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 65 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Mizuho Bank reported total carbon emissions of approximately 58,000,000 kg CO2e from Scope 1 and 2 sources, with Scope 1 emissions at about 11,565,502 kg CO2e and Scope 2 emissions at approximately 53,077,464 kg CO2e (market-based). The bank's Scope 3 emissions were significantly higher, totalling approximately 424,648,990 kg CO2e, primarily driven by capital goods and upstream activities. Mizuho Bank has set ambitious climate commitments, aiming for carbon neutrality in Scope 1 and 2 emissions by FY2030. Additionally, the bank plans to achieve net-zero emissions for its Scope 3 emissions, particularly those arising from its finance portfolio, by 2050. These targets reflect a long-term commitment to reducing greenhouse gas emissions and align with global climate initiatives. In 2023, Mizuho Bank's emissions were reported at approximately 69,706,000 kg CO2e in Japan, with Scope 1 emissions at about 11,566,000 kg CO2e and Scope 2 emissions (market-based) at approximately 53,077,000 kg CO2e. The bank's emissions data is cascaded from its parent company, Mizuho Financial Group, Inc., which provides a comprehensive overview of its climate impact. Mizuho Bank's initiatives also include a target to reduce its outstanding credit balance for coal-fired power generation facilities by 50% by FY2030, with a goal of achieving zero outstanding credit by FY2040. This commitment underscores the bank's proactive approach to addressing climate change and promoting sustainable finance.
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | - | 000,000,000 | 00,000,000 |
| Scope 3 | 8,335,659 | 00,000,000 | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | - | 000,000,000 |
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 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.
