Mizuho Bank
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Mizuho Bank's score of 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mizuho Bank's reported carbon emissions
In 2023, Mizuho Bank reported total carbon emissions of approximately 69,706,000 kg CO2e, with Scope 1 emissions at about 1,278,000 kg CO2e and Scope 2 emissions at approximately 120,513,000 kg CO2e. The bank has made significant commitments to reduce its carbon footprint, aiming for carbon neutrality in Scope 1 and 2 emissions by FY2030. Additionally, Mizuho plans to achieve net-zero emissions for Scope 3 emissions, which include those generated through its finance portfolio, by 2050. In previous years, Mizuho's emissions were as follows: in 2022, total emissions were about 116,372,000 kg CO2e; in 2021, approximately 151,818,000 kg CO2e; and in 2020, around 165,769,000 kg CO2e. The bank has demonstrated a downward trend in emissions, with a notable reduction from 226,335,000 kg CO2e in 2018 to 69,706,000 kg CO2e in 2023. Mizuho is also targeting a 50% reduction in its outstanding credit balance for coal-fired power generation facilities by FY2030, with a goal of achieving zero outstanding credit by FY2040. These initiatives reflect Mizuho Bank's commitment to sustainability and its proactive approach to addressing climate change.
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| 2016 | 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 | 0,000,000 | 0,000,000 |
| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
