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 (BoJ) reported total carbon emissions of approximately 34,421,000 kg CO2e globally. This figure includes 3,979,000 kg CO2e from Scope 1 emissions and 29,455,000 kg CO2e from Scope 2 emissions, with an additional 987,000 kg CO2e from Scope 3 emissions. Notably, the BoJ's Scope 3 emissions in Japan for the same year amounted to about 6,800,000 kg CO2e, with significant contributions from investments (6,800,000 kg CO2e), capital goods (8,600 kg CO2e), and purchased goods and services (24,000 kg CO2e). In terms of historical data, the BoJ's Scope 1 and 2 emissions in Japan were approximately 9,270,000 kg CO2e in 2023, a slight decrease from 9,736,000 kg CO2e in 2022. The bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised commitments to emissions reduction at this time. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by the Bank of Japan. The bank continues to monitor its carbon footprint and engage in climate-related disclosures, aligning with industry standards for transparency and accountability in climate action.
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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.
