Sumitomo Forestry Co Ltd is a diversified company that focuses on timber and building materials as well as residential construction. The company’s timber business is one of Japan’s leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company’s timber materials and design. These two business units provide the majority of the company’s revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.
Sumitomo Forestry Co Ltd
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4.2
Overall Excellence Rating
Industry
Farming Ranching & ForestryCategory
Agriculture & ForestryESG/Ethical Impact
Sumitomo Forestry’s social impact is evident in its contributions to local economies and communities. The company creates job opportunities in rural areas through forestry operations, supporting economic development and stability. Moreover, Sumitomo Forestry’s emphasis on sustainable forestry practices safeguards biodiversity and the ecosystems in the regions where it operates, preserving the cultural and environmental heritage of these communities. Sumitomo Forestry’s primary focus is on forestry, wood products, and construction, making its environmental impact significant. The company manages vast forest resources and is committed to sustainable logging practices, afforestation, and reforestation. Sumitomo Forestry also promotes the use of wood as a sustainable building material, which can help reduce carbon emissions compared to other construction materials. By prioritizing sustainable forestry and advocating for wood-based construction, the company contributes to environmental conservation and the reduction of greenhouse gas emissions. Sumitomo Forestry places a strong emphasis on governance and ethical conduct within the timber and construction industry. The company adheres to stringent forestry and business regulations, ensuring transparency and accountability in its operations. Sumitomo Forestry’s commitment to responsible governance safeguards against illegal logging, habitat destruction, and unethical business practices, contributing to the overall integrity and sustainability of the timber industry.
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Awards Received
2023
Revenues
$10,000,000,000.00
Website Traffic
Employee Rating
3.6
Customer Rating
4.1
Company Size
10000+
ESG Risk Rating
4
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