Mizuho Financial Group

Banks
8411.T
JPY 1,623 0.59
Share price
$ 28 bn
Market Cap
$ 28 bn
Enterprise Value

Carbon footprint

5.9 Ton
GHG emissions per $ 1 mln investment
0.15x the weighted average for S&P 500
FY2021
How is this calculated?
-7.7%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Mizuho Financial Group aims to reduce Scope 1 + 2 by 50% by 2031 from a base year 2020


This target has not been verified as science based according to SBTi
Mizuho Financial Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Mizuho Financial Group's GHG emissions (market-based) (Kt of CO2e)

Mizuho Financial Group's carbon footprint

Mizuho Financial Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 169 Kt (-14 /-7.7% y-o-y).

Mizuho Financial Group's Scope 3 emissions tumbled to 1.4 Kt (-4 /-74.5% y-o-y). The decline accelerated compared to the CAGR of -22.2% since 1Q'16.

The company is committed to reducing Scope 1 + 2 by 50% by 2031 from a base year 2020, which translates into the estimated reduction of -7.8 Kt per annum over the period of FY2022 - FY2031. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Mizuho Financial Group aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2040. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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