Hokuhoku Financial Group Inc

Common Name
Hokuhoku Financial Group
Country
Japan
Sector
Financial Services
Industry
Banks - Regional
Employees
4,580
Ticker
8377
Exchange
TOKYO STOCK EXCHANGE
Description
Hokuhoku Financial Group Inc. is a prominent Japanese financial services firm engaged in providing a comprehensive range of banking solutions. The primary objective of this financial group is to deliv...

Hokuhoku Financial Group's GHG Emissions Data Preview

In 2023, Hokuhoku Financial Group 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).

Hokuhoku Financial Group has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hokuhoku Financial Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hokuhoku Financial Group amounted to 15,485 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hokuhoku Financial Group decreased by 9.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hokuhoku Financial Group's Scope 1 Emissions Over Time

2022202301.5 k3 k4.5 k6 ktCO2e-15%
  • Total Scope 1
  • Year-over-Year Change

What are Hokuhoku Financial Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hokuhoku Financial Group were 3,689 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Hokuhoku Financial Group's Scope 1 emissions decreased by 14.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hokuhoku Financial Group's Scope 2 emissions?

In 2023, Hokuhoku Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 11,796 tCOâ‚‚e without specifying the calculation method.

Has Hokuhoku Financial Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Hokuhoku Financial Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hokuhoku Financial Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hokuhoku Financial Group use for Scope 2 reporting?

In 2023, Hokuhoku Financial Group reported its Scope 2 emissions using an unspecified methodology.

Hokuhoku Financial Group's Scope 2 Emissions Over Time

2022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hokuhoku Financial Group's Value Chain Emissions

In 2023, Hokuhoku Financial Group reported 16,487,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hokuhoku Financial Group includes a breakdown across 9 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.

Hokuhoku Financial Group's Scope 3 Emissions Over Time

2022202304.5 M9 M13.5 M18 MtCO2e+1%
  • Total Scope 3
  • Year-over-Year Change

What are Hokuhoku Financial Group's Scope 3 emissions?

In 2023, Hokuhoku Financial Group reported total Scope 3 emissions of 16,487,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.52% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Hokuhoku Financial Group's Scope 3 emissions remained relatively stable, indicating that Hokuhoku Financial Group 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hokuhoku Financial Group disclose?

In 2023, Hokuhoku Financial Group reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of Hokuhoku Financial Group's Scope 3 emissions?

In 2023, the largest contributors to Hokuhoku Financial Group's Scope 3 emissions were:

  • Investments (Cat. 15): 16,392,302 tCOâ‚‚e (99.42%)
  • Capital Goods (Cat. 2): 50,835 tCOâ‚‚e (0.31%)
  • Purchased Goods and Services (Cat. 1): 21,925 tCOâ‚‚e (0.13%)

Hokuhoku Financial Group's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.4%)

Insights into Hokuhoku Financial Group's Total Carbon Footprint

In 2023, Hokuhoku Financial Group reported a total carbon footprint of 16,503,449 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.39% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hokuhoku Financial Group's total carbon footprint was Scope 3 emissions, accounting for 99.91% of the company's total carbon footprint, followed by Scope 2 emissions at 0.07%.

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