PCAF Membership and Engagement Toward Net-Zero GHG Emissions Across the Financing and Investment Portfolio
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To actively promote the decarbonisation of local customers, we have set a goal of reducing GHG emissions from our investment and financing portfolio to net zero by 2050, together with interim targets for fiscal 2030 in 3 sectors: power, oil and gas, and coal.」
Systematically disclosed the 2050 net-zero target for the investment and financing portfolio and the fiscal 2030 interim targets for the 3 sectors of power, oil and gas, and coal. - FY2025AdvancedAnnual report
「In addition to the automobiles and parts sector, which has an extensive supply chain including small and medium-sized enterprises, we selected the metals and mining sector, where decarbonisation efforts are expected to require a long period, as a priority engagement sector,」
Based on the calculation of GHG emissions from the investment and financing portfolio in accordance with PCAF, automobiles and parts and metals and mining continue to be managed as priority engagement sectors. - FY2024AdvancedAnnual report
「In addition to the automobiles and parts sector, which has an extensive supply chain including small and medium-sized enterprises, we also added the metals and mining sector, where decarbonisation efforts are expected to require a long period, to the priority engagement sectors.」
Following the calculation of GHG emissions in accordance with PCAF, metals and mining was added to the priority engagement sectors alongside automobiles and parts, and action plans for visualisation, target-setting, and emissions reduction support were advanced. - FY2023First statedAnnual report
「Japan has set a goal of achieving carbon neutrality by 2050 and is promoting the decarbonisation of companies and industries. We recognise that, as a financial institution, our group can contribute to achieving this goal by achieving net-zero GHG emissions from our investment and financing portfolio. Based on this recognition, in fiscal 2022 we joined PCAF (Partnership for Carbon Accounting Financials), an international initiative advancing the measurement and disclosure of GHG emissions from investment and financing portfolios. For the first time, we also calculated GHG emissions from our investment and financing portfolio, mainly business loans, in accordance with PCAF standards.」
For the first time, disclosed PCAF membership, calculation of GHG emissions from the investment and financing portfolio, and the selection of target-setting sectors such as power, coal, and oil and gas, as well as priority engagement sectors such as automobiles and parts.