Japan Credit Rating Agency, Ltd. (JCR) is a prominent credit rating agency headquartered in Tokyo, Japan. Established in 2000, JCR has carved a niche in the financial services industry, specialising in credit ratings, research, and advisory services. The agency primarily serves clients across Japan and the Asia-Pacific region, providing insights that enhance investment decisions. JCR's core offerings include credit ratings for corporate entities, financial institutions, and public sector organisations, distinguished by their rigorous analytical methodologies and local market expertise. Over the years, JCR has achieved significant milestones, including recognition as a registered credit rating agency under the Financial Instruments and Exchange Act in Japan. With a strong market position, JCR is committed to delivering transparent and reliable credit assessments, contributing to the stability and growth of the financial landscape in Japan and beyond.
How does Japan Credit Rating Agency's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Japan Credit Rating Agency's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Japan Credit Rating Agency (JCR) reported total carbon emissions of approximately 744,000 kg CO2e. This marked a decrease from 2021, when emissions were about 722,000 kg CO2e, and from 2020, which saw emissions of around 715,000 kg CO2e. However, emissions in 2019 were higher, at approximately 845,000 kg CO2e. JCR has not disclosed specific targets for emissions reduction or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The agency's emissions data primarily reflects Scope 1 emissions, with a reported CO2 emissions factor of 0.00475 kg CO2e per tonne mile for 2023, 0.00459 kg CO2e per tonne mile for 2024, and 0.00442 kg CO2e per tonne mile for 2025. Overall, while JCR has shown a trend of decreasing emissions over the past few years, the absence of defined reduction targets suggests that further commitments may be necessary to enhance their climate strategy.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Japan Credit Rating Agency is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.