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 9 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, 8,079,000 kg CO2e from Scope 2, and a significant 10,013,332,000 kg CO2e from Scope 3 emissions. This indicates a substantial reliance on indirect emissions, particularly from business travel and employee commuting. Over the years, 77 Bank has demonstrated a trend of reducing its Scope 1 and Scope 2 emissions. For instance, in 2021, the total emissions from these scopes were about 10,331,000 kg CO2e, down from approximately 12,397,000 kg CO2e in 2020. This reflects a commitment to improving energy efficiency and reducing direct operational impacts. However, there are currently no specific reduction targets or climate pledges disclosed by 77 Bank, which may limit their accountability in addressing climate change. The absence of Science-Based Targets Initiative (SBTi) reduction targets suggests a need for more structured climate commitments to align with global climate goals. Overall, while 77 Bank has made progress in reducing its direct emissions, the significant Scope 3 emissions highlight the importance of broader strategies to tackle their overall carbon footprint.
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Add to project| 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 committed to any reduction initiatives 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.
