Sumitomo Mitsui Trust head offices in Tokyo. Photo: Google Earth/StreetviewSumitomo Mitsui Trust Holdings is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It provides financial services to retail and wholesale customers, with a focus on asset management, financial brokerage and real estate. Its main operating company is the Sumitomo Mitsui Trust Bank which is the largest trust company and the fifth-largest bank in Japan measured by assets. The company has no capital relationship with the Sumitomo Mitsui Financial Group. The two banking groups are similarly named because both are descended from the historical Sumitomo and Mitsui conglomerates. Sumitomo Mitsui Trust Bank adopted the Equator Principles in 2016, and is profiled as part of BankTrack's Equator Principles Track and Chase project.
| Website | http://www.smth.jp/en/ |
| Headquarters |
1-4-1 Marunouchi, Chiyoda-ku
Tokyo
Japan
|
| CEO/chair |
Hitoshi Tsunekage Chairman |
| Supervisor | |
| Annual reports |
Interim Report 2018 CSR report 2018 Annual report 2018 |
| Ownership |
listed on Tokyo Stock Exchange
Sumitomo Mitsui Trust Holdings' share holder structure can be accessed here. |
Sumitomo Mitsui Trust Holdings' policies can be found on its corporate social responsibility webpage.
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Sumitomo Mitsui Trust Holdings adopted the Equator Principles in 2016.
Sumitomo Mitsui Trust Holdings must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Sumitomo Mitsui Trust Holdings is involved in financing the following Equator Principles projects that BankTrack considers controversial.