Public Profile

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.

23

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.

13

Industry Benchmark

Concordia Financial's score of 23 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Concordia Financial's reported carbon emissions

In 2023, Concordia Financial reported total carbon emissions of approximately 59,666,000 kg CO2e. This figure includes 6,392,000 kg CO2e from Scope 1 emissions, 1,689,000 kg CO2e from Scope 2 emissions, and 51,584,000 kg CO2e from Scope 3 emissions. Over the previous years, the company has demonstrated a significant reduction in emissions. In 2022, total emissions were about 89,581,000 kg CO2e, indicating a reduction of approximately 29,915,000 kg CO2e year-on-year. This trend of decreasing emissions is notable, as emissions in 2021 were around 113,486,000 kg CO2e, and in 2020, they were approximately 117,112,000 kg CO2e. Concordia Financial has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the consistent decrease in emissions suggests a commitment to improving their carbon footprint. The company continues to monitor and report on its emissions across all three scopes, reflecting an awareness of its environmental impact and a potential commitment to further reductions in the future.

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Add to project
20192020202120222023
Scope 1
975,000
000,000
000,000
000,000
0,000,000
Scope 2
20,581,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
88,677,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Concordia Financial's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Concordia Financial is headquartered in JP, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers