SBI Group

SBI Group, headquartered in Japan and operating within financial intermediation services (excluding insurance and pension funding), has established robust climate commitments. For fiscal year 2024, the company reported total greenhouse gas (GHG) emissions of approximately 10.87 billion kg CO2e. This figure comprises approximately 1.07 billion kg CO2e from Scope 1 emissions, about 9.80 billion kg CO2e from Scope 2 emissions, and approximately 5.92 billion kg CO2e from Scope 3 emissions.

Looking at prior years, SBI Group's total emissions for fiscal year 2023 were approximately 11.57 billion kg CO2e, with Scope 1 at 1.21 billion kg CO2e, Scope 2 at 10.37 billion kg CO2e, and Scope 3 at 5.50 billion kg CO2e. In fiscal year 2022, total emissions stood at approximately 13.51 billion kg CO2e, including Scope 1 emissions of 1.48 billion kg CO2e, Scope 2 emissions of 12.03 billion kg CO2e, and Scope 3 emissions of 1.29 billion kg CO2e. For fiscal year 2021, total Scope 1 and 2 emissions were approximately 19.49 billion kg CO2e, with Scope 1 at 1.30 billion kg CO2e and Scope 2 at 18.19 billion kg CO2e; Scope 3 data was not disclosed for this year.

SBI Group has outlined ambitious targets to address its environmental impact. The company is committed to achieving net zero GHG emissions for Scope 1 and Scope 2 by FY2050, aligning with the national target of carbon neutrality by 2050. As an interim goal, SBI Group aims for a 33% reduction in emissions by FY2030, benchmarked against its FY2018 levels. This target applies to both Scope 1 and Scope 2 emissions.

While Scope 3 emissions are reported, specific reduction targets for this scope are not detailed in the provided information. However, the company is actively engaged in monitoring and reporting its emissions, with Scope 1, 2, and 3 data disclosed for fiscal years 2020 through 2024. For fiscal year 2025, preliminary data indicates Scope 1 emissions of 0 kg CO2e and notes that Scope 3 data for purchased goods and services is a missing data point.