DBJ, or Development Bank of Japan, is a prominent financial institution headquartered in Tokyo, Japan. Established in 1951, it has played a pivotal role in supporting Japan's economic development through various financial services. The bank primarily operates in the financial services industry, focusing on investment and loan services that cater to both public and private sectors. DBJ is renowned for its unique approach to financing, offering tailored solutions that promote sustainable growth and innovation. With a strong emphasis on environmental, social, and governance (ESG) criteria, the bank has positioned itself as a leader in responsible investment. Over the years, DBJ has achieved significant milestones, including its involvement in major infrastructure projects and its commitment to fostering regional development. As a key player in Japan's financial landscape, DBJ continues to enhance its market position through strategic partnerships and a diverse portfolio of services.
How does Dbj'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.
Dbj's score of 24 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, DBJ reported total carbon emissions of approximately 1,584,000 kg CO2e, which are classified under Scope 1 and 2 emissions. This figure represents a significant decrease from 2,473,000 kg CO2e in 2021 and 3,074,000 kg CO2e in 2020, indicating a positive trend in their emissions reduction efforts. However, there is no specific data available for 2023 emissions, and no Scope 3 emissions have been disclosed. Despite these reductions, DBJ has not set any formal reduction targets or climate pledges, which may limit their long-term sustainability commitments. The company’s average portfolio greenhouse gas intensity is reported at 26,000 kg CO2e per square metre, aligning with industry standards but lacking specific targets for improvement. Overall, while DBJ has made strides in reducing its carbon footprint, the absence of formal climate commitments or reduction targets suggests an opportunity for further enhancement in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
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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.
Dbj 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.