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Public Profile
Financial Intermediation
JP
updated a month ago

North Pacific Bank Sustainability Profile

Company website

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.

41

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.

29

Industry Benchmark

North Pacific Bank's score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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North Pacific Bank's reported carbon emissions

In 2023, North Pacific Bank, headquartered in Japan, reported total emissions of approximately 9,270,000 kg CO2e for Scope 1 and 2 combined, while Scope 3 emissions reached about 6,800,000 kg CO2e from investments alone. The bank's total emissions for the year were significantly influenced by its operational activities, with Scope 1 and 2 emissions accounting for the majority of its carbon footprint. The bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it is committed to addressing its carbon emissions through various operational strategies. The emissions data is not cascaded from a parent company, indicating that North Pacific Bank is independently reporting its climate impact. Overall, North Pacific Bank's emissions profile highlights the importance of transparency in corporate climate commitments, as it navigates the challenges of reducing its carbon footprint in a rapidly changing environmental landscape.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20132020202120222023
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?

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.

How Carbon Intensive is North Pacific Bank's Location?

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. This request for North Pacific Bank is in JP, which has a low grid carbon intensity relative to other regions.

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.

Top Scope 3 Categories

2023
Investments
100%
Employee Commuting
<1%
Business Travel
<1%
Waste Generated in Operations
<1%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare North Pacific Bank's Emissions with Industry Peers

JPMorgan Chase & Co

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Truist

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Squarespace

US
•
Computer and related services (72)
Updated 2 months ago

Morgan Stanley

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Fidelity National Information Services, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Visa

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 23 hours ago

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