HC Capital

HC Capital, a financial intermediation services company based in Japan, reported total gross emissions of approximately 8.067 billion kg CO2e in 2024. This includes Scope 1 emissions of 3.093 million kg CO2e, Scope 2 market-based emissions of 1.365 million kg CO2e, and Scope 3 emissions of 8.057 billion kg CO2e. Key contributors to Scope 3 emissions were downstream leased assets (7.933 billion kg CO2e) and investments (94.086 million kg CO2e).

In 2023, the company's total gross emissions were approximately 6.650 billion kg CO2e, with Scope 1 emissions at 3.092 million kg CO2e, Scope 2 market-based emissions at 3.482 million kg CO2e, and Scope 3 emissions at 6.644 billion kg CO2e. Significant Scope 3 emissions in 2023 also stemmed from downstream leased assets (6.570 billion kg CO2e) and investments (41.141 million kg CO2e).

Looking back, in 2022, HC Capital reported Scope 1 emissions of 3.211 million kg CO2e, Scope 2 market-based emissions of 4.546 million kg CO2e, and Scope 3 emissions of 18.302 million kg CO2e. For 2021, Scope 1 emissions were 3.449 million kg CO2e, Scope 2 market-based emissions were 6.606 million kg CO2e, and Scope 3 emissions were 18.565 million kg CO2e. In 2020, Scope 1 emissions were 3.336 million kg CO2e and Scope 2 market-based emissions were 7.189 million kg CO2e; Scope 3 data was not available for this year. For 2019, combined Scope 1 and 2 market-based emissions were 11.292 million kg CO2e.

HC Capital has set ambitious climate commitments, aiming for net-zero emissions by 2050 for Scope 1 and Scope 2. They also have an interim target to reduce Scope 1 and 2 greenhouse gas emissions by 55% by 2030, compared to a 2019 baseline. This target is aligned with the Paris Agreement and represents a linear interpolation path towards achieving net-zero emissions by FY2040, demonstrating a science-based and ambitious approach. The company plans to implement strategies such as electrifying their vehicle fleet, switching to low-emission commercial vehicles, improving energy efficiency in offices, and transitioning to renewable energy sources for electricity consumption. For Scope 3 emissions, HC Capital is actively developing specific measures and reduction pathways, including setting interim targets, with a focus on categories like leased assets and investments.