In 2023, Yokohama 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).
Yokohama Financial Group has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Yokohama Financial Group amounted to 4,282 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 Yokohama Financial Group decreased by 44%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Yokohama Financial Group were 782 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Yokohama Financial Group's Scope 1 emissions have decreased by 19.79%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Yokohama Financial Group's Scope 1 emissions decreased by 7.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Yokohama Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 3,500 tCO₂e without specifying the calculation method. a
Since 2019, Yokohama Financial Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 82.99%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Yokohama Financial Group's Scope 2 emissions (Unspecified Calculation Method) fell by 48.56% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Yokohama Financial Group reported its Scope 2 emissions using an unspecified methodology. a
In 2023, Yokohama Financial Group reported 91,712 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 Yokohama Financial Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
In 2023, Yokohama Financial Group reported total Scope 3 emissions of 91,712 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
Since 2019, Yokohama Financial Group's Scope 3 emissions have remained relatively stable, indicating that Yokohama Financial Group 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2022), Yokohama Financial Group's Scope 3 emissions decreased by 99.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, Yokohama Financial Group reported emissions for 8 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.
In 2023, the largest contributors to Yokohama Financial Group's Scope 3 emissions were: a
In 2023, Yokohama Financial Group reported Scope 1 greenhouse gas (GHG) emissions of 782 tCO₂e and total revenues of USD 2,004 millions. This translates into an emissions intensity of 0.39 tCO₂e per millions USD. a
In 2023, Yokohama Financial Group reported a Scope 1 emissions intensity of 0.39 tCO₂e per millions USD. Compared to the peer group median of 1.09 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Yokohama Financial Group ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Yokohama Financial Group among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2023, Yokohama Financial Group reported a total carbon footprint of 95,994 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.82% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Yokohama Financial Group's total carbon footprint was Scope 3 emissions, accounting for 95.54% of the company's total carbon footprint, followed by Scope 2 emissions at 3.65%. a