Aozora Bank, officially known as Aozora Bank, Ltd., is a prominent financial institution headquartered in Tokyo, Japan. Established in 1957, the bank has evolved significantly, focusing on providing a diverse range of banking services primarily in the retail and corporate sectors. With a strong presence in major operational regions across Japan, Aozora Bank has carved out a niche in the industry through its innovative financial solutions. The bank offers core products such as personal loans, corporate financing, and investment services, distinguished by its customer-centric approach and commitment to digital transformation. Aozora Bank has achieved notable milestones, including its successful transition to a publicly traded company, enhancing its market position as a reliable partner for both individuals and businesses. With a reputation for excellence, Aozora Bank continues to play a vital role in Japan's financial landscape.
How does Aozora 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.
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.
Aozora Bank's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Aozora Bank reported total carbon emissions of approximately 3,297,000 kg CO2e, comprising 95,000 kg CO2e from Scope 1 and 3,701,000 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significantly higher, totalling about 12,006,000 kg CO2e, with the largest contributions from capital goods and fuel and energy-related activities. Over the past few years, Aozora Bank has shown a trend of decreasing emissions in Scope 1 and Scope 2. For instance, Scope 2 emissions decreased from 6,243,000 kg CO2e in 2020 to 3,701,000 kg CO2e in 2023. However, there are no specific reduction targets or climate pledges disclosed in their reports, indicating a potential area for improvement in their climate commitments. Overall, Aozora Bank's emissions data reflects a commitment to monitoring and managing their carbon footprint, although further initiatives and targets could enhance their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 114,000 | 000,000 | 000,000 | 00,000 |
Scope 2 | 6,243,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 9,010,000 | 00,000,000 | 0,000,000 | 00,000,000 |
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.
Aozora 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.