The Japan Bank for International Cooperation (JBIC) is a pivotal financial institution headquartered in Tokyo, Japan. Established in 1999, JBIC plays a crucial role in promoting Japanese economic interests abroad, primarily through financing and investment in infrastructure and development projects across Asia, Africa, and beyond. As a government-owned entity, JBIC focuses on providing loans, guarantees, and equity investments, uniquely positioning itself to support Japanese companies in their international ventures. With a strong emphasis on sustainable development, JBIC has made significant strides in financing renewable energy projects and fostering global trade. Recognised for its strategic partnerships and commitment to enhancing Japan's global competitiveness, JBIC continues to solidify its market position as a leader in international finance, contributing to both economic growth and environmental sustainability.
How does Japan Bank for International Cooperation'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.
Mean score of companies in the Services Auxiliary to 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.
Japan Bank for International Cooperation's score of 22 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Japan Bank for International Cooperation (JBIC) reported no specific carbon emissions data, indicating a lack of disclosed emissions figures across all scopes (Scope 1, 2, and 3). The bank's total revenue for the year was approximately USD 1.22 billion. While JBIC has not set any formal reduction targets or climate pledges, it is essential to note that the organisation is actively involved in climate finance initiatives. JBIC's emissions data is not cascaded from any parent organisation, and it operates independently in its reporting. The bank's commitment to addressing climate change is reflected in its financing strategies, although specific metrics or targets have not been disclosed. As JBIC continues to engage in climate-related projects, it remains crucial for the organisation to establish measurable goals to enhance its sustainability profile and contribute to global climate efforts.
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.
Japan Bank for International Cooperation 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.
