What is the main goal of the collaboration between NTT DATA and Nagoya Bank?

The main goal is to achieve carbon neutrality in the Tokai economic region by enhancing the calculation and visualization of GHG emissions, particularly financed emissions from investments and loans.

What is C-Turtle FE and how will Nagoya Bank use it?

C-Turtle FE is a GHG emissions visualization platform that helps financial institutions calculate financed emissions in compliance with international standards like PCAF. Nagoya Bank will use it to accurately calculate GHG emissions related to its investments and loans.

What is C-Turtle and why is it being offered to regional companies?

C-Turtle is a GHG emissions visualization platform that allows for the calculation of reducible Scope 3 emissions by incorporating supplier reduction efforts. It is being offered free of charge to Nagoya Bank's regional clients to improve engagement and encourage GHG reduction efforts among local businesses.

What are 'financed emissions'?

Financed emissions refer to the GHG emissions associated with a financial institution's investments and loans. They are a crucial part of a bank's overall carbon footprint and are increasingly subject to disclosure requirements.

What are the specific carbon neutrality goals of Nagoya Bank?

Nagoya Bank aims to achieve cumulative ESG investment and lending of 500 billion yen by fiscal year 2030 and carbon neutrality in Scope 1 and 2 by fiscal year 2050.

AI News NQ Analysis

NTT DATA 与名古屋银行合作，力求实现东海经济圈的碳中和

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常見問題

Q: What is the main goal of the collaboration between NTT DATA and Nagoya Bank?: A: The main goal is to achieve carbon neutrality in the Tokai economic region by enhancing the calculation and visualization of GHG emissions, particularly financed emissions from investments and loans.
Q: What is C-Turtle FE and how will Nagoya Bank use it?: A: C-Turtle FE is a GHG emissions visualization platform that helps financial institutions calculate financed emissions in compliance with international standards like PCAF. Nagoya Bank will use it to accurately calculate GHG emissions related to its investments and loans.
Q: What is C-Turtle and why is it being offered to regional companies?: A: C-Turtle is a GHG emissions visualization platform that allows for the calculation of reducible Scope 3 emissions by incorporating supplier reduction efforts. It is being offered free of charge to Nagoya Bank's regional clients to improve engagement and encourage GHG reduction efforts among local businesses.
Q: What are 'financed emissions'?: A: Financed emissions refer to the GHG emissions associated with a financial institution's investments and loans. They are a crucial part of a bank's overall carbon footprint and are increasingly subject to disclosure requirements.
Q: What are the specific carbon neutrality goals of Nagoya Bank?: A: Nagoya Bank aims to achieve cumulative ESG investment and lending of 500 billion yen by fiscal year 2030 and carbon neutrality in Scope 1 and 2 by fiscal year 2050.