Mizuho Bank, officially known as Mizuho Bank, Ltd., is a prominent financial institution headquartered in Tokyo, Japan. Established in 2000 through the merger of several banks, it has rapidly evolved into a key player in the global banking industry, with significant operations across Asia, Europe, and the Americas. Specialising in corporate banking, investment banking, and asset management, Mizuho Bank offers a diverse range of services, including loans, treasury services, and foreign exchange. Its commitment to innovation and customer-centric solutions distinguishes it in a competitive market. With a strong market position, Mizuho Bank has received numerous accolades for its financial stability and service excellence, reinforcing its reputation as a trusted partner for businesses and individuals alike.
How does Mizuho 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.
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.
Mizuho Bank's score of 47 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mizuho Bank reported total carbon emissions of approximately 69,706,000 kg CO2e. This figure includes 11,566,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 53,077,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity. Additionally, the bank's Scope 3 emissions, which encompass all other indirect emissions, amounted to about 5,063,000 kg CO2e. Over the years, Mizuho Bank has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were approximately 116,372,000 kg CO2e, indicating a significant reduction in emissions by about 40% from 2022 to 2023. The bank's Scope 1 and 2 emissions combined were approximately 64,643,000 kg CO2e in 2023, down from 108,878,000 kg CO2e in 2022. Despite the positive trend in emissions reduction, Mizuho Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the bank is making progress, there is potential for further commitment to structured climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 16,026,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 213,709,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 5,894,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000,000 | 0,000,000 |
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.
Mizuho Bank is not committed to any reduction initiatives 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.