Chiba Bank Sustainability Profile
Chiba Bank, officially known as Chiba Bank, Ltd., is a prominent financial institution headquartered in Chiba, Japan. Established in 1920, the bank has grown to become a key player in the Japanese banking sector, primarily serving the Kanto region, including Tokyo and its surrounding areas. Specialising in retail and corporate banking, Chiba Bank offers a diverse range of services, including personal loans, business financing, and investment products. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong market position, Chiba Bank has achieved notable milestones, including the expansion of its digital banking services, which enhance customer accessibility and convenience. As a trusted financial partner, Chiba Bank continues to play a vital role in supporting local economies and businesses.
DitchCarbon Score
How does Chiba 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
Chiba Bank's score of 51 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chiba Bank's reported carbon emissions
In 2023, Chiba Bank reported total carbon emissions of approximately 5,608,000 kg CO2e. This figure includes 684,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 4,924,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity. The bank's Scope 3 emissions, which encompass a broader range of indirect emissions, totalled approximately 12,622,906,000 kg CO2e, with significant contributions from purchased goods and services (9,634,000 kg CO2e) and investments (12,622,906,000 kg CO2e). Chiba Bank has set ambitious climate commitments, aiming for a 70% reduction in CO2 emissions from fiscal 2013 levels by 2030. This target applies to both Scope 1 and Scope 2 emissions, reflecting the bank's commitment to enhancing energy efficiency and reducing electricity consumption. The bank is currently on track to meet its near-term reduction goals. The emissions data is not cascaded from any parent organization, indicating that Chiba Bank independently reports its carbon footprint and climate initiatives. The bank's proactive approach to climate action aligns with industry standards and demonstrates its commitment to sustainability in the financial sector.
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| 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,049,000 | - | - | - | - | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,131,000 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Chiba Bank's Industry?
How Carbon Intensive is Chiba Bank's Location?
Chiba Bank's Scope 3 Categories Breakdown
Chiba Bank's Scope 3 emissions, which increased by 99% last year and decreased by approximately 3% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Chiba Bank'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.
Chiba Bank 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.
