The Hokuriku Bank, Ltd. Sustainability Profile
The Hokuriku Bank, Ltd., commonly referred to as Hokugin, is a prominent financial institution headquartered in Japan. Established in 1948, the bank has played a vital role in the economic development of the Hokuriku region, which includes Toyama, Ishikawa, and Fukui Prefectures. Specialising in commercial banking, Hokugin offers a diverse range of services, including personal and corporate banking, asset management, and investment services. With a strong commitment to customer service and community engagement, Hokugin has distinguished itself through innovative financial solutions tailored to local needs. The bank has achieved notable milestones, including the expansion of its digital banking services, enhancing accessibility for its clients. As a key player in the regional banking sector, The Hokuriku Bank continues to uphold its reputation for reliability and excellence in financial services.
DitchCarbon Score
How does The Hokuriku Bank, Ltd.'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
The Hokuriku Bank, Ltd.'s score of 33 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Hokuriku Bank, Ltd., headquartered in Japan (JP), currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The bank is a current subsidiary of Hokuhoku Financial Group, Inc., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from The Hokuriku Bank, it is important to note that emissions data and performance metrics may be inherited from its parent organization, Hokuhoku Financial Group, Inc. This relationship suggests that any climate commitments or strategies may align with the broader goals set by the group. As of now, The Hokuriku Bank has not established specific science-based targets (SBTi) or documented reduction initiatives. The lack of emissions data and reduction targets highlights a potential area for development in their sustainability strategy. The bank's commitment to addressing climate change remains unclear, but it is positioned within an industry increasingly focused on reducing carbon footprints and enhancing environmental responsibility.
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| 2023 | |
|---|---|
| Scope 1 | 4,325,000 |
| Scope 2 | 12,802,000 |
| Scope 3 | 51,874,000 |
How Carbon Intensive is The Hokuriku Bank, Ltd.'s Industry?
How Carbon Intensive is The Hokuriku Bank, Ltd.'s Location?
The Hokuriku Bank, Ltd.'s Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 75% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 43750241% of Scope 3 emissions.
Top Scope 3 Categories
The Hokuriku Bank, Ltd.'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.
The Hokuriku Bank, Ltd. 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.
