Hachijuni Bank Sustainability Profile
Hachijuni Bank, officially known as Hachijuni Bank, Ltd., is a prominent financial institution headquartered in Nagano, Japan. Established in 1952, the bank has grown to serve a diverse clientele across the Nagano Prefecture and surrounding regions, solidifying its position in the Japanese banking industry. Specialising in retail banking, corporate finance, and investment services, Hachijuni Bank offers a range of core products, including personal loans, savings accounts, and business financing solutions. Its commitment to customer service and community engagement sets it apart from competitors. With a strong market presence, Hachijuni Bank has achieved notable milestones, including recognition for its innovative banking solutions and sustainable practices, making it a trusted partner for individuals and businesses alike in Japan's evolving financial landscape.
DitchCarbon Score
How does Hachijuni 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
Hachijuni Bank's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hachijuni Bank's reported carbon emissions
In 2022, Hachijuni Bank reported total carbon emissions of approximately 8,060,000 kg CO2e, comprising 2,379,000 kg CO2e from Scope 1, 5,681,000 kg CO2e from Scope 2, and 8,209,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from capital goods (8,209,000 kg CO2e), employee commuting (1,848,000 kg CO2e), and purchased goods and services (6,102,000 kg CO2e). The bank's emissions data shows a slight decrease in total emissions from 2021, where total emissions were approximately 8,810,000 kg CO2e. This reduction reflects ongoing efforts to manage and mitigate carbon output, although specific reduction targets or initiatives have not been disclosed. Hachijuni Bank has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, indicating a potential area for future commitment. The emissions data is sourced directly from The Hachijuni Bank, Ltd., with no cascaded data from a parent or related organization. Overall, while Hachijuni Bank has made strides in emissions reporting, further commitments and specific reduction strategies would enhance its climate action profile.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,004,000 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,629,000 | - | - | - | - | 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 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Hachijuni Bank's Industry?
How Carbon Intensive is Hachijuni Bank's Location?
Hachijuni Bank's Scope 3 Categories Breakdown
Hachijuni Bank's Scope 3 emissions, which increased by 7% last year and increased by approximately 98% since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 72% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 40% of Scope 3 emissions.
Top Scope 3 Categories
Hachijuni 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.
Hachijuni 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.
