Hokkan Sustainability Profile
Hokkan Holdings Co., Ltd., commonly referred to as Hokkan, is a prominent player in the packaging industry, headquartered in Japan. Established in 1948, the company has evolved to become a leader in the production of high-quality packaging solutions, particularly in the food and beverage sectors. With major operations across Asia, Hokkan is renowned for its innovative approach to packaging technology. The company offers a diverse range of products, including plastic containers, bottles, and custom packaging solutions, distinguished by their durability and sustainability. Hokkan's commitment to quality and environmental responsibility has solidified its market position, earning recognition for excellence in design and functionality. As a trusted partner for numerous global brands, Hokkan continues to set industry standards while driving advancements in packaging solutions.
DitchCarbon Score
How does Hokkan'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 Real Estate Services 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
Hokkan's score of 44 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hokkan's reported carbon emissions
In 2022, Hokkan Holdings Limited reported total greenhouse gas emissions of approximately 181,000,000 kg CO2e for Scope 1 and 2 combined, alongside about 477,000,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 3 emissions from 2021, which were about 506,000,000 kg CO2e, while Scope 1 and 2 emissions also saw a reduction from approximately 185,000,000 kg CO2e in the same year. Hokkan has set ambitious climate commitments, aiming for carbon neutrality for Scope 1 and 2 emissions by fiscal year 2050. In the near term, the company targets a 42% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2022 as the baseline. Additionally, Hokkan aims to reduce its Scope 3 emissions by 25% within the same timeframe. Long-term goals include a significant reduction of 90% in both Scope 1 and 2 emissions by FY2050, as well as a 90% reduction in Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Hokkan's climate strategy reflects a comprehensive approach to sustainability, addressing emissions across all scopes and demonstrating a commitment to reducing its environmental impact in the packaging industry.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | - | - | - | - |
| Scope 3 | 481,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hokkan's Industry?
How Carbon Intensive is Hokkan's Location?
Hokkan's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hokkan has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Hokkan's sustainability data and climate commitments