Aozora Bank Ltd

Common Name
Aozora Bank
Country
Japan
Sector
Financial Services
Industry
Banks - Regional
Employees
2,477
Ticker
8304
Exchange
TOKYO STOCK EXCHANGE
Description
Aozora Bank Ltd. is a prominent Japanese financial institution, offering a wide range of banking services domestically and internationally. Established to serve corporate, institutional, and individua...

Aozora Bank's GHG Emissions Data Preview

In 2023, Aozora Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Aozora Bank has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Aozora Bank’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aozora Bank’s data sources below and access millions more through our Disclosure Search.

a. Aozora Bank's Integrated Report 2024
a. Aozora Bank's Integrated Report 2024
b. Aozora Bank's Integrated Report 2022
b. Aozora Bank's Integrated Report 2022

Insights into Aozora Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Aozora Bank amounted to 3,796 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Aozora Bank decreased by 13.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Aozora Bank's Scope 1 Emissions Over Time

20182019202020212022202304080120160tCO2e+182%-21%-4%-4%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Aozora Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Aozora Bank were 95 metric tons of CO₂ equivalent (tCO₂e). a

Has Aozora Bank reduced its Scope 1 emissions over time?

Since 2018, Aozora Bank's Scope 1 emissions have increased by 86.27%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Aozora Bank's Scope 1 emissions decreased by 10.38%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Aozora Bank's Scope 2 emissions?

In 2023, Aozora Bank reported Scope 2 greenhouse gas (GHG) emissions of 3,701 tCO₂e without specifying the calculation method. a

Has Aozora Bank reduced its Scope 2 emissions over time?

Since 2018, Aozora Bank's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 47.34%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Aozora Bank's Scope 2 emissions (Unspecified Calculation Method) fell by 13.26% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Aozora Bank use for Scope 2 reporting?

In 2023, Aozora Bank reported its Scope 2 emissions using an unspecified methodology. a

Aozora Bank's Scope 2 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Aozora Bank's Value Chain Emissions

In 2023, Aozora Bank reported 14,132 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Aozora Bank includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Aozora Bank's Scope 3 Emissions Over Time

202020212022202304 k8 k12 k16 ktCO2e+17%-35%+112%
  • Total Scope 3
  • Year-over-Year Change

What are Aozora Bank's Scope 3 emissions?

In 2023, Aozora Bank reported total Scope 3 emissions of 14,132 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Aozora Bank's Scope 3 emissions increased by 111.53%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Aozora Bank disclose?

In 2023, Aozora Bank reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Aozora Bank's Scope 3 emissions?

In 2023, the largest contributors to Aozora Bank's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 12,006 tCO₂e (84.96%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,109 tCO₂e (7.85%)
  • Employee Commuting (Cat. 7): 700 tCO₂e (4.95%)

Aozora Bank's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(5.0%)Capital Goods(Cat. 2)(85.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(7.8%)

Insights into Aozora Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Aozora Bank reported Scope 1 greenhouse gas (GHG) emissions of 95 tCO₂e and total revenues of USD 794 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD. a

Aozora Bank's Scope 1 Emissions Intensity Compared to Peers

501,00050,0001,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)MSFMSK7MMMizuho Financial GroupYear: 2024Scope 1: 10,427 tCO2eRevenue: $M 19,618Scope 1 Intensity: 0.53 tCO2e/$MYokohama Financial GroupYear: 2023Scope 1: 782 tCO2eRevenue: $M 2,004Scope 1 Intensity: 0.39 tCO2e/$MRakuten BankYear: 2023Scope 1: 8,407,135 tCO2eRevenue: $M 605Scope 1 Intensity: 13,905.34 tCO2e/$MSSShizuoka Financial GroupYear: 2024Scope 1: 1,099 tCO2eRevenue: $M 1,518Scope 1 Intensity: 0.72 tCO2e/$MIyogin HoldingsYear: 2023Scope 1: 1,172 tCO2eRevenue: $M 1,078Scope 1 Intensity: 1.09 tCO2e/$MFFFukuoka Financial GroupYear: 2022Scope 1: 2,834 tCO2eRevenue: $M 2,003Scope 1 Intensity: 1.41 tCO2e/$MMMMebuki Financial GroupYear: 2023Scope 1: 2,742 tCO2eRevenue: $M 2,200Scope 1 Intensity: 1.25 tCO2e/$MSSSumitomo Mitsui Trust GroupYear: 2022Scope 1: 5,034 tCO2eRevenue: $M 9,493Scope 1 Intensity: 0.53 tCO2e/$MAcomYear: 2024Scope 1: 1,317 tCO2eRevenue: $M 1,946Scope 1 Intensity: 0.68 tCO2e/$MJapan Post HoldingsYear: 2024Scope 1: 473,536 tCO2eRevenue: $M 79,122Scope 1 Intensity: 5.98 tCO2e/$MChiba BankYear: 2024Scope 1: 2,444 tCO2eRevenue: $M 1,469Scope 1 Intensity: 1.66 tCO2e/$MMarui GroupYear: 2024Scope 1: 8,115 tCO2eRevenue: $M 1,553Scope 1 Intensity: 5.22 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MKKKyoto Financial GroupYear: 2024Scope 1: 1,560 tCO2eRevenue: $M 746Scope 1 Intensity: 2.09 tCO2e/$MShinkin Central BankYear: 2024Scope 1: 1,367 tCO2eRevenue: $M 1,548Scope 1 Intensity: 0.88 tCO2e/$MJapan Post BankYear: 2023Scope 1: 4,301 tCO2eRevenue: $M 11,852Scope 1 Intensity: 0.36 tCO2e/$MHachijuni BankYear: 2023Scope 1: 2,372 tCO2eRevenue: $M 1,310Scope 1 Intensity: 1.81 tCO2e/$MKyushu Financial GroupYear: 2023Scope 1: 1,562 tCO2eRevenue: $M 1,434Scope 1 Intensity: 1.09 tCO2e/$MHirogin HoldingsYear: 2023Scope 1: 1,457 tCO2eRevenue: $M 941Scope 1 Intensity: 1.55 tCO2e/$M7777 BankYear: 2024Scope 1: 1,150 tCO2eRevenue: $M 942Scope 1 Intensity: 1.22 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MGunma BankYear: 2024Scope 1: 1,402 tCO2eRevenue: $M 1,000Scope 1 Intensity: 1.40 tCO2e/$MAozora BankYear: 2023Scope 1: 95 tCO2eRevenue: $M 794Scope 1 Intensity: 0.12 tCO2e/$M

How does Aozora Bank's GHG emissions intensity compare to its peers?

In 2023, Aozora Bank reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 1.23 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Aozora Bank rank on GHG emissions intensity within its industry?

In 2023, Aozora Bank ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Aozora Bank among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Aozora Bank's Total Carbon Footprint

In 2023, Aozora Bank reported a total carbon footprint of 17,928 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 62.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Aozora Bank's total carbon footprint was Scope 3 emissions, accounting for 78.83% of the company's total carbon footprint, followed by Scope 2 emissions at 20.64%. a

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