Public Profile

North Pacific Bank

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.

19

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.

13

Industry Benchmark

North Pacific Bank's score of 19 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

North Pacific Bank's reported carbon emissions

In 2023, North Pacific Bank reported total carbon emissions of approximately 10,543,000 kg CO2e. This figure includes 2,285,000 kg CO2e from Scope 1 emissions, 10,727,000 kg CO2e from Scope 2 emissions, and a significant 10,541,653,000 kg CO2e from Scope 3 emissions, which primarily stem from investments. Over the years, the bank has shown a trend of reducing its Scope 1 and Scope 2 emissions. For instance, in 2022, the total emissions from these scopes were about 17,649,000 kg CO2e, down from approximately 21,896,000 kg CO2e in 2020. However, the Scope 3 emissions have seen a dramatic increase, rising from about 1,993,000 kg CO2e in 2020 to over 10.5 billion kg CO2e in 2023, largely due to investment activities. Despite these figures, North Pacific Bank has not publicly committed to specific reduction targets or initiatives, nor have they joined any formal climate pledges. The absence of documented reduction targets suggests a need for enhanced climate action strategies within the organisation.

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Add to project
20132020202120222023
Scope 1
4,558,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
25,905,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. North Pacific Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. North Pacific Bank is headquartered in JP, which has a rank of low, indicating low grid carbon 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.

North Pacific Bank is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers