Public Profile

Gunma Bank

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.

16

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.

13

Industry Benchmark

Gunma Bank's score of 16 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

Gunma Bank's reported carbon emissions

In 2023, Gunma Bank reported total carbon emissions of approximately 6,000,000 kg CO2e, comprising 4,817,000 kg CO2e from Scope 1, 1,382,000 kg CO2e from Scope 2, and 13,220,000 kg CO2e from Scope 3 emissions. This indicates a significant reliance on indirect emissions, particularly from purchased goods and services. Over the years, Gunma Bank has shown a trend of fluctuating emissions. For instance, in 2021, the total emissions were about 10,256,000 kg CO2e, with Scope 1 emissions at 8,647,000 kg CO2e and Scope 2 at 1,609,000 kg CO2e. The bank's emissions peaked in 2019 at approximately 10,665,000 kg CO2e, with a notable reduction in subsequent years. Despite these figures, Gunma Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry context where financial institutions are increasingly pressured to enhance their sustainability practices and transparency regarding carbon emissions. Overall, while Gunma Bank has made strides in reporting its emissions, the absence of clear reduction targets suggests an opportunity for further commitment to climate action.

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Add to project
20132014201520162017201820192020202120222023
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
-
-
-
-
-
-
-
-
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gunma Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Gunma Bank is headquartered in JP, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Gunma Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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