As of 2025, Mizuho Financial Group has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets and 4 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Mizuho Financial Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -12%a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -17%a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -38%a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a | 2040 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer | -31%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | -40%a, b | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Produced | -36%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -39%a | 2030 |
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As of 2025, Mizuho Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.ab
As of 2025, Mizuho Financial Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
Mizuho Financial Group's most ambitious value chain target is to reduce these emissions by 100% by 2040, compared to a baseline of 5,100,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.ab
As of 2023, Mizuho Financial Group is ahead of schedule on its value chain emissions reduction target, having achieved 90.2% of the planned reduction.ab