Japan Credit Rating Agency, Ltd. (JCR) is a prominent credit rating agency headquartered in Tokyo, Japan. Established in 2000, JCR has carved a niche in the financial services industry, specialising in credit ratings, research, and advisory services. The agency primarily serves clients across Japan and the Asia-Pacific region, providing insights that enhance investment decisions. JCR's core offerings include credit ratings for corporate entities, financial institutions, and public sector organisations, distinguished by their rigorous analytical methodologies and local market expertise. Over the years, JCR has achieved significant milestones, including recognition as a registered credit rating agency under the Financial Instruments and Exchange Act in Japan. With a strong market position, JCR is committed to delivering transparent and reliable credit assessments, contributing to the stability and growth of the financial landscape in Japan and beyond.
How does Japan Credit Rating Agency'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 Credit Rating Agency's score of 17 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Japan Credit Rating Agency (JCR) reported a CO2 emissions factor of approximately 0.00475 kg CO2e per tonne mile under Scope 1 emissions. This reflects a slight improvement from 2022, where the emissions factor was about 0.00492 kg CO2e per tonne mile. Looking ahead, JCR aims to further reduce its emissions, with a projected emissions factor of about 0.00459 kg CO2e per tonne mile for 2024 and 0.00442 kg CO2e per tonne mile for 2025. Despite these figures, JCR has not disclosed specific reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The agency's focus appears to be on improving operational efficiency and reducing emissions intensity over time. As of now, there are no documented reduction initiatives or climate pledges available, indicating a potential area for future development in their sustainability strategy.
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.
Japan Credit Rating Agency is not participating in any of the initiatives that 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.