Shizuoka Financial Sustainability Profile
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.
DitchCarbon Score
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.
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
Shizuoka Financial's score of 48 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shizuoka Financial's reported carbon emissions
In 2023, Shizuoka Financial reported total carbon emissions of approximately 4,600,300 kg CO2e, comprising 2,333,000 kg CO2e from Scope 1, 127,000 kg CO2e from Scope 2, and 2,205,200 kg CO2e from Scope 3 emissions. The company has set ambitious reduction targets, aiming for a 42% reduction in both Scope 1 and Scope 2 emissions by 2030, starting from a baseline year of 2020. This commitment reflects a proactive approach to mitigating climate impact and aligns with industry standards for sustainability. Shizuoka Financial's emissions data is sourced directly from Shizuoka Financial Group, Inc., ensuring accuracy and transparency in their reporting. The company has demonstrated a commitment to addressing its carbon footprint through these significant reduction initiatives, contributing to broader climate goals within the financial sector.
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| 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 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 0,000,000 |
How Carbon Intensive is Shizuoka Financial's Industry?
How Carbon Intensive is Shizuoka Financial's Location?
Shizuoka Financial's Scope 3 Categories Breakdown
Shizuoka Financial's Scope 3 emissions, which decreased by 96% last year and decreased by approximately 96% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 1536% of Scope 3 emissions.
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Shizuoka Financial'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.
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.
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