Declaration of net-zero GHG emissions by 2050
First written in FY2022. 2 of 5 entries say "Raised", first in FY2023. Latest entry: FY2026.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition to initiatives to reduce the bank's own GHG emissions (Scope 1 and 2) and emissions from its investment and financing portfolio (Scope 3), we have set out measures to support decarbonization through finance, including promoting sustainable finance and maintaining a zero balance of project finance for which the use of proceeds is the construction of coal-fired power plants.」
Under the 2050 net-zero policy, the company specified a 50% reduction in investment and financing portfolio emissions by fiscal 2030, a zero balance of project finance for coal-fired power generation, and expansion of sustainable finance. - FY2025AdvancedAnnual report
「We set targets of reducing our GHG emissions by 60% from fiscal 2019 by fiscal 2030, reducing GHG emissions per unit of investment in our investment and financing portfolio by 50% from fiscal 2019 by fiscal 2030, and reaching ¥7 trillion in ESG-themed investment and financing outstanding by the end of fiscal 2025, while aiming to achieve net-zero GHG emissions from the bank and its investment and financing portfolio by 2050.」
The company disclosed targets of reducing its own emissions by 60%, reducing investment and financing portfolio emissions by 50%, ESG-themed investment and financing of ¥7 trillion, and net-zero emissions by 2050, along with actual ESG-themed investment and financing of ¥6.0 trillion. - FY2024RaisedAnnual report
「We set targets of reducing our GHG emissions by 60% from fiscal 2019 by fiscal 2030, reducing GHG emissions per unit of investment in our investment and financing portfolio by 50% from fiscal 2019 by fiscal 2030, and reaching ¥7 trillion in ESG-themed investment and financing outstanding by the end of fiscal 2025, while aiming to achieve net-zero GHG emissions from the bank and its investment and financing portfolio by 2050.」
In addition to the existing target for reducing the bank's own emissions, the company set an interim fiscal 2030 target for emissions from its investment and financing portfolio and raised its ESG-themed investment and financing target to ¥7 trillion. - FY2023RaisedAnnual report
「We raised the interim target for our Scope 1 and 2 emissions in fiscal 2030 from a 46% reduction to a 60% reduction from fiscal 2019.」
The company's GHG emissions reduction target for fiscal 2030 was raised from a 46% reduction from fiscal 2019 to a 60% reduction. The 2050 net-zero target remains unchanged. - FY2022First statedAnnual report
「In March 2022, we announced the “ゆうちょ銀行 GHG Emissions Net-Zero Declaration,” which aims to achieve net-zero GHG emissions from the bank and its investment and financing portfolio by 2050, and we are promoting initiatives to address climate change.」
The company declared a new long-term target of achieving net-zero GHG emissions by 2050 for the bank and its investment and financing portfolio.