Shizuoka Financial Group, commonly referred to as Shizuoka FG, is a prominent financial institution headquartered in Shizuoka, Japan. Established in 1943, the company has grown to become a key player in the banking and financial services industry, primarily serving the Chubu region and beyond. Shizuoka FG offers a diverse range of services, including retail banking, corporate finance, and asset management, distinguished by its commitment to customer-centric solutions and innovative financial products. The group has achieved notable milestones, including strategic mergers that have expanded its market presence and enhanced service offerings. With a strong reputation for reliability and community engagement, Shizuoka Financial Group continues to solidify its position as a trusted partner in financial services, catering to both individual and corporate clients across Japan.
How does Shizuoka Financial'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.
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.
Shizuoka Financial's score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shizuoka Financial reported total carbon emissions of approximately 47,900,000 kg CO2e, comprising 1,127,000 kg CO2e from Scope 1, 3,763,000 kg CO2e from Scope 2, and a significant 43,010,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included 24,054,000 kg CO2e from capital goods and 33,873,000 kg CO2e from purchased goods and services, highlighting the substantial impact of their supply chain activities. Comparatively, in 2022, the total emissions were about 12,715,000 kg CO2e, with Scope 1 emissions at 1,177,000 kg CO2e and Scope 2 emissions at 11,538,000 kg CO2e. This indicates a notable increase in emissions in 2023, particularly in Scope 3 categories. Shizuoka Financial has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). Their emissions data is independently reported and not cascaded from a parent company, ensuring that the figures reflect their direct operational impact. The organisation's emissions profile underscores the importance of addressing both direct and indirect emissions, particularly in the context of their supply chain and operational activities.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,377,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,137,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
Shizuoka Financial's Scope 3 emissions, which increased by 9% last year and increased by approximately 9% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 54% of Scope 3 emissions.
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.
Shizuoka Financial 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.
