Hokuriku Electric Power
Hokuriku Electric Power Company, commonly referred to as Hokuriku Electric, is a prominent player in Japan's energy sector, headquartered in Toyama City, Japan. Established in 1951, the company has significantly contributed to the development of the Hokuriku region, providing reliable electricity and innovative energy solutions.
Operating primarily in the Hokuriku area, Hokuriku Electric Power focuses on the generation, transmission, and distribution of electricity, alongside expanding its services in renewable energy. The company is recognised for its commitment to sustainability, investing in hydroelectric and solar power projects that distinguish it from competitors.
With a strong market position, Hokuriku Electric has achieved notable milestones, including advancements in energy efficiency and customer service. Its dedication to technological innovation and community engagement solidifies its reputation as a trusted energy provider in Japan.
0 vs industry average
Hokuriku Electric Power’s score of 14 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hokuriku Electric Power's reported carbon emissions
In 2023, Hokuriku Electric Power reported total carbon emissions of approximately 18.1 billion kg CO2e. This figure includes Scope 1 emissions of about 13.2 billion kg CO2e, Scope 2 emissions of 20,000 kg CO2e, and Scope 3 emissions of approximately 4.5 billion kg CO2e. The company has set ambitious reduction targets, aiming for a 70% reduction in Scope 1 and 2 emissions by 2030, with an interim target of 55% by 2025. Additionally, Hokuriku Electric Power is committed to reducing its overall greenhouse gas emissions across the entire supply chain (Scope 1, 2, and 3) by 50% by 2030. These commitments reflect the company's dedication to addressing climate change and transitioning towards a more sustainable energy future.
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Hokuriku Electric Power’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in scope 3 total
GHG emissions through the entire supply chain (Scope 1, 2, 3) FY 2030: -50%*1
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hokuriku Electric Power
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