The Hyakugo Bank Sustainability Profile
The Hyakugo Bank, also known as Hyakugo Ginko, is a prominent financial institution headquartered in Gifu, Japan. Established in 1878, the bank has a rich history of serving the Chubu region and has expanded its operations across various parts of Japan. As a key player in the banking industry, The Hyakugo Bank offers a diverse range of services, including personal banking, corporate finance, and investment solutions, tailored to meet the needs of its clients. Renowned for its commitment to customer service and innovative financial products, The Hyakugo Bank has achieved significant milestones, including the adoption of advanced digital banking technologies. With a strong market position, it continues to be a trusted partner for individuals and businesses alike, contributing to the economic growth of the regions it serves.
DitchCarbon Score
How does The Hyakugo 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
The Hyakugo Bank's score of 32 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Hyakugo Bank's reported carbon emissions
In 2023, The Hyakugo Bank reported total carbon emissions of approximately 6.8 billion kg CO2e. This figure encompasses emissions across all scopes, with Scope 1 emissions at about 1.34 million kg CO2e, Scope 2 emissions at approximately 3.71 million kg CO2e, and Scope 3 emissions reaching about 11.2 million kg CO2e. Notably, the majority of their emissions stem from investments, which accounted for approximately 6.83 billion kg CO2e. The bank has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The absence of formal climate pledges or SBTi targets indicates a potential area for improvement in their climate strategy. Overall, The Hyakugo Bank's emissions data reflects a significant carbon footprint, highlighting the need for enhanced climate commitments and reduction strategies in alignment with industry standards.
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| 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | - | - | - | - | 0,000,000 |
| Scope 2 | - | 0,000,000 | - | - | - | - | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000 |
How Carbon Intensive is The Hyakugo Bank's Industry?
How Carbon Intensive is The Hyakugo Bank's Location?
The Hyakugo Bank's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 60965% of Scope 3 emissions.
Top Scope 3 Categories
The Hyakugo Bank's Climate Goals (2030 & 2050)
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.
The Hyakugo Bank 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.
