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 79% 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 9,264,000 kg CO2e, comprising 1,185,000 kg CO2e from Scope 1 and 8,079,000 kg CO2e from Scope 2. Notably, the bank also disclosed significant Scope 3 emissions, amounting to about 10,013,332,000 kg CO2e, which includes emissions from business travel and employee commuting. Over the years, 77 Bank has demonstrated a commitment to reducing its carbon footprint. In 2021, the total emissions were approximately 10,331,000 kg CO2e, indicating a reduction in emissions in 2022. The bank's emissions have generally decreased from 12,397,000 kg CO2e in 2019 to the latest figures, showcasing a positive trend in their climate impact. Despite these reductions, 77 Bank has not set specific reduction targets or climate pledges, which may limit their long-term sustainability goals. The absence of formal commitments such as Science Based Targets Initiative (SBTi) targets suggests that while the bank is making progress, there is potential for further enhancement in their climate strategy.
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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.
