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 32 is higher than 57% 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 584,000 kg CO2e from Scope 1 and 2,714,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, where total emissions were about 3,769,000 kg CO2e, with Scope 1 emissions at 480,000 kg CO2e and Scope 2 emissions at 3,289,000 kg CO2e. The bank's emissions have shown a significant increase over the years, with 2021 emissions at approximately 1,893,000 kg CO2e and 2020 emissions at about 1,453,000 kg CO2e. This trend indicates a growing carbon footprint despite the bank's revenue increasing from about 1,076,095,291 USD in 2020 to 818,436,219 USD in 2023. Aozora Bank has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data suggests a limited scope in their current emissions reporting. The bank's commitment to addressing climate change remains unclear, highlighting a potential area for improvement in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 135,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 1,318,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - |
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.