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 38 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hokuhoku Financial's reported carbon emissions
In 2023, Hokuhoku Financial reported total carbon emissions of approximately 95,662,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 3,689,000 kg CO2e, while Scope 2 emissions remained constant at approximately 11,796,000 kg CO2e. The most significant contributor was Scope 3 emissions, which totalled around 95,662,000 kg CO2e, encompassing various activities such as purchased goods and services, employee commuting, and business travel. In 2022, the company had total emissions of about 61,874,000 kg CO2e, with Scope 1 emissions at approximately 4,325,000 kg CO2e and Scope 2 emissions at about 11,796,000 kg CO2e. The increase in emissions from 2022 to 2023 highlights the need for enhanced climate strategies. Hokuhoku Financial has not disclosed specific reduction targets or initiatives, indicating a potential area for improvement in their climate commitments. The absence of defined reduction strategies suggests that the company may need to align with industry standards to effectively address its carbon footprint and contribute to global climate goals.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,325,000 | 0,000,000 |
| Scope 2 | 11,796,000 | 00,000,000 |
| Scope 3 | 51,874,000 | 00,000,000 |
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 committed to any reduction initiatives 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.
