Potential offtaker

Aozora Bank, Ltd.

www.aozorabank.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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Aozora Bank, Ltd. is a Japanese financial institution that operates in the Retail Banking sector. The bank was established in 1957 as Nippon Fudosan Bank, Ltd. and was renamed Aozora Bank, Ltd. in 2001. The bank is headquartered in Tokyo and has branches across Japan.

Aozora Bank, Ltd. is committed to sustainability and decarbonisation. The bank recognises the importance of reducing greenhouse gas emissions and transitioning to renewable energy sources. Aozora Bank, Ltd. has set a target to reduce its greenhouse gas emissions by 50% by 2030, compared to its 2019 baseline. The bank is also committed to supporting its customers in their efforts to reduce their carbon footprint.

One way that Aozora Bank, Ltd. is supporting decarbonisation is through its corporate energy initiatives. The bank has implemented energy-saving measures in its branches and offices, such as the installation of LED lighting and the use of energy-efficient equipment. Aozora Bank, Ltd. has also invested in renewable energy sources, such as solar power, to reduce its reliance on fossil fuels.

In addition to its own energy initiatives, Aozora Bank, Ltd. is also supporting its customers in their efforts to transition to renewable energy. The bank offers corporate power purchase agreements (PPAs) to its customers, which enable them to purchase renewable energy directly from energy providers. This helps to support the growth of renewable energy sources and reduce reliance on fossil fuels.

Aozora Bank, Ltd. is also committed to supporting the development of renewable energy infrastructure. The bank has invested in renewable energy projects, such as wind and solar power plants, to help increase the supply of renewable energy in Japan. Aozora Bank, Ltd. has also provided financing to companies that are developing renewable energy projects.

In addition to its commitment to decarbonisation and renewable energy, Aozora Bank, Ltd. is also focused on sustainability in other areas. The bank has set a target to reduce its paper usage by 50% by 2030, compared to its 2019 baseline. Aozora Bank, Ltd. is also committed to promoting diversity and inclusion in its workforce and has set a target to increase the proportion of female managers to 30% by 2025.

In conclusion, Aozora Bank, Ltd. is a Japanese financial institution that is committed to sustainability and decarbonisation. The bank has set ambitious targets to reduce its greenhouse gas emissions and support the transition to renewable energy sources. Aozora Bank, Ltd. is also supporting its customers in their efforts to reduce their carbon footprint and transition to renewable energy. The bank's commitment to sustainability extends beyond energy and includes initiatives to reduce paper usage and promote diversity and inclusion in its workforce. Aozora Bank, Ltd. is a leader in sustainability in the banking sector and is helping to drive the transition to a more sustainable future.

✓ Declared Net Zero commitment