The Hyakugo Bank
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 40 is higher than 62% 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 13,410,000 kg CO2e, comprising 1,341,000 kg CO2e from Scope 1, 3,707,000 kg CO2e from Scope 2, and 10,084,000 kg CO2e from Scope 3 emissions, which include significant contributions from capital goods (9,115,000 kg CO2e) and employee commuting (1,677,000 kg CO2e). The combined total for Scope 1 and Scope 2 emissions was about 5,048,000 kg CO2e. In 2022, the bank's emissions were slightly higher, with total emissions of approximately 14,970,000 kg CO2e, including 1,397,000 kg CO2e from Scope 1, 3,630,000 kg CO2e from Scope 2, and 11,000,000 kg CO2e from Scope 3, which featured substantial emissions from investments (5,715,383,000 kg CO2e) and employee commuting (1,823,000 kg CO2e). The Hyakugo Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of SBTi reduction targets or documented climate pledges. The emissions data is sourced directly from The Hyakugo Bank, with no cascading from a parent or related organization. Overall, the bank's emissions reflect its operational impact and highlight areas for potential improvement in sustainability practices, particularly in Scope 3 emissions, which represent a significant portion of its carbon footprint.
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| 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,649,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,624,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 00,000,000 |
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.
The Hyakugo 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.
