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 40 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 notable contributions from capital goods and business travel. In 2022, Aozora Bank's emissions were approximately 3,769,000 kg CO2e, with Scope 1 emissions at 106,000 kg CO2e and Scope 2 emissions at 4,267,000 kg CO2e. The Scope 3 emissions for that year were around 4,974,000 kg CO2e. Comparatively, in 2021, the bank's total emissions were about 1,893,000 kg CO2e, with Scope 1 at 110,000 kg CO2e and Scope 2 at 4,884,000 kg CO2e. The Scope 3 emissions reached approximately 8,632,000 kg CO2e. In 2020, Aozora Bank's total emissions were approximately 1,453,000 kg CO2e, with Scope 1 emissions at 114,000 kg CO2e and Scope 2 at 6,243,000 kg CO2e. The Scope 3 emissions were about 7,413,000 kg CO2e. Despite these figures, Aozora Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects a significant reliance on Scope 3 emissions, particularly from capital goods and business travel, highlighting areas for potential improvement in their sustainability 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 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.