North Pacific Bank Sustainability Profile
North Pacific Bank, also known as Hokuyo Bank, is a prominent financial institution headquartered in Japan (JP). Established in 1949, the bank has grown to serve a diverse clientele across major operational regions in Hokkaido and beyond. Specialising in retail banking, corporate finance, and investment services, North Pacific Bank is recognised for its commitment to customer-centric solutions and innovative financial products. With a strong emphasis on community engagement and regional development, the bank has achieved notable milestones, including significant expansions and technological advancements in banking services. Its core offerings, such as personalised banking solutions and competitive loan products, set it apart in the competitive landscape. North Pacific Bank continues to solidify its market position as a trusted partner for individuals and businesses alike, reflecting its dedication to fostering economic growth in the regions it serves.
DitchCarbon Score
How does North Pacific Bank'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
North Pacific Bank's score of 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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North Pacific Bank's reported carbon emissions
In 2023, North Pacific Bank reported total carbon emissions of approximately 10.6 billion kg CO2e. This figure includes Scope 1 emissions of about 2.3 million kg CO2e, Scope 2 emissions of approximately 10.7 million kg CO2e, and significant Scope 3 emissions totalling around 10.5 billion kg CO2e. The Scope 3 emissions primarily stem from investments, business travel, and employee commuting. The bank's emissions data reflects a commitment to transparency, with disclosures covering all three scopes of emissions. However, there are currently no specific reduction targets or climate pledges outlined in their initiatives. The absence of documented reduction targets suggests that North Pacific Bank may be in the early stages of developing a comprehensive climate strategy. Overall, North Pacific Bank's emissions profile highlights the importance of addressing both direct and indirect emissions as part of their climate commitments. As the bank continues to evolve its sustainability practices, future initiatives may include setting science-based targets to align with global climate goals.
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| 2013 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,558,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000,000 |
How Carbon Intensive is North Pacific Bank's Industry?
How Carbon Intensive is North Pacific Bank's Location?
North Pacific Bank's Scope 3 Categories Breakdown
North Pacific Bank's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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North Pacific Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
North Pacific Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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