Concordia Financial
Concordia Financial Group, often referred to as Concordia, is a prominent financial services provider headquartered in Japan's vibrant city of JP. Established in 2016, the company has rapidly positioned itself as a key player in the banking and financial sector, primarily serving the Kanto region and beyond. Specialising in a diverse range of services, including retail banking, asset management, and corporate finance, Concordia distinguishes itself through its customer-centric approach and innovative financial solutions. The firm has achieved notable milestones, such as expanding its digital banking capabilities, which enhance user experience and accessibility. With a strong commitment to sustainability and community engagement, Concordia Financial continues to solidify its market position, earning recognition for its contributions to the financial landscape in Japan.
DitchCarbon Score
How does Concordia Financial'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Concordia Financial's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Concordia Financial's reported carbon emissions
In 2022, Concordia Financial reported total carbon emissions of approximately 89,581,000 kg CO2e. This figure includes 843,000 kg CO2e from Scope 1 emissions, 6,804,000 kg CO2e from Scope 2 emissions, and a significant 81,931,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (48,619,000 kg CO2e) and capital goods (20,487,000 kg CO2e). Concordia Financial has set ambitious climate commitments, aiming for carbon neutrality by 2030, a significant advancement from their previous target of 2050. They have established a target to achieve an 80% reduction in CO2 emissions from FY2013 levels by FY2024, applicable to both Scope 1 and Scope 2 emissions. This commitment reflects their proactive approach to mitigating climate impact and aligns with industry standards for sustainability. The emissions data for 2021 indicates a total of approximately 113,486,000 kg CO2e, with Scope 1 emissions at 848,000 kg CO2e, Scope 2 at 16,525,000 kg CO2e, and Scope 3 at 96,111,000 kg CO2e. Notably, the 2022 figures show a reduction in total emissions compared to 2021, highlighting progress towards their reduction targets. Concordia Financial's climate initiatives are not cascaded from a parent organization, as they operate independently in this regard. Their commitment to sustainability is further supported by their participation in the Carbon Disclosure Project (CDP), demonstrating transparency and accountability in their environmental impact reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 912,000 | 000,000 | 000,000 |
| Scope 2 | 20,345,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 95,853,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Concordia Financial 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.
