Hokuhoku Financial
Hokuhoku Financial Group, commonly referred to as Hokuhoku FG, is a prominent financial institution headquartered in Japan. Established in 2000, the company has rapidly expanded its operations across key regions, including Hokkaido and Tokyo, solidifying its presence in the Japanese financial landscape. Specialising in banking, asset management, and insurance services, Hokuhoku FG distinguishes itself through its customer-centric approach and innovative financial solutions. The firm has achieved notable milestones, including the integration of advanced technology to enhance service delivery and operational efficiency. With a strong market position, Hokuhoku Financial Group is recognised for its commitment to sustainable growth and community engagement, making it a trusted partner for individuals and businesses alike in Japan's competitive financial sector.
DitchCarbon Score
How does Hokuhoku 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
Hokuhoku Financial's score of 39 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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Hokuhoku Financial's reported carbon emissions
In 2023, Hokuhoku Financial reported total carbon emissions of approximately 71,500,000 kg CO2e. This figure includes 4,325,000 kg CO2e from Scope 1 emissions, 12,802,000 kg CO2e from Scope 2 emissions, and a significant 51,874,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, including 22,695,000,000 kg CO2e from investments and 20,125,000 kg CO2e from purchased goods and services. Hokuhoku Financial has made a notable commitment to achieving carbon neutrality by 2030, advancing its original target from 2050. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting the company's proactive approach to decarbonisation. The specific reduction targets for these scopes have not been quantified in percentage terms but indicate a strong intention to significantly reduce emissions in the near term. The emissions data is sourced directly from Hokuhoku Financial Group, Inc., with no cascading from a parent organisation. The company is actively working towards its climate commitments, aligning with industry standards for sustainability and environmental responsibility.
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| 2023 | |
|---|---|
| Scope 1 | 4,325,000 |
| Scope 2 | 12,802,000 |
| Scope 3 | 51,874,000 |
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.
Hokuhoku Financial is not participating in any of the initiatives that 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.
