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 18 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aozora Bank's reported carbon emissions
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 total emissions were around 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 approximately 4,974,000 kg CO2e. The bank's emissions have shown a general trend of reduction over the years. For instance, from 2021 to 2022, there was a decrease in total emissions from about 3,893,000 kg CO2e to 3,769,000 kg CO2e. However, the Scope 3 emissions increased from approximately 8,632,000 kg CO2e in 2021 to 12,006,000 kg CO2e in 2023, indicating a need for further focus on upstream emissions. 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 intensity has varied, with a reported intensity of about 51,000 kg CO2e per square metre in 2023. Overall, while Aozora Bank has made strides in managing its carbon footprint, the lack of formal reduction commitments suggests an opportunity for enhanced climate action and transparency in its sustainability efforts.
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Add to project| 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 |
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 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.
