Initiatives to Improve Corporate Value
E (Environment): Carbon Neutrality (3) -Scope3-
Initiatives to reduce GHG emissions (Scope 3, Category 15) from our investment and financing portfolio
Basis for the calculation of financed emissions
The volume of GHG emissions from each investee/borrower corporation is multiplied by the attribution factor (Balance of investment and financing /
Sum of assets and liabilities) and the resulting numerical values for all investee/borrower corporations are aggregated
Energy sector
ΣΟ
Carbon emission intensity
of investees/borrowers
(gCO2e/kWh)
×
Oil/Gas sector
Σ
Formula
Value of investment/financing by the
Company for investees/borrowers
Volume of emissions from
investees/borrowers
(MtCO2e)
Total value of investment/financing by the Company
for all investees/borrowers subject to calculation
Value of investment/financing by the
Company for investees/borrowers
Sum of borrowings and capital held by
investees/borrowers
Coverage
ratio*1
Data quality
score*2
)
85%
2.1
)
100%
3.0
Initiatives to be undertaken going forward
To achieve our interim targets regarding the energy sector, we will proactively extend credit to corporations engaged in renewable energy-related
businesses that will, in turn, facilitate the smooth transition of all other customers. Simultaneously, we will actively pursue dialogue with
investees/borrowers and provide them with follow-up consulting on their initiatives.
We will annually disclose the status of financed emissions associated with the "Energy," "Oil / Gas" and "Coal" sectors while considering the
assessment of financed emissions from priority sectors other than the energy sector and the formulation of interim targets for them.
We are aware of the need to expand the scope of financed emission assessments to, ultimately, encompass our overall portfolio, including credit
extended to retail customers, and will thus be striving to reduce emissions from this portfolio. Accordingly, we will continue to act as a "running
partner" for retail customers and assist them in the transition of their awareness and modes of behavior. By doing so, we will strive to assess and
reduce the volume of financed emissions associated with credit extended for retail customers.
*1. By sector, based on loans *2. Data-quality scores defined by PCAF
Resona Holdings, Inc.
52
52View entire presentation