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 1,116,300,000 kg CO2e. This figure includes Scope 1 emissions of about 2,333,000 kg CO2e, Scope 2 emissions of approximately 127,000 kg CO2e, and Scope 3 emissions totalling around 1,104,600,000 kg CO2e. 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. In 2022, Shizuoka Financial's total emissions were approximately 1,138,100,000 kg CO2e, with Scope 1 emissions at about 2,324,000 kg CO2e and Scope 2 emissions remaining consistent at around 127,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,138,100,000 kg CO2e. The company has demonstrated a commitment to sustainability through these reduction initiatives, which are part of a broader strategy to mitigate climate impact. Shizuoka Financial's emissions data is sourced directly from Shizuoka Financial Group, Inc., ensuring accuracy and transparency in their reporting.
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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 | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
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 3% last year and decreased by approximately 3% since 2022, 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 "Purchased Goods and Services" being the largest emissions source at 3% 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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