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 41 is higher than 61% 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 10,541,653,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 10,541,653,000 kg CO2e. This includes investments (10,539,301,000 kg CO2e), business travel (896,000 kg CO2e), employee commute (1,432,000 kg CO2e), and waste generated in operations (24,000 kg CO2e). The bank's Scope 1 emissions were about 2,285,000 kg CO2e, while Scope 2 emissions totalled approximately 10,727,000 kg CO2e, leading to combined Scope 1 and 2 emissions of about 13,013,000 kg CO2e. In the Japanese context, the bank's Scope 1 and 2 emissions were reported at approximately 9,270,000 kg CO2e, with Scope 3 emissions including investments (6,800,000 kg CO2e) and other categories such as business travel (600 kg CO2e) and employee commute (1,100 kg CO2e). Despite the substantial emissions figures, North Pacific Bank has not disclosed specific reduction targets or initiatives as part of its climate commitments. The bank's emissions data is not cascaded from a parent company, indicating that it operates independently in its reporting and climate strategy. Overall, North Pacific Bank's emissions profile highlights the significant impact of its investment activities on its carbon footprint, underscoring the need for targeted climate action and transparency in emissions reduction efforts.
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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.
Top Scope 3 Categories
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.
