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Public Profile
Financial Intermediation
JP
updated 6 days ago

Hokuhoku Financial

Company website

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.

39

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.

30

Industry Benchmark

Hokuhoku Financial's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Hokuhoku Financial's reported carbon emissions

In 2023, Hokuhoku Financial reported total carbon emissions of approximately 71,000,000 kg CO2e, comprising 4,325,000 kg CO2e from Scope 1, 12,802,000 kg CO2e from Scope 2, and a significant 51,874,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions include various categories such as purchased goods and services (20,125,000 kg CO2e), capital goods (13,490,000 kg CO2e), and employee commuting (1,528,000 kg CO2e). Hokuhoku Financial has made a notable commitment to carbon neutrality, advancing its target date from 2050 to 2030 for both Scope 1 and Scope 2 emissions. This initiative aims to enhance their decarbonisation efforts significantly. The company is actively working towards achieving these targets, reflecting a strong commitment to addressing climate change and reducing their overall carbon footprint. The emissions data is not cascaded from any parent organisation, indicating that Hokuhoku Financial is independently reporting its climate impact.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2023
Scope 1
4,325,000
Scope 2
12,802,000
Scope 3
51,874,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hokuhoku Financial's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hokuhoku Financial is in JP, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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