Aozora Bank
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.
DitchCarbon Score
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.
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
Aozora Bank's score of 31 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aozora Bank's reported carbon emissions
In 2022, Aozora Bank reported total carbon emissions of approximately 4,267,000 kg CO2e from Scope 2 and 1,060,000 kg CO2e from Scope 1. The bank's Scope 3 emissions were significant, with capital goods contributing about 2,191,000 kg CO2e, followed by employee commute at 379,000 kg CO2e and business travel at 135,000 kg CO2e. For 2021, the emissions were slightly higher, with Scope 1 at 110,000 kg CO2e, Scope 2 at 4,884,000 kg CO2e, and Scope 3 emissions reaching approximately 6,508,000 kg CO2e for capital goods. In 2020, the bank's emissions were 114,000 kg CO2e for Scope 1, 6,243,000 kg CO2e for Scope 2, and 4,893,000 kg CO2e for capital goods under Scope 3. Despite these figures, Aozora Bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The bank's emissions data is not cascaded from any parent company, indicating that it operates independently in its reporting and sustainability efforts. Overall, Aozora Bank's emissions profile highlights the need for ongoing assessment and potential strategies to mitigate its carbon footprint, particularly in Scope 2 and Scope 3 categories.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 114,000 | 000,000 | 000,000 |
| Scope 2 | 6,243,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,195,000 | 0,000,000 | 0,000,000 |
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.
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.
