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Nanto Bank, officially known as Nanto Shinkin Bank, is a prominent financial institution headquartered in Japan. Established in 1951, the bank has grown to become a key player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. With a strong presence in the Toyama and Ishikawa prefectures, Nanto Bank offers a range of core products, including personal and business loans, savings accounts, and investment services, distinguished by their customer-centric approach and local expertise.
Over the years, Nanto Bank has achieved notable milestones, including recognition for its commitment to community development and sustainable finance. Its strategic focus on fostering relationships within the local economy positions it as a trusted partner for individuals and businesses alike, reinforcing its reputation in the competitive financial landscape of Japan.
-9 vs industry average
Nanto Bank’s score of 28 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Nanto Bank, a financial intermediation services company headquartered in Japan, reported no disclosed emissions data for 2023.
In 2022, Nanto Bank's total reported emissions were approximately 7.4 million kg CO2e. This included Scope 1 emissions of 1,517,000 kg CO2e, Scope 2 emissions of 3,574,000 kg CO2e (primarily from purchased electricity), and Scope 3 emissions of 2,311,000 kg CO2e. The Scope 3 emissions included 90,000 kg CO2e from business travel and 2,222,000 kg CO2e from employee commute.
For 2021, the bank reported total Scope 1 and 2 emissions of 6,427,000 kg CO2e, comprising 1,509,000 kg CO2e for Scope 1 and 4,918,000 kg CO2e for Scope 2 (from purchased electricity).
Looking further back to 2013, the bank's Scope 1 and 2 emissions were approximately 9,925,000 kg CO2e, with Scope 2 emissions from purchased electricity amounting to 8,341,000 kg CO2e.
Nanto Bank has committed to a near-term target to reduce its Scope 1 and Scope 2 CO2 emissions by 30% by 2030, compared to a 2013 baseline. The target for Scope 2 emissions is currently considered on track for a two-year period, while the Scope 1 target is not currently on track.
No climate goals have been disclosed for Nanto Bank yet.
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