The Shoko Chukin Bank, Ltd
The Shoko Chukin Bank, Ltd., commonly referred to as Shoko Chukin, is a prominent financial institution headquartered in Japan. Established in 1951, the bank has played a vital role in supporting small and medium-sized enterprises (SMEs) across the nation, particularly in urban and regional areas. Operating primarily in the banking industry, Shoko Chukin focuses on providing specialised financial services tailored to the unique needs of SMEs, including loans, investment services, and business advisory. Its commitment to fostering economic growth has positioned it as a key player in Japan's financial landscape. With a reputation for reliability and customer-centric solutions, Shoko Chukin Bank continues to achieve notable milestones, reinforcing its status as a trusted partner for businesses seeking financial support and guidance.
DitchCarbon Score
How does The Shoko Chukin 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.
Industry Average
Mean score of companies in the Services Auxiliary to 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 Shoko Chukin Bank, Ltd's score of 18 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Shoko Chukin Bank, Ltd's reported carbon emissions
The Shoko Chukin Bank, Ltd, headquartered in Japan, reported its carbon emissions data for 2022, revealing a total of approximately 9,736,000 kg CO2e from Scope 1 and Scope 2 emissions. Additionally, the bank's Scope 3 emissions were significant, amounting to about 8,200,000 kg CO2e from investments, alongside smaller contributions from capital goods, business travel, employee commute, purchased goods and services, and fuel and energy-related activities. In comparison, the bank's emissions have shown a downward trend over the years. In 2021, total emissions were around 9,176,000 kg CO2e, while in 2020, they were approximately 10,939,000 kg CO2e, and in 2019, about 11,227,000 kg CO2e. This indicates a substantial reduction of about 1,491,000 kg CO2e from 2019 to 2022. Despite these reductions, The Shoko Chukin Bank has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests a potential area for improvement in their climate strategy. Overall, the bank's emissions data reflects a commitment to reducing its carbon footprint, although further transparency and commitment to specific targets could enhance its climate action profile.
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Add to project| 2013 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 15,279,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,279,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 |
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 Shoko Chukin Bank, Ltd is not committed to any reduction initiatives 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.
