CO2 Emissions Reduction and Carbon Neutrality
First written in FY2023. 1 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026RestatedAnnual report
「Using fiscal 2013 as the base year, the Bank Group has set targets to reduce total Group CO2 emissions (Scope 1 and Scope 2) by 80% in fiscal 2027 and achieve net zero in fiscal 2030.」
The Bank continued its targets of an 80% reduction in fiscal 2027 and net zero in fiscal 2030, and disclosed a 60.9% reduction in fiscal 2025 versus fiscal 2013. - FY2025RaisedAnnual report
「The Bank Group has set targets to reduce total Group CO2 emissions (Scope 1 and Scope 2) by 80% in fiscal 2027 and achieve net zero in fiscal 2030. In fiscal 2024, in addition to energy-saving activities including capital investment, the Bank joined “Akita E-ne! Option Hydro 100%,” jointly provided by Akita Prefecture and Tohoku Electric Power Company,Incorporated, and began using locally generated, CO2-free electricity at its head office and administrative center. These proactive initiatives resulted in a 61.3% reduction from fiscal 2013, indicating steady progress.」
The reduction target was updated from a 50% reduction in fiscal 2024 to an 80% reduction in fiscal 2027, and the reduction achieved was 61.3% versus fiscal 2013. The fiscal 2030 net-zero target continues. - FY2024AdvancedAnnual report
「The Bank Group has set targets to reduce total Group CO2 emissions (Scope 1 and Scope 2) by 50% in fiscal 2024 and achieve net zero in fiscal 2030. In fiscal 2023, energy-saving initiatives, including capital investment, resulted in a 34.7% reduction from fiscal 2013, indicating steady progress.」
The Scope 1 and Scope 2 reduction rate improved from 28.5% to 34.7% versus fiscal 2013, while the targets of a 50% reduction in fiscal 2024 and net zero in fiscal 2030 continued. - FY2023First statedAnnual report
「Using fiscal 2013 as the base year, the Bank Group has set targets to reduce total Group CO2 emissions (Scope 1 and Scope 2) by 50% in fiscal 2024 and achieve net zero in fiscal 2030.」
For Scope 1 and Scope 2 emissions, the Bank disclosed for the first time targets of a 50% reduction in fiscal 2024 from fiscal 2013 and net zero in fiscal 2030. The reduction achieved in fiscal 2022 was 28.5%.