Gunma Bank Sustainability Profile
Gunma Bank, officially known as Gunma Bank, Ltd., is a prominent financial institution headquartered in Takasaki, Japan. Established in 1920, the bank has played a vital role in the economic development of the Gunma Prefecture and surrounding regions. Operating primarily in the banking industry, Gunma Bank offers a comprehensive range of services, including personal and corporate banking, asset management, and investment services. With a strong focus on customer satisfaction, Gunma Bank distinguishes itself through its innovative financial products and local expertise. The bank has achieved notable milestones, including the expansion of its branch network and the introduction of digital banking solutions. As a key player in the regional market, Gunma Bank continues to uphold its commitment to fostering economic growth and providing tailored financial solutions to its diverse clientele.
DitchCarbon Score
How does Gunma 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
Gunma Bank's score of 41 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gunma Bank's reported carbon emissions
In 2023, Gunma Bank reported total carbon emissions of approximately 15,000,000 kg CO2e, comprising 4,817,000 kg CO2e from Scope 1, 1,382,000 kg CO2e from Scope 2, and 10,256,000 kg CO2e from Scope 3 emissions. This represents a decrease in Scope 1 emissions from 6,728,000 kg CO2e in 2022, indicating a significant reduction effort. The bank's emissions data is self-reported and does not appear to be cascaded from a parent organisation. Gunma Bank has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for further commitment in this area. Overall, Gunma Bank's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which constitutes the majority of their carbon footprint. The bank's ongoing efforts to reduce emissions will be crucial in aligning with global climate goals.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,019,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,191,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Gunma Bank's Industry?
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Gunma 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.
Gunma 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.
