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 31 is higher than 51% 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 1,185,000 kg CO2e and Scope 2 emissions at 8,079,000 kg CO2e. The total emissions from Scope 1 and 2 combined were approximately 9,264,000 kg CO2e. Over the past few years, 77 Bank has shown a trend of decreasing emissions in Scope 1 and 2. For instance, in 2021, the total emissions for Scope 1 and 2 were about 10,331,000 kg CO2e, down from approximately 12,197,000 kg CO2e in 2020. This indicates a commitment to reducing their operational carbon footprint. However, there are currently no specific reduction targets or climate pledges documented, and the bank does not appear to have cascaded data from any parent organization. The emissions data is sourced directly from The 77 Bank, Ltd. and reflects their independent reporting efforts. 77 Bank's emissions strategy aligns with industry standards, focusing on transparency and accountability in their carbon reporting, although further commitments to reduction initiatives would enhance their climate action profile.
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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.
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