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 31 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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). Over the years, Concordia Financial has demonstrated a commitment to reducing its carbon footprint. From 2019 to 2022, the company achieved a notable reduction in total emissions, decreasing from 110,236,000 kg CO2e in 2019 to 89,581,000 kg CO2e in 2022. This represents a reduction of approximately 18.7% over the three-year period. Despite these reductions, there are currently no specific reduction targets or climate pledges documented by Concordia Financial. The company continues to disclose its emissions across all three scopes, indicating a transparent approach to its climate impact. As a financial institution headquartered in Japan, Concordia Financial is positioned within an industry increasingly focused on sustainability and climate responsibility.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 975,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 20,581,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 88,677,000 | 00,000,000 | 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 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.
