Company Directory - Sumitomo Corporation
Company Details - Sumitomo Corporation

Sumitomo Corporation
WebsiteJapan
Sumitomo Corporation is a major Japanese company active in diverse industries, including mining, metal products, transportation & construction systems, chemicals & electronics, and more. The corporation has a significant presence in both national and international markets, partnering with various companies, such as Teck Resources for mining projects like the Quebrada Blanca 2 copper project.
CCI Score
CCI Score: Sumitomo Corporation
34.10
-0.02%
Latest Event
Sumitomo’s Role in the Quebrada Blanca 2 Copper Project
The article highlights Sumitomo Corporation’s involvement as a partner with Teck Resources in the Quebrada Blanca 2 copper project in Chile, a venture expected to boost Teck’s copper production by roughly 75%.
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DISSENTER
Sumitomo Corporation is currently rated as a Dissenter.
Latest Events
- APR012025
The article highlights Sumitomo Corporation’s involvement as a partner with Teck Resources in the Quebrada Blanca 2 copper project in Chile, a venture expected to boost Teck’s copper production by roughly 75%.
- DEC052024
Sumitomo Rubber reached an agreement with USW Local 135L to provide a comprehensive separation benefits package for 1,500 former employees following the abrupt closure of its Tonawanda plant. The deal includes compensation based on years of service, extended health coverage, retirement benefits, and career transition services, marking a positive step in addressing workers' rights and union negotiations.
+80
Labor Relations and Human Rights Practices
April 2
The negotiated separation benefits package demonstrates a proactive approach to protecting laid-off workers' rights by securing fair compensation and additional support services. This agreement represents a significant positive action in the realm of labor relations and human rights practices, countering authoritarian management practices by empowering and safeguarding the workforce.
- MAY212024
The annual report details SCOA’s commitment to preventing modern slavery, including forced and child labour, through extensive due diligence, supply chain ethics, and employee training processes. Approved on May 21, 2024, the document outlines proactive measures to uphold labor rights and human rights standards across its operations and supply chains.
+70
Labor Relations and Human Rights Practices
April 2
The report provides detailed documentation of SCOA's proactive initiatives including human rights due diligence, mandatory training, and ongoing assessments aimed at preventing forced and child labour. These measures reflect a strong commitment to labor rights and ethical business practices.
SCOA Annual Report on Forced and Child Labour in Supply Chains for FY2023
+60
Supply Chain Ethics
April 2
The document emphasizes strict supply chain due diligence and ethical sourcing practices, supported by targeted training programs and risk assessments to identify and mitigate possible human rights abuses. This approach reinforces ethical supply chain management.
SCOA Annual Report on Forced and Child Labour in Supply Chains for FY2023
- MAY212024
Sumitomo Corporation of Americas released its Annual Report on Forced and Child Labour in Supply Chains for FY2023, detailing robust due diligence practices, human rights policies, and supply chain management steps to prevent modern slavery, including forced and child labour. The report, approved on May 21, 2024, outlines employee training, internal reporting mechanisms, and engagement with external consultants to assess and mitigate human rights risks.
+80
Labor Relations and Human Rights Practices
April 2
The report highlights Sumitomo's strong commitment to protecting labor rights by implementing rigorous due diligence measures, internal reporting systems, and employee training programs. Such steps reinforce the company’s adherence to international labour standards, ensuring that forced and child labour are prevented within its operations and supply chains.
SCOA Annual Report on Forced and Child Labour in Supply Chains for FY2023
+75
Supply Chain Ethics
April 2
The document provides detailed insights into how Sumitomo manages its supply chain to adhere to strict ethical standards. It outlines procedures for identifying and mitigating risks of forced labour and child labour, reflecting proactive supply chain ethics and transparency in business practices.
SCOA Annual Report on Forced and Child Labour in Supply Chains for FY2023
- APR012024
Sumitomo Chemical Group released a comprehensive statement on April 1, 2024, reaffirming its commitment to combat modern slavery and human trafficking. The statement details robust measures including strict supply chain due diligence, prohibition of forced and child labor, compliance training, and supplier engagement to ensure adherence to international human rights standards.
+70
Labor Relations and Human Rights Practices
April 2
The statement emphasizes the prohibition of forced and child labor, supported by human rights due diligence and compliance reviews, demonstrating a robust commitment to protecting worker rights and aligning with international human rights norms.
Sumitomo Chemical Group Statement against Modern Slavery and Human Trafficking
+70
Supply Chain Ethics
April 2
The Group outlines proactive supply chain management strategies including due diligence assessments, supplier monitoring, and integration of human rights clauses in contracts to prevent modern slavery and ensure ethical sourcing, which enhances overall supply chain ethics.
Sumitomo Chemical Group Statement against Modern Slavery and Human Trafficking
- FEB012021
In February 2021, SEIU Local 32BJ filed a human rights complaint alleging that the cleaning contractor at Miami Tower, a property associated with Sumitomo Corporation, repeatedly exposed janitors to unsafe working conditions and retaliated against their union organizing efforts. The union has criticized Sumitomo for not responding to the allegations, highlighting a failure to uphold human rights and corporate social responsibility standards.
-50
Labor Relations and Human Rights Practices
April 2
The incident involves a union complaint about unsafe working conditions and retaliation against janitors, reflecting a failure in labor relations and human rights practices. Sumitomo Corporation's lack of response to the complaint raises concerns about its commitment to worker safety and fair labor practices, particularly in the context of corporate social responsibility.
- FEB012021
In February 2021, SEIU Local 32BJ filed a human rights complaint alleging that Sumitomo Corporation failed to address unsafe working conditions and retaliatory actions against janitors at Miami Tower by its cleaning contractor, SFM Services. The union has repeatedly requested a meeting with Sumitomo, which has not provided a response.
-50
Labor Relations and Human Rights Practices
April 2
The union's complaint indicates significant concerns over labor rights violations, including exposing janitors to unsafe conditions and retaliation when attempting to organize. Sumitomo Corporation’s failure to respond to these serious allegations demonstrates a neglect of their human rights and labor obligations, warranting a negative score.
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- 423710
- Hardware Merchant Wholesalers
- 423990
- Other Miscellaneous Durable Goods Merchant Wholesalers
- 541611
- Administrative Management and General Management Consulting Services
- 541618
- Other Management Consulting Services