted social commerce businesses using social media

• Provided pharmaceutical and daily necessity sales and the functions of a dispensing pharmacy through Tomod’s drugstore and dispensaries and Yakuju Corporation dispensing pharmacies mainly in the Tokyo metropolitan area (239 Tomod’s stores and 151 Yakuju stores as of the end of FY2022)
• Enhanced the functions of dispensing pharmacies by offering home dispensing and online dispensing services

• Achieved the transformation of the Malaysian managed care business into a holding company and strengthened its foundation.
• Strengthened the foundations of the managed care business and investigated participating in peripheral businesses in Vietnam

• Through collaboration with group companies and new business partners, currently examining precision agriculture technologies and services that contribute to improved crop yields, work efficiency, and traceability

• Through the “Mirai School” career education support program, supported career education for a cumulative total of 10,700 students at 68 high schools across Japan in the three years from 2020 to 2022
• Through “Pro Bono Educational Support,” assisted a cumulative total of 24 organizations to strengthen their organizational foundations over these three years in order to support non-profit organizations (NPOs) working to address education issues
• Through “Educational Support for a Multi-cultural Society”, supported eight NPOs and children with foreign roots

• Achieved nearly 100% satisfaction among beneficiary NPOs and high school students

• More than ５% of employees participated at the Head Office and regional organizations in Japan and overseas.(In FY2022, 53 projects were implemented in 19 countries）
• 100SEED received a special award at the 19th Corporate Philanthropy Award in recognition of company-wide efforts involving both employees and management