Shinkin Central Bank (SCB)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024

In its 2024 reporting, Shinkin Central Bank (SCB) disclosed greenhouse gas emissions of 9.5K tCO2e/year (FY2023). By scope: Scope 1: 1.8K tCO2e/year (FY2023); Scope 2: 7.6K tCO2e/year (FY2023). 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
9.5K tCO2e/year (FY2023)
2024
⚙️
Energy Use
197 kWh/m2 (FY2023)
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.8K tCO2e/year (FY2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.7.6K tCO2e/year (FY2023)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce greenhouse gas emissions (Scope 1 and Scope 2) to less than 2,000 t-CO2e by FY2025.

📅 Medium-term

  • Achieve virtually zero greenhouse gas emissions (Scope 1 and Scope 2) by FY2030.
  • Achieve a cumulative total of ¥3 trillion in ESG investments and loans from FY2021 to FY2030.
  • Reduce investments and loans financing coal-fired power plants by 50% by FY2030 and to zero by FY2040.

🔭 Long-term

  • Contribute to carbon neutrality by 2050.

🌱 ESG Focus Areas

Climate ChangeHuman RightsRegional DevelopmentSustainable Economies and SocietiesSDGs

⚠️ Challenges & Risks +

  • Labor shortage in the shinkin bank community.
  • Declining birthrate, aging population, and decreasing number of business establishments in regional communities.
  • SMEs' lack of awareness and resources for decarbonization.
  • Climate change risks (transition and physical risks).

📋 Report Information

Reporting Period: 2024
Frameworks: TCFD