Tokai Tokyo Financial Group

Tokai Tokyo Financial Group's reported carbon emissions

In 2024, Tokai Tokyo Financial Group reported total emissions of approximately 2,242,000 kg CO2e, comprising 412,000 kg CO2e from Scope 1 and 1,292,000 kg CO2e from Scope 2 emissions. The group has not disclosed any Scope 3 emissions data, indicating a gap in their reporting on upstream and downstream activities. Over the past few years, Tokai Tokyo has shown a slight reduction in emissions, with total emissions decreasing from approximately 2,539,000 kg CO2e in 2023 and 2,947,000 kg CO2e in 2022. This trend suggests a commitment to improving their carbon footprint, although specific reduction targets or initiatives have not been outlined in their disclosures. Tokai Tokyo Financial Group's emissions data is sourced directly from Tokai Tokyo Financial Holdings, Inc., with no cascading from other corporate entities. The group has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, which may limit their accountability in addressing climate change. Overall, while Tokai Tokyo Financial Group has made progress in reducing emissions, the absence of comprehensive Scope 3 data and formal reduction commitments highlights areas for potential improvement in their climate strategy.