77 Bank
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 31 is higher than 81% 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 breakdown of emissions includes Scope 1 emissions at approximately 1,185,000 kg CO2e and Scope 2 emissions at about 8,079,000 kg CO2e. Comparatively, in 2021, the bank's total emissions were about 10,331,000 kg CO2e, with Scope 1 at approximately 1,483,000 kg CO2e and Scope 2 at around 8,848,000 kg CO2e. This indicates a slight reduction in total emissions from 2021 to 2022. 77 Bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of documented reduction targets suggests that while the bank is aware of its carbon footprint, it may not yet have established formal commitments to reduce emissions in the future. Overall, 77 Bank's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the majority of its carbon footprint, and the need for clear climate commitments moving forward.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
77 Bank is not participating in any of the initiatives that 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.
