The Hyakujushi Bank, Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: Year ended March 31, 2024🗂️ Report periods on file: Year ended March 31, 2024, 2023-03-31, 2021

In its Year ended March 31, 2024 reporting, The Hyakujushi Bank, Ltd. disclosed greenhouse gas emissions of 4.1K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 607 tCO2e/year; Scope 2: 3.5K tCO2e/year; Scope 3: 8.0M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
4.1K tCO2e/year (Scope 1 & 2)
Year ended March 31, 2024

📊 Emissions by Scope (Year ended March 31, 2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).607 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).8.0M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
Year ended March 31, 20244.1K tCO2e/year (Scope 1 & 2)
2023-03-315.5K tCO2e/year (FY2022)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce CO2 emissions (Scope 1 & 2) by 50% compared to FY 2013 level by FY 2030.

📅 Medium-term

  • Achieve sustainability KPIs relating to Group material issues.
  • Increase number of digitally-connected customers to 400,000 by FY 2030.
  • Double the number of ICT consulting business partners by FY 2030.
  • Increase number of consultations provided to corporate customers to 3,000 a year by FY 2030.
  • Increase number of customers provided with asset formation support to 160,000 by FY 2030.

🔭 Long-term

  • Achieve carbon neutrality by 2050.
  • Consolidated ROE of around 5%
  • Consolidated capital ratio of around 10%

🌱 ESG Focus Areas

Regional revitalizationResponding to the era of 100-year lifetimesEstablishing an environment where diverse human resources can participate and growDigital transformation of operations and local communitiesAddressing environmental issues such as climate changeEstablishing a sustainable management foundation

⚠️ Challenges & Risks +

  • Poor regional economic growth
  • Declining population, declining birthrate, and aging population
  • Shift to decarbonization and a circular economy
  • Social and economic digital shift
  • Ongoing low interest rate environment
  • Intensified competition
  • Labor shortages
  • Soaring prices
  • Depreciation of the yen
  • Climate change transition and physical risks

📋 Report Information

Reporting Period: Year ended March 31, 2024
Frameworks: International Integrated Reporting Framework, TCFD
Assurance: Japan Quality Assurance Organization