
A Japanese Bank Digs Deep on Emissions from its Vehicle Portfolio
A major Japanese bank worked with S&P Global to measure the climate impact of the vehicles it helps finance. Since car makers use different methods to report emissions, the bank needed accurate, consistent data. S&P helped calculate emissions for each vehicle—from fuel production to driving—then projected future emissions based on production trends. This allowed the bank to set clear net-zero goals for 2030 and 2050 and create a plan to work with car companies to reduce emissions. The project shows how banks can use detailed data to support climate-friendly investments.