Mizuho Bank, officially known as Mizuho Bank, Ltd., is a prominent financial institution headquartered in Tokyo, Japan. Established in 2000 through the merger of several banks, it has rapidly evolved into a key player in the global banking industry, with significant operations across Asia, Europe, and the Americas. Specialising in corporate banking, investment banking, and asset management, Mizuho Bank offers a diverse range of services, including loans, treasury services, and foreign exchange. Its commitment to innovation and customer-centric solutions distinguishes it in a competitive market. With a strong market position, Mizuho Bank has received numerous accolades for its financial stability and service excellence, reinforcing its reputation as a trusted partner for businesses and individuals alike.
How does Mizuho Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Mizuho Bank's score of 59 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mizuho Bank reported total carbon emissions of approximately 69,706,000 kg CO2e. This figure includes Scope 1 emissions of about 1,278,000 kg CO2e and Scope 2 emissions of approximately 120,513,000 kg CO2e. The bank also recorded Scope 3 emissions related to business travel, amounting to about 5,063,000 kg CO2e. Mizuho Bank has set ambitious climate commitments, aiming for carbon neutrality in Scope 1 and 2 emissions by FY2030. Additionally, the bank plans to achieve net-zero emissions for Scope 3 emissions from its finance portfolio by 2050. As part of its strategy, Mizuho intends to reduce its outstanding credit balance for coal-fired power generation facilities by 50% by FY2030 and aims for a complete phase-out by FY2040. Overall, Mizuho Bank is actively working towards significant reductions in its carbon footprint, aligning with global climate goals and demonstrating a commitment to sustainability in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 16,026,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 213,709,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 5,894,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mizuho Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.