Sumitomo Mitsui Financial Group 2021 Financial Overview
Initiatives against climate change
Established "Roadmap Addressing Climate Change"
and committed to achieve net zero GHG emissions of Scope3 by 2050.
2023
2030
2040
Roadmap
Scope 3
Scope1,2
mid- to long-
term goals
Net zero
GHG emission
Zero balance for loans
extended to coal-fired
power plants
-
Medium-Term
Management Plan
Action plan
STEP1
Action plan
STEP2
Scope1&2
Scope3
: GHG emission of SMBC Group
: GHG emission of loan/investment portfolio
2050
Scope3
Net Zero
GHG Emission
Committed Aug.21
1
2
Main measures
Establish mid-/long-term targets
Specific efforts
for GHG emissions generated by Achieve net zero (Scope3) by 2050
its loan/investment portfolio
Reduce the GHG emissions of
the entire SMBC Group
Enhance businesses addressing
3 climate change and
4
decarbonization
Enhance governance/ business
management framework
Enhance risk management
5 framework
Achieve net zero (Scope 1,2) by 2030
Execute JPY 30 tn of sustainable finance
by 2030
Appoint Group CSUO and establish
Sustainability Committee
Expand scenario analysis and revise
lending policies by sectors and businesses
Participate in global initiatives
UN
environment
programme
finance
initiative
Net-Zero Banking Alliance
VPCAF
✓ PCAF
Partnership for
Carbon Accounting
Financials
TASKFORCE ON SCALING
VOLUNTARY CARBON
MARKETS
Integrity Council on
Voluntary Carbon Markets
*1 Greenhouse Gas
Copyright © 2021 Sumitomo Mitsui Financial Group.
All Rights Reserved.
49View entire presentation