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Public Profile
Financial Intermediation
JP
updated 14 days ago

77 Bank Sustainability Profile

Company website

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.

22

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.

29

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.

27%

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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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201320142019202020212022
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. 77 Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is 77 Bank's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for 77 Bank is in JP, which has a low grid carbon intensity relative to other regions.

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

2022
Employee Commuting
<1%
Business Travel
<1%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare 77 Bank's Emissions with Industry Peers

SBI Group

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

The Joyo Bank, Ltd.

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

Citi

US
•
Services auxiliary to financial intermediation (67)
Updated 20 days ago

North Pacific Bank

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

JAPAN POST BANK Co., Ltd.

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

The Nishi-Nippon City Bank, Ltd.

JP
Updated 25 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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