Sumitomo Mitsui Trust Group, Inc.
Industry Group: Banks
Country/Region: Japan
Identifier: TKS:8309
Sumitomo Mitsui Trust Group is the fifth-largest Japanese bank by assets and revenue, with a market share of domestic loans of 3.1% as of March 2024. It is the only remaining standalone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTG is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 260 out of 1026
Universe
Global Universe 4165 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Sumitomo Mitsui Trust Group, Inc. |
19.8
Low
|
260 out of 1026 |
| Turkiye Garanti Bankasi AS |
23.7
Medium
|
388 out of 1026 |
| Powszechna Kasa Oszczednosci Bank Polski SA |
23.9
Medium
|
398 out of 1026 |
| Commerzbank AG |
24.4
Medium
|
419 out of 1026 |
| Shinhan Financial Group Co., Ltd. |
26.1
Medium
|
511 out of 1026 |
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Top Material ESG Issues for Sumitomo Mitsui Trust Group, Inc.
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Controversy Rating
Highest Controversy level that has impacted Sumitomo Mitsui Trust Group, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
