The Sumitomo Corporation Group's Basic Principles on Social Contribution Activities

OBJECTIVE

We, as a global organization, will work on social issues through our business activities and social contribution activities with the aim of building a sustainable society by implementing the Sumitomo Corporation Group's Management Principles and Activity Guidelines.

ACTIVITIES

We will engage in social contribution activities aimed at developing the next generation of human resources who will drive the sustainable development of society, and contributing to local communities in areas we do business all over the world. We will also take part in various activities as a good corporate citizen.

APPROACH

We will perform and seek to continuously improve our activities with modesty and high aspirations and endeavor to maintain a high level of transparency while strengthening our relationships with all our stakeholders.

Please click here to learn more about our social contribution activities.

FY2023 Social Contribution Activity Costs

Total Social Contribution Activity Costs (unit: million yen)

• The values above for local organizations and consolidated subsidiaries were calculated based on questionnaire results.
• Does not include Associated companies.
• Values reported by overseas offices were converted to yen using the exchange rate as of February 2024.

Volunteer Leave System

Having a volunteer leave system in place to encourage employees to participate in volunteer activities

In 1998, Sumitomo Corporation initiated a volunteer leave system to encourage its employees to participate in volunteer activities.
Under the system, each employee can take up to five days off per year, and by the end of fiscal 2023, a total of 207 employees had utilized the system to participate in volunteer activities, including those for natural environment conservation, local sports competitions, international exchange, and disaster relief activities.