Hokuhoku Financial

Hokuhoku Financial's reported carbon emissions

Hokuhoku Financial, headquartered in Japan and operating in financial intermediation services (excluding insurance and pension funding), has reported its carbon emissions for recent years. In 2024, the organisation's total emissions were approximately 26.62 billion kg CO2e. This figure comprises Scope 1 emissions of about 4.42 million kg CO2e, Scope 2 emissions of approximately 9.86 million kg CO2e, and substantial Scope 3 emissions totalling around 26.51 billion kg CO2e, with the majority attributed to investments. For the previous year, 2023, Hokuhoku Financial's total emissions were approximately 28.60 billion kg CO2e. This included Scope 1 emissions of around 4.74 million kg CO2e, Scope 2 emissions of approximately 11.80 million kg CO2e, and Scope 3 emissions of about 28.48 billion kg CO2e, with investments being the largest contributor. In 2022, total emissions for Hokuhoku Financial were approximately 73.03 million kg CO2e, consisting of Scope 1 emissions of about 4.33 million kg CO2e, Scope 2 emissions of around 12.80 million kg CO2e, and Scope 3 emissions totalling approximately 51.87 million kg CO2e. Hokuhoku Financial has demonstrated a strong commitment to climate action by accelerating its carbon neutrality target. The organisation has brought forward its deadline for achieving carbon neutrality from 2050 to 2030, aiming to further promote decarbonisation efforts across its operations. These targets encompass both Scope 1 and Scope 2 emissions.