Shinsei Bank Group, also known as Shinsei Bank, Ltd., is a prominent financial institution headquartered in Tokyo, Japan. Established in 2000, the bank has rapidly evolved within the competitive landscape of the Japanese banking sector, focusing on retail banking, corporate finance, and asset management. Shinsei Bank offers a diverse range of core products and services, including personal loans, investment solutions, and foreign exchange services, distinguished by their customer-centric approach and innovative digital banking solutions. With a strong emphasis on technology, the bank has positioned itself as a leader in the integration of fintech within traditional banking practices. Recognised for its commitment to excellence, Shinsei Bank Group has achieved significant milestones, including notable awards for customer service and digital innovation, solidifying its reputation as a trusted financial partner in Japan and beyond.
How does Shinsei Bank Group'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.
Shinsei Bank Group's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shinsei Bank Group reported total carbon emissions of approximately 12,060,000 kg CO2e from Scope 1, 10,367,000 kg CO2e from Scope 2, and 5,496,000 kg CO2e from Scope 3 emissions, which includes investments amounting to 814,000,000 kg CO2e. This represents a significant reduction from 2022, where emissions were approximately 14,820,000 kg CO2e for Scope 1, 12,030,000 kg CO2e for Scope 2, and 1,286,000 kg CO2e for Scope 3. The total emissions for Scope 1 and 2 combined in 2023 were about 11,573,000 kg CO2e, down from 13,512,000 kg CO2e in 2022. This indicates a proactive approach to reducing direct and indirect emissions, although specific reduction targets or initiatives have not been disclosed. Shinsei Bank Group has not reported any specific climate pledges or SBTi (Science Based Targets initiative) reduction targets. The emissions data is not cascaded from a parent organization, indicating that the figures are independently reported by SBI Shinsei Bank, Limited. Overall, while Shinsei Bank Group has made strides in reducing its carbon footprint, further commitments and detailed reduction strategies would enhance its climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,299,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,191,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 |
Shinsei Bank Group's Scope 3 emissions, which increased by 327% last year and increased by approximately 327% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 32% of total emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Shinsei Bank Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

