March 05, 2024

Sumitomo Heavy Industries, Ltd. (Head Office, Shinagawa-ku, Tokyo; Representative Director, President, and CEO, Shinji Shimomura; hereinafter, “the Company”) received an “A-” rating, indicating the leadership level of a company with superior initiatives and information disclosure, from CDP, an international environmental nonprofit organization which promotes climate change-related information disclosure, in CDP Climate Change Report 2023 and Water Security Report 2023.
The Company aims for the enrichment of disclosures and non-financial information in line with the TCFD (Task Force on Climate-Related Financial Disclosures) recommendations, and has improved by one level in the Climate Change Report from its “B” rating last year, and by three levels in the Water Security Report from its “C” rating last year.

In order to contribute to the realization of the CO2 reduction goals set forth by the Japanese government and of a sustainable society, the Company has set a carbon neutrality goal entailing achieving substantially zero CO2 emissions throughout the entire Company Group by 2050, and a CO2 emission reduction goal to achieve by 2030, thereby promoting responses to climate change.
Moving forward, the Company will continue to carry out various measures aimed at reducing CO2 emissions during product production, and contribute to reducing CO2 emissions during product usage by developing new products and technologies conducive to energy saving and decarbonization.

*Regarding CDP
CDP is a UK-based international non-governmental organization that collects and analyzes information on corporate and urban environmental initiatives and discloses the results.
Today, in collaboration with more than 680 investors with over USD130 trillion in assets, companies are motivated to identify their environmental impacts, reduce greenhouse gas emissions, conserve water resources, and protect forests. The Company Group has provided responses to the Climate Change Report since 2012, and responses to the Water Security Report since 2017.

- See the following website for information about the Sumitomo Heavy Industries Group’s sustainability initiatives.
Responding to Climate Change | Sumitomo Heavy Industries, Ltd.