Bank Of Japan Sustainability Profile
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.
DitchCarbon Score
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.
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
Bank Of Japan's score of 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Of Japan's reported carbon emissions
In 2023, the Bank of Japan reported total carbon emissions of approximately 34.4 million kg CO2e. This figure includes Scope 1 emissions of about 3.98 million kg CO2e, Scope 2 emissions of approximately 29.5 million kg CO2e, and Scope 3 emissions of about 987,000 kg CO2e. The total emissions for 2022 were slightly higher at approximately 36.2 million kg CO2e, with Scope 1 at about 4.39 million kg CO2e, Scope 2 at around 31.1 million kg CO2e, and Scope 3 at approximately 771,000 kg CO2e. The Bank of Japan has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented pledges to reduce emissions. The emissions data is not cascaded from any parent organization, indicating that the Bank of Japan independently reports its emissions and climate performance. Overall, the Bank of Japan's emissions reflect its operational impact, with a significant portion stemming from energy consumption (Scope 2). The absence of reduction targets suggests a need for further commitment to climate action within the financial sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,818,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 35,168,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is Bank Of Japan's Industry?
How Carbon Intensive is Bank Of Japan's Location?
Bank Of Japan's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bank Of Japan has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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