- Reducing greenhouse gas emissions to meet the 70% reduction target by fiscal 2030 from fiscal 2013 levels.
- Assessing environmental risks in the loan portfolio and encouraging companies to realize decarbonization.
Musashino Bank
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Musashino Bank disclosed greenhouse gas emissions of 5.6K tCO2e/year (Scope 1+2 in 2023). By scope: Scope 1: 684 tCO2e/year (2023); Scope 2: 4.9K tCO2e/year (2023); Scope 3: 6.1M tCO2e/year (estimated based on loan portfolio). 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.
GHG Emissions
5.6K tCO2e/year (Scope 1+2 in 2023)
2023
Renewable Energy
100% at Head Office and Administrative Center (May 2024)
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 684 tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.9K tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 6.1M tCO2e/year (estimated based on loan portfolio) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.6K tCO2e/year (Scope 1+2 in 2023) |
| 2022 | 6.5K tCO2e/year (2021 Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions (Scope 1 + Scope 2) by 31.4% from fiscal 2013 to fiscal 2023.
- Converted all electricity used at the Head Office and Administrative Center to renewable energy (May 2024), expecting to reduce 2,311 tons of CO2 emissions annually.
- Introduced Nissan Sakura EVs to its sales vehicle fleet (November 2023).
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce CO2 emissions (Scope 1 + Scope 2) by 70% from fiscal 2013 levels by fiscal 2030.
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate ChangeBiodiversitySustainable Regional EconomyHuman RightsCorporate Governance