Nanto Bank Sustainability Profile
Nanto Bank, officially known as Nanto Shinkin Bank, is a prominent financial institution headquartered in Japan. Established in 1951, the bank has grown to serve a diverse clientele across major operational regions, including the Toyama and Ishikawa prefectures. As a key player in the banking industry, Nanto Bank focuses on retail banking, corporate finance, and investment services, offering a range of unique products tailored to meet the needs of individuals and businesses alike. With a commitment to community development and customer satisfaction, Nanto Bank has achieved notable milestones, including recognition for its innovative financial solutions. Its core offerings, such as personal loans, savings accounts, and business financing, are designed to provide exceptional value and support to its customers. As a trusted financial partner, Nanto Bank continues to strengthen its market position through a dedication to service excellence and sustainable growth.
DitchCarbon Score
How does Nanto Bank'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 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
Nanto Bank's score of 42 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nanto Bank's reported carbon emissions
In 2023, Nanto Bank reported total carbon emissions of approximately 5,164,000 kg CO2e, with Scope 1 emissions at about 1,410,000 kg CO2e, Scope 2 emissions at approximately 3,755,000 kg CO2e, and significant Scope 3 emissions reaching about 8,897,125,000 kg CO2e. The Scope 3 emissions included substantial contributions from investments (approximately 8,895,074,000 kg CO2e) and employee commuting (about 1,965,000 kg CO2e). Nanto Bank has set ambitious reduction targets, aiming for a 30% reduction in CO2 emissions for both Scope 1 and Scope 2 by 2030, compared to the fiscal year 2013 levels. This commitment reflects the bank's proactive approach to addressing climate change and reducing its carbon footprint. The bank's emissions data is not cascaded from a parent organization, indicating that it independently reports its emissions and climate commitments. Nanto Bank's initiatives align with industry standards, demonstrating a commitment to sustainability and responsible banking practices.
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| 2013 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 000,000 | 0,000,000 |
| Scope 2 | 8,341,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000,000 |
How Carbon Intensive is Nanto Bank's Industry?
How Carbon Intensive is Nanto Bank's Location?
Nanto Bank's Scope 3 Categories Breakdown
Nanto Bank's Scope 3 emissions, which increased significantly last year and increased significantly since 2022, 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.
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Nanto Bank's Climate Goals (2030 & 2050)
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.
Nanto Bank 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.
