SMBC Americas Holdings, Inc., a prominent subsidiary of Sumitomo Mitsui Banking Corporation, is headquartered in the United States and operates extensively across North America and Latin America. Founded in 2001, the company has established itself within the financial services industry, focusing on corporate banking, investment banking, and asset management. SMBC Americas is renowned for its tailored financial solutions, including commercial lending, trade finance, and treasury services, which cater to a diverse clientele. The firm’s commitment to innovation and customer service has positioned it as a trusted partner in the market. With a strong emphasis on sustainable finance, SMBC Americas continues to achieve notable milestones, reinforcing its reputation as a leader in the banking sector.
How does SMBC Americas Holdings, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
SMBC Americas Holdings, Inc.'s score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, SMBC Americas Holdings, Inc. reported an emissions intensity of approximately 0.83 kg CO2e per full-time employee, reflecting their operational impact on climate change. This figure represents a decrease from 2021, when the emissions intensity was about 1.02 kg CO2e per employee. The company has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets or climate pledges. In terms of energy consumption, the emissions intensity for electricity was reported at approximately 0.191 g CO2e per kWh in 2022, a notable increase from 0.111 g CO2e per kWh in 2021. This indicates a need for further assessment and potential improvement in their energy efficiency strategies. While SMBC Americas Holdings, Inc. has not established specific reduction initiatives or targets, the company is likely to continue monitoring its emissions and exploring opportunities for sustainability improvements in alignment with industry standards.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SMBC Americas Holdings, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.