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 265 out of 1022
Universe
Global Universe 4261 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| E.SUN Financial Holding Co., Ltd. |
10.9
Low
|
49 out of 1022 |
| CIMB Group Holdings Bhd. |
15.1
Low
|
134 out of 1022 |
| Sumitomo Mitsui Trust Group, Inc. |
19.8
Low
|
265 out of 1022 |
| Credicorp Ltd. |
21.2
Medium
|
314 out of 1022 |
| Powszechna Kasa Oszczednosci Bank Polski SA |
23.9
Medium
|
397 out of 1022 |
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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
