Dbj Sustainability Profile
DBJ, or Development Bank of Japan, is a prominent financial institution headquartered in Tokyo, Japan. Established in 1951, it has played a pivotal role in supporting Japan's economic development through various financial services. The bank primarily operates in the financial services industry, focusing on investment and loan services that cater to both public and private sectors. DBJ is renowned for its unique approach to financing, offering tailored solutions that promote sustainable growth and innovation. With a strong emphasis on environmental, social, and governance (ESG) criteria, the bank has positioned itself as a leader in responsible investment. Over the years, DBJ has achieved significant milestones, including its involvement in major infrastructure projects and its commitment to fostering regional development. As a key player in Japan's financial landscape, DBJ continues to enhance its market position through strategic partnerships and a diverse portfolio of services.
DitchCarbon Score
How does Dbj'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
Dbj's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dbj's reported carbon emissions
In 2022, DBJ (Development Bank of Japan) reported total emissions of approximately 1,584,000 kg CO2e, which are classified under Scope 1 and 2 emissions. This figure represents a significant reduction from 2021, where emissions were about 2,473,000 kg CO2e. The trend indicates a commitment to lowering carbon emissions, with a notable decrease of approximately 889,000 kg CO2e over the year. DBJ has set ambitious reduction targets for its entire portfolio, aiming for a 35% reduction in Scope 1 and 2 emissions compared to 2013 levels by the year 2030. This commitment reflects the bank's proactive approach to climate action and aligns with industry standards for sustainability. The emissions data is sourced directly from the Development Bank of Japan Inc., with no cascaded data from parent or related organizations. As of 2023, DBJ continues to focus on enhancing its sustainability practices, although specific emissions data for that year has not been disclosed. The bank's ongoing initiatives and targets underscore its dedication to addressing climate change and reducing its carbon footprint.
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| 2016 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 74,962,000 | - | - | - |
| Scope 2 | 406,428,000 | - | - | - |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Dbj's Industry?
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Dbj'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.
Dbj 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.
