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OrganisationsHokuriku Electric Power
Hokuriku Electric Power logo

Hokuriku Electric Power

Electricity from Other SourcesJapanTYO: 9505
Last verified 24 days agorikuden.co.jp

Hokuriku Electric Power Company, commonly referred to as Hokuden, is a prominent player in the electricity sector, headquartered in Toyama, Japan. Established in 1951, the company has significantly contributed to the energy landscape in the Hokuriku region, which includes Toyama, Ishikawa, and Fukui Prefectures.

Specialising in the generation, transmission, and distribution of electricity, Hokuden is known for its commitment to sustainable energy solutions and innovative technologies. The company has made notable strides in renewable energy, enhancing its market position as a leader in eco-friendly power generation. With a focus on customer satisfaction and community engagement, Hokuriku Electric Power continues to play a vital role in powering the region while embracing advancements in the electricity industry.

15
DitchCarbon score

0 vs industry average

Hokuriku Electric Power’s score of 15 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

Very High

Electricity from Other Sources is among the most carbon-intensive industries

Industry performance

3.039
20182025

The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018

Emissions trajectory 2020 – 2026

00.0B00.0B00.0B0.0B0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hokuriku Electric Power's reported carbon emissions

Hokuriku Electric Power, headquartered in Japan and operating in the electricity sector, reported a total of approximately 17.6 billion kg CO2e in Scope 1 and Scope 2 emissions for fiscal year 2023. Scope 1 emissions were approximately 13.15 billion kg CO2e, while Scope 2 emissions were about 20 million kg CO2e. The company also disclosed Scope 3 emissions, amounting to approximately 4.52 billion kg CO2e for the same year.

In fiscal year 2022, Hokuriku Electric Power's Scope 1 emissions stood at approximately 17.48 billion kg CO2e, with Scope 2 emissions at roughly 20 million kg CO2e. Their Scope 3 emissions for that year were approximately 4.37 billion kg CO2e.

Looking back to fiscal year 2021, Scope 1 emissions were approximately 18.76 billion kg CO2e. Scope 2 data was not specified for this year, but Scope 3 emissions were reported at approximately 5.83 billion kg CO2e. For fiscal year 2020, Scope 1 emissions totalled about 16.69 billion kg CO2e, and Scope 2 emissions were around 80 million kg CO2e, with Scope 3 emissions at approximately 5.02 billion kg CO2e.

Hokuriku Electric Power has set ambitious climate commitments. The company aims for a 70% reduction in Scope 1 and 2 GHG emissions by fiscal year 2030, against a 2013 baseline. Furthermore, they have a target to reduce Scope 3 GHG emissions by 50% by fiscal year 2030, also from a 2013 baseline. They also have a near-term target of a 55% reduction in Scope 1 and 2 emissions by fiscal year 2025. The company's reported CO2 emission intensity for retail electricity sales in fiscal year 2023 was approximately 0.000481 kg CO2e per kWh.

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Hokuriku Electric Power’s Climate Goals (2030 & 2050)

2 goals

2030

50% reduction in scope 3 total

GHG emissions through the entire supply chain (Scope 1, 2, 3) FY 2030: -50%*1

At risk50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

8 of 15 categories disclosed
Fuel & Energy Activities85%
Capital Goods6%
Purchased Goods & Services5%
Use of Sold Products4%
Waste Generated in Operations0%
Employee Commuting0%
Business Travel0%
Upstream Transportation & Distribution0%
Fuel & Energy Activities85%
Capital Goods6%
Purchased Goods & Services5%
Use of Sold Products4%
Waste Generated in Operations0%
Employee Commuting0%
Business Travel0%
Upstream Transportation & Distribution0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hokuriku Electric Power logoHokuriku Electric Power
JPElectricity from Other Sources
24 days ago
15
Iberdrola logoIberdrola
ESElectricity Distribution
9 hours ago
94
View
Engie logoEngie
FRGas Distribution
10 hours ago
85
View
Rheinisch Westfalisches Elektrizitatswerk logoRheinisch Westfalisches Elektrizitatswerk
DEElectricity Distribution
9 hours ago
77
View
National Grid logoNational Grid
GBElectricity Transmission
9 hours ago
70
View
Duke Energy logoDuke Energy
USElectricity from Other Sources
9 hours ago
60
View
Exelon logoExelon
USElectricity from Other Sources
9 hours ago
44
View

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