The Joyo Bank, Ltd., a prominent financial institution headquartered in Japan, has been serving its clients since its establishment in 1920. With a strong presence in the Kanto region, particularly in Ibaraki and Tokyo, the bank operates within the banking and financial services industry, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. Joyo Bank is renowned for its commitment to customer service and innovative banking solutions, including personal and corporate banking, investment services, and asset management. The bank's unique approach combines traditional banking values with modern technology, ensuring a seamless experience for its customers. Over the years, Joyo Bank has achieved significant milestones, solidifying its position as a trusted financial partner in Japan's competitive market.
How does The Joyo Bank, Ltd.'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.
The Joyo Bank, Ltd.'s score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Joyo Bank, Ltd., headquartered in Japan (JP), currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Mebuki Financial Group, Inc., any emissions data or climate commitments would be inherited from this parent organization. At this time, The Joyo Bank has not established specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Given the lack of specific emissions data and reduction commitments, it is essential for The Joyo Bank to consider aligning with industry standards and best practices in climate action, potentially following the lead of its parent company, Mebuki Financial Group, Inc., which may have established targets and initiatives that could be cascaded down.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,254,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,195,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 |
The Joyo Bank, Ltd.'s Scope 3 emissions, which decreased by 6% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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 Joyo Bank, Ltd. 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.