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.
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 41 is higher than 90% 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 10,543,000 kg CO2e, with emissions distributed across various scopes: 2,285,000 kg CO2e from Scope 1, 10,727,000 kg CO2e from Scope 2, and a significant 10,541,653,000 kg CO2e from Scope 3. The Scope 3 emissions primarily stem from investments, which accounted for about 10,539,301,000 kg CO2e. In the previous years, the bank's emissions showed a trend of fluctuation. For instance, in 2022, total emissions were about 587,946,000 kg CO2e, with Scope 1 and 2 emissions at approximately 17,649,000 kg CO2e. In 2021, emissions were around 19,273,000 kg CO2e, while in 2020, they were approximately 21,896,000 kg CO2e. The bank's Scope 1 and 2 emissions have seen a reduction from 30,464,000 kg CO2e in 2013 to 13,013,000 kg CO2e in 2023, indicating a commitment to lowering its direct and indirect emissions. Despite these figures, North Pacific Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the banking sector.
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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 | 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
Location emissions 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 participating in any of the initiatives that 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.
