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 46 is higher than 94% 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 95,662,000 kg CO2e, comprising 3,689,000 kg CO2e from Scope 1, 11,796,000 kg CO2e from Scope 2, and a significant 95,662,000 kg CO2e from Scope 3 emissions. This represents a notable increase in Scope 3 emissions compared to 2022, where total emissions were approximately 51,874,000 kg CO2e, with Scope 1 at 4,325,000 kg CO2e and Scope 2 remaining constant at 11,796,000 kg CO2e. Hokuhoku Financial has made a strong commitment to climate action by advancing its carbon neutrality target 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 proactive approach to reducing their carbon footprint in the financial sector.
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| 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 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.
