Mizuho Bank, officially known as Mizuho Bank, Ltd., is a prominent financial institution headquartered in Tokyo, Japan. Established in 2000, it emerged from the merger of several banks, positioning itself as a key player in the financial intermediation services sector, specifically excluding insurance and pension funding services.
With a strong presence in Asia, Europe, and the Americas, Mizuho Bank offers a diverse range of services, including corporate banking, investment banking, and asset management. Its commitment to innovation and customer-centric solutions distinguishes it in a competitive market. Notably, Mizuho Bank has achieved significant milestones, including recognition for its robust risk management practices and sustainable finance initiatives, solidifying its reputation as a trusted partner in the global financial landscape.
+27 vs industry average
Mizuho Bank’s score of 62 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mizuho Bank's reported carbon emissions
Mizuho Bank, headquartered in Japan and operating in financial intermediation services (excluding insurance and pension funding), is committed to significant greenhouse gas (GHG) emission reductions. **Recent Emissions Data:** For the year 2024, Mizuho Bank reported total global emissions of approximately **93.1 billion kg CO2e**. This figure is a sum of Scope 1, 2, and 3 emissions. * Scope 1 emissions for 2024 were approximately 10.4 million kg CO2e. * Scope 2 emissions in 2024, using the market-based approach, totalled about 48.0 million kg CO2e, and the location-based approach indicated approximately 138.4 million kg CO2e. * Scope 3 emissions for 2024 included significant contributions from capital goods (about 636.7 million kg CO2e), fuel and energy-related activities (approximately 29.2 million kg CO2e), and downstream leased assets (around 17.7 million kg CO2e). Other reported Scope 3 categories include employee commute, business travel, upstream leased assets, purchased goods and services, and waste generated in operations. In 2023, total global emissions were approximately **93.1 billion kg CO2e**. * Scope 1 emissions for 2023 were approximately 11.6 million kg CO2e. * Scope 2 emissions in 2023, market-based, were about 53.1 million kg CO2e, with the location-based figure at approximately 143.9 million kg CO2e. * Scope 3 emissions for 2023 included business travel (around 5.1 million kg CO2e). **Climate Commitments and Reduction Targets:** Mizuho Bank has established ambitious climate targets: * **Carbon Neutrality by FY2030:** The bank aims to achieve carbon neutrality for Scope 1 and Scope 2 GHG emissions by fiscal year 2030. * **Net Zero Scope 3 by 2050:** Mizuho is committed to reducing Scope 3 GHG emissions, particularly those generated via its finance portfolio, to net zero by 2050. * **Coal-Fired Power Reduction:** As part of its Environmental and Social Management Policy for Financing and Investment Activity, Mizuho plans to reduce the outstanding credit balance for coal-fired power generation facilities by 50% by FY2030 compared to FY2019 levels, with a target of achieving an outstanding credit balance of zero by FY2040. * **International Shipping:** Mizuho has adopted a target of achieving net-zero GHG emissions from international shipping by around 2050. The bank's emissions data is not cascaded from a parent organisation; it is reported directly.
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Mizuho Bank’s Climate Goals (2030 & 2050)
9 goals2030
As part of such efforts, Mizuho is aiming to become carbon n…
As part of such efforts, Mizuho is aiming to become carbon neutral for Scope 1 and 2 greenhouse gas (GHG) emissions by FY2030, and to reduce…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Mizuho Bank
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