Sumitomo Corporation

Unverified
XFID Unique Identifier for Sumitomo Corporation: XO9Z0YPTVR
Country
Japan
Sector
Traders & Distributors
Website
www.sumitomocorp.com
3 Second Party Opinions
1 Framework

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE G Wholesale & Retail Trade

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Sumitomo Corporation, Japan (Tokyo) SPO 2022 2022
Issuer sector/industry classification
Wholesale & Retail Trade Company Profile

Green / Sustainable Finance Framework

Eligible use-of-proceeds categories
Renewable Energy, Environmentally Sustainable Management of Living Natural Resources and Land Use, Clean Transportation, Energy Efficiency, Battery Storage, Forest Management, Urban Passenger Railways, Base Station Sharing Services, Energy-Efficient Properties, Water Infrastructure, Green Buildings, Telecommunications in underserved areas, Financial Services in underserved areas SPO 2024 2024
Sustainable bond framework name and version
Sumitomo Corporation Sustainable Finance Framework, February 2024 SPO 2024 2024
Framework publication date and update history
February 2024 SPO 2024 2024
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds, Green loans, Social loans SPO 2024 2024
Project evaluation and selection process description
Eligible projects are selected by Finance Department based on eligibility criteria with support from Sustainability Promotion Department. Final decision made by executive officer in charge of Finance, Accounting and Risk Management. Environmental and social risks are managed through companywide risk management framework. SPO 2022 2022
Management of proceeds approach
Proceeds allocated to green and social eligible projects. Clear eligibility criteria defined with environmental benefits and social outcomes expected. Risk management framework manages negative environmental and social impacts. SPO 2024 2024
Reporting commitments under framework
Annual allocation reporting by Finance Department SPO 2022 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 SPO 2024 2024
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Social Bond Principles 2023 and Sustainability Bond Guidelines 2021 SPO 2024 2024
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles 2023 and Social Loan Principles 2023 SPO 2024 2024
Alignment with UN Sustainable Development Goals
SDG 7 (Affordable and Clean Energy), SDG 11 (Sustainable Cities and Communities), SDG 15 (Life on Land) SPO 2022 2022

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Rating and Investment Information, Inc. (R&I), February 22, 2024 SPO 2024 2024
SPO assessment scope and methodology
Assessment of credibility and environmental/social impact; alignment with Green Bond Principles 2021, Social Bond Principles 2023, Sustainability Bond Guidelines 2021, Green Loan Principles 2023, and Social Loan Principles 2023 SPO 2024 2024
SPO preliminary evaluation or credibility rating
Credible and impactful; aligns with four core components of Green Bond Principles 2021 and Green Loan Principles 2021 SPO 2022 2022

Changes Over Time

Items where disclosed information changed across documents.

Eligible use-of-proceeds categories
2022 Renewable energy, environmentally sustainable management of biological natural resources and land use, clean transportation, energy efficiency →
2024 Renewable energy generation, battery storage, forest management, urban passenger railways, base station sharing services, energy-efficient properties, water infrastructure, green buildings, telecommunications in underserved areas, and financial services in geographically and socio-economically disadvantaged areas
Alignment with ICMA Green Bond Principles
2022 2021 Green Bond Principles - 4 requirements met →
2024 Aligned with Green Bond Principles 2021
Second Party Opinion (SPO) provider name
2022 Sustainalytics →
2024 Rating and Investment Information, Inc. (R&I)
Sustainable bond framework name
2022 Sumitomo Corporation Green Finance Framework →
2024 Sustainable Finance Framework
Bond types covered under framework
2022 Green bonds and green loans →
2024 Green bonds, social bonds, sustainability bonds, green loans, and social loans
Project evaluation and selection process description
2022 Finance Department selects eligible projects based on eligible criteria with support from Sustainability Promotion Department; final decision made by Executive Officer in charge of Finance, Accounting and Risk Management; process includes management of environmental and social risks →
2024 Eligible projects are consistent with company criteria; companywide risk management framework manages negative environmental and social impacts
SPO assessment scope
2022 Assessment of Green Finance Framework credibility, environmental improvement effects, alignment with Green Bond Principles 2021 and Green Loan Principles 2021, eligible categories, project evaluation and selection process, fund management, and reporting practices →
2024 Alignment with ICMA and Loan Market Association principles; Use of Proceeds; Process for Project Evaluation and Selection