Hokuriku Electric Power
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.
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
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 36% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
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 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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