Sumitomo Financial invested more in fossil fuels ($44.3 Bn) than in renewables ($1.1 Bn) in 2021-22

Sumitomo Mitsui Financial

Impacts of Investments in the Energy Transition

7: Affordable and Clean Energy

Written by

Ardit N. Jul 26th, 2023

Reviewed by

Luca L.

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#fossil fuel financin #Clean Energy #renewable financing #fossil fuel exposure

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Sumitomo Mitsui Financial

Impacts of Investments in the Energy Transition

7: Affordable and Clean Energy

Written by

Ardit N. Jul 26th, 2023

Reviewed by

Luca L.

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At Impaakt, we use the SDGs as an analytical framework to help our contributors structure their work, and our clients compare the impact of different companies according to well-defined, standardized themes.

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Sumitomo Financial invested more in fossil fuels ($44.3 Bn) than in renewables ($1.1 Bn) in 2021-22

Impacts of Investments in the Energy Transition

Actual Direct Impact

Assess the impact materiality of this Topic for Sumitomo Mitsui Financial

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Impacts of Investments in the Energy Transition