Mizuho Bank

Mizuho Bank, headquartered in Japan, provides financial intermediation services. In 2024, its reported Scope 1 emissions were 10,427,000 kg CO2e, and its market-based Scope 2 emissions were 48,047,000 kg CO2e (138,341,000 kg CO2e on a location-based basis). For Scope 3, key categories included Capital Goods at 636,713,000 kg CO2e, Fuel and Energy Related Activities at 29,235,890 kg CO2e, and Downstream Leased Assets at 17,692,000 kg CO2e. In 2023, Mizuho Bank reported Scope 1 emissions of 11,566,000 kg CO2e, market-based Scope 2 emissions of 53,077,000 kg CO2e (143,851,000 kg CO2e location-based), and Scope 3 business travel emissions of 5,063,000 kg CO2e.

Mizuho Bank aims to achieve carbon neutrality for Scope 1 and Scope 2 greenhouse gas emissions by FY2030. Furthermore, it plans to reduce Scope 3 GHG emissions from its finance portfolio to net zero by 2050. Mizuho also has a target to reduce the outstanding credit balance for coal-fired power generation facilities by 50% by FY2030 (from a FY2019 baseline) and to achieve an outstanding credit balance of zero by FY2040. Emissions data for Mizuho Bank is inherited from its parent company, Mizuho Financial Group, Inc.