Sumitomo Mitsui Financial Group, Inc.
Industry Group: Banks
Country/Region: Japan
Identifier: TKS:8316
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan’s second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, its market share of domestic loans was 7.2%, compared with 8.0% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan’s largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan’s third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 272 out of 1026
Universe
Global Universe 4398 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| National Australia Bank Ltd. |
15.2
Low
|
132 out of 1026 |
| Westpac Banking Corp. |
17.2
Low
|
191 out of 1026 |
| The Toronto-Dominion Bank |
19.8
Low
|
262 out of 1026 |
| Sumitomo Mitsui Financial Group, Inc. |
20.2
Medium
|
272 out of 1026 |
| ICICI Bank Ltd. |
22.5
Medium
|
353 out of 1026 |
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Top Material ESG Issues for Sumitomo Mitsui Financial Group, Inc.
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Controversy Rating
Highest Controversy level that has impacted Sumitomo Mitsui Financial Group, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
