The Bank of Japan (BOJ), Japan's central bank, is headquartered in Tokyo, JP. Established in 1882, it plays a pivotal role in the nation's financial system, overseeing monetary policy, currency issuance, and financial stability. The BOJ is renowned for its innovative approaches, including quantitative easing, which have significantly influenced both domestic and global markets. As a key player in the financial industry, the Bank of Japan focuses on maintaining price stability and fostering economic growth. Its core services include managing interest rates, conducting market operations, and providing financial services to the government. The BOJ's unique position as a central bank allows it to implement policies that directly impact Japan's economy, making it a crucial institution in the global financial landscape.
How does Bank Of Japan'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.
Bank Of Japan's score of 36 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Bank of Japan reported total carbon emissions of approximately 30,717,000 kg CO2e, comprising 2,923,000 kg CO2e from Scope 1, 3,952,000 kg CO2e from Scope 2, and 30,717,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions compared to previous years, while Scope 2 and Scope 3 emissions remain significant. Over the years, the Bank of Japan's emissions have shown fluctuations. For instance, in 2022, total emissions were about 30,279,000 kg CO2e, with Scope 1 at 3,215,000 kg CO2e and Scope 2 at 4,386,000 kg CO2e. The highest recorded emissions were in 2019, with a total of approximately 34,779,000 kg CO2e. Despite these figures, the Bank of Japan has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This places the institution in a broader context where many financial entities are increasingly focusing on sustainability and carbon neutrality commitments. Overall, while the Bank of Japan has made some progress in managing its emissions, the lack of formal reduction targets suggests there is room for improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 2,331,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 34,246,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 38,986,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Bank Of Japan 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.