77 Bank Sustainability Profile
77 Bank, officially known as Shichiju Nana Bank, is a prominent financial institution headquartered in Japan. Established in 1878, it has a rich history of serving the Tohoku region and beyond, with a strong presence in areas such as Miyagi and Fukushima. As a key player in the banking industry, 77 Bank offers a diverse range of services, including personal banking, corporate finance, and asset management. What sets 77 Bank apart is its commitment to community development and customer-centric solutions, which have earned it a solid reputation in the market. The bank has achieved notable milestones, including the expansion of its digital banking services, enhancing accessibility for its clients. With a focus on innovation and sustainability, 77 Bank continues to strengthen its position as a trusted financial partner in Japan.
DitchCarbon Score
How does 77 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.
Industry Average
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.
Industry Benchmark
77 Bank's score of 22 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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77 Bank's reported carbon emissions
In 2022, 77 Bank reported total carbon emissions of approximately 10,013,332,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 10,013,320,000 kg CO2e. The bank's Scope 1 emissions were about 1,185,000 kg CO2e, while Scope 2 emissions totalled approximately 8,079,000 kg CO2e. Over the past few years, 77 Bank has shown a trend of increasing emissions, with 2021 figures indicating about 10,331,000 kg CO2e in total emissions (Scope 1 and 2 combined) and 2020 emissions at approximately 12,197,000 kg CO2e. Notably, the bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised commitments to reduce emissions at this time. The emissions data is not cascaded from any parent organisation, and all figures are sourced directly from The 77 Bank, Ltd. As the bank continues to assess its climate impact, it remains crucial for them to establish clear reduction targets to align with global climate goals.
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| 2013 | 2014 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,894,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,901,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 |
How Carbon Intensive is 77 Bank's Industry?
How Carbon Intensive is 77 Bank's Location?
77 Bank's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
77 Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
77 Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
