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The Shoko Chukin Bank, Ltd., often referred to as Shoko Chukin, is a prominent financial institution headquartered in Japan. Established in 1951, the bank has carved a niche in the services auxiliary to financial intermediation sector, primarily focusing on supporting small and medium-sized enterprises (SMEs) across the nation.
With a strong presence in major operational regions throughout Japan, Shoko Chukin Bank offers a range of unique financial products and services tailored to meet the specific needs of its clients. These include specialised loans, financial consulting, and risk management solutions, all designed to foster business growth and stability.
Recognised for its commitment to enhancing the financial landscape for SMEs, Shoko Chukin Bank has achieved notable milestones, solidifying its position as a trusted partner in the financial services industry.
-4 vs industry average
The Shoko Chukin Bank, Ltd’s score of 33 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
The Shoko Chukin Bank, Ltd., headquartered in Japan and operating within the services auxiliary to financial intermediation sector, is actively engaged in addressing its carbon footprint.
For the fiscal year 2024, The Shoko Chukin Bank reported approximately 6.8 billion kg CO2e in Scope 3 emissions, specifically from its investments.
In fiscal year 2023, the bank's Scope 3 emissions included approximately 24 million kg CO2e from purchased goods and services, 11 million kg CO2e from employee commutes, 8.6 million kg CO2e from capital goods, 6 million kg CO2e from business travel, and 1.5 million kg CO2e from fuel and energy-related activities. The bank's Scope 1 and 2 emissions for the same year totalled approximately 9.27 million kg CO2e.
The Shoko Chukin Bank has previously disclosed Scope 1 and 2 emissions totalling approximately 9.74 million kg CO2e for fiscal year 2022, approximately 9.18 million kg CO2e for fiscal year 2021, approximately 10.94 million kg CO2e for fiscal year 2020, approximately 11.23 million kg CO2e for fiscal year 2019, and approximately 15.28 million kg CO2e for fiscal year 2013.
While specific, overarching reduction targets for The Shoko Chukin Bank are not detailed in the provided information, the bank does disclose its emissions data across various scopes, indicating a commitment to transparency in its climate reporting. The provided reduction targets relate to a different entity, TEPCO Group, and are therefore not applicable to The Shoko Chukin Bank.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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