Hirogin Holdings Inc

Common Name
Hirogin Holdings
Country
Japan
Sector
Financial Services
Industry
Banks - Regional
Employees
3,689
Ticker
7337
Exchange
TOKYO STOCK EXCHANGE
Description
Hirogin Holdings Inc. is a prominent financial holding company based in Japan, primarily focused on providing comprehensive banking services through its subsidiary network. As a key player in the fina...

Hirogin Holdings's GHG Emissions Data Preview

In 2023, Hirogin Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Hirogin Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hirogin Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hirogin Holdings’s data sources below and access millions more through our Disclosure Search.

a. Hirogin Holdings's TCFD Report 2024
a. Hirogin Holdings's TCFD Report 2024
b. Hirogin Holdings's TCFD Report 2023
b. Hirogin Holdings's TCFD Report 2023

Insights into Hirogin Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hirogin Holdings amounted to 8,591.4 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hirogin Holdings decreased by 19.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Hirogin Holdings's Scope 1 Emissions Over Time

2019202020212022202305501.1 k1.65 k2.2 ktCO2e-7%-22%-10%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Hirogin Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hirogin Holdings were 1,457.2 metric tons of CO₂ equivalent (tCO₂e). a

Has Hirogin Holdings reduced its Scope 1 emissions over time?

Since 2019, Hirogin Holdings's Scope 1 emissions have decreased by 29.8%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Hirogin Holdings's Scope 1 emissions increased by 6.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hirogin Holdings's Scope 2 emissions?

In 2023, Hirogin Holdings reported Scope 2 greenhouse gas (GHG) emissions of 7,134.2 tCO₂e without specifying the calculation method. a

Has Hirogin Holdings reduced its Scope 2 emissions over time?

Since 2019, Hirogin Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 43.1%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Hirogin Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 23.71% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Hirogin Holdings use for Scope 2 reporting?

In 2023, Hirogin Holdings reported its Scope 2 emissions using an unspecified methodology. a

Hirogin Holdings's Scope 2 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hirogin Holdings's Value Chain Emissions

In 2023, Hirogin Holdings reported 13,757.1 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Hirogin Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Hirogin Holdings's Scope 3 Emissions Over Time

20212022202305 k10 k15 k20 ktCO2e-14%-17%
  • Total Scope 3
  • Year-over-Year Change

What are Hirogin Holdings's Scope 3 emissions?

In 2023, Hirogin Holdings reported total Scope 3 emissions of 13,757.1 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Hirogin Holdings's Scope 3 emissions decreased by 16.96%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Hirogin Holdings disclose?

In 2023, Hirogin Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hirogin Holdings's Scope 3 emissions?

In 2023, the largest contributors to Hirogin Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 9,050.9 tCO₂e (65.79%)
  • Upstream Transportation and Distribution (Cat. 4): 1,626.7 tCO₂e (11.82%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,424.6 tCO₂e (10.36%)

Hirogin Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(65.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(10.4%)UpstreamTransportation andDistribution(Cat. 4)(11.8%)

Insights into Hirogin Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hirogin Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,457.2 tCO₂e and total revenues of USD 941 millions. This translates into an emissions intensity of 1.55 tCO₂e per millions USD. a

Hirogin Holdings's Scope 1 Emissions Intensity Compared to Peers

201,00020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)MSFMSK7MMMizuho Financial GroupYear: 2024Scope 1: 10,427 tCO2eRevenue: $M 19,618Scope 1 Intensity: 0.53 tCO2e/$MAozora BankYear: 2023Scope 1: 95 tCO2eRevenue: $M 794Scope 1 Intensity: 0.12 tCO2e/$MYokohama Financial GroupYear: 2023Scope 1: 782 tCO2eRevenue: $M 2,004Scope 1 Intensity: 0.39 tCO2e/$MRakuten BankYear: 2023Scope 1: 8,407,135 tCO2eRevenue: $M 605Scope 1 Intensity: 13,905.34 tCO2e/$MSSShizuoka Financial GroupYear: 2024Scope 1: 1,099 tCO2eRevenue: $M 1,518Scope 1 Intensity: 0.72 tCO2e/$MIyogin HoldingsYear: 2023Scope 1: 1,172 tCO2eRevenue: $M 1,078Scope 1 Intensity: 1.09 tCO2e/$MFFFukuoka Financial GroupYear: 2022Scope 1: 2,834 tCO2eRevenue: $M 2,003Scope 1 Intensity: 1.41 tCO2e/$MMMMebuki Financial GroupYear: 2023Scope 1: 2,742 tCO2eRevenue: $M 2,200Scope 1 Intensity: 1.25 tCO2e/$MSSSumitomo Mitsui Trust GroupYear: 2022Scope 1: 5,034 tCO2eRevenue: $M 9,493Scope 1 Intensity: 0.53 tCO2e/$MJapan Post HoldingsYear: 2024Scope 1: 473,536 tCO2eRevenue: $M 79,122Scope 1 Intensity: 5.98 tCO2e/$MChiba BankYear: 2024Scope 1: 2,444 tCO2eRevenue: $M 1,469Scope 1 Intensity: 1.66 tCO2e/$MZenkoku HoshoYear: 2024Scope 1: 43 tCO2eRevenue: $M 341Scope 1 Intensity: 0.13 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MKKKyoto Financial GroupYear: 2024Scope 1: 1,560 tCO2eRevenue: $M 746Scope 1 Intensity: 2.09 tCO2e/$MShinkin Central BankYear: 2024Scope 1: 1,367 tCO2eRevenue: $M 1,548Scope 1 Intensity: 0.88 tCO2e/$MJapan Post BankYear: 2023Scope 1: 4,301 tCO2eRevenue: $M 11,852Scope 1 Intensity: 0.36 tCO2e/$MHachijuni BankYear: 2023Scope 1: 2,372 tCO2eRevenue: $M 1,310Scope 1 Intensity: 1.81 tCO2e/$MKyushu Financial GroupYear: 2023Scope 1: 1,562 tCO2eRevenue: $M 1,434Scope 1 Intensity: 1.09 tCO2e/$M7777 BankYear: 2024Scope 1: 1,150 tCO2eRevenue: $M 942Scope 1 Intensity: 1.22 tCO2e/$MCredit SaisonYear: 2022Scope 1: 341 tCO2eRevenue: $M 2,976Scope 1 Intensity: 0.11 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MGunma BankYear: 2024Scope 1: 1,402 tCO2eRevenue: $M 1,000Scope 1 Intensity: 1.40 tCO2e/$MHirogin HoldingsYear: 2023Scope 1: 1,457 tCO2eRevenue: $M 941Scope 1 Intensity: 1.55 tCO2e/$M

How does Hirogin Holdings's GHG emissions intensity compare to its peers?

In 2023, Hirogin Holdings reported a Scope 1 emissions intensity of 1.55 tCO₂e per millions USD. Compared to the peer group median of 1.09 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Hirogin Holdings rank on GHG emissions intensity within its industry?

In 2023, Hirogin Holdings ranked 17 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Hirogin Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Hirogin Holdings's Total Carbon Footprint

In 2023, Hirogin Holdings reported a total carbon footprint of 22,348.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.09% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Hirogin Holdings's total carbon footprint was Scope 3 emissions, accounting for 61.56% of the company's total carbon footprint, followed by Scope 2 emissions at 31.92%. a

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