- Declining regional economy due to labor shortages
- Decreased competitive strength due to diversification of customer needs and progress of digital channels
- Declining business performance due to inadequacies or delays in adapting to structural changes within society
- Declining business performance and trust among stakeholders due to natural disasters or stricter regulatory environment
- Declining business performance due to inability to retain human resources and weak employee motivation
- Falling share price, declining stakeholder trust
- Climate change risks (transition and physical risks)
Shizuoka Financial Group, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shizuoka Financial Group, Inc. disclosed greenhouse gas emissions of 4.8K tCO2e/year (FY2023). By scope: Scope 1: 1.1K tCO2e/year (FY2023); Scope 2: 3.8K tCO2e/year (FY2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
4.8K tCO2e/year (FY2023)
2023
Renewable Energy
100% of directly contracted power (FY2023)
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.1K tCO2e/year (FY2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.8K tCO2e/year (FY2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 4.8K tCO2e/year (FY2023) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 74.1% vs. FY2013 (to 4,790 tons)
- Switched all contracted power usage to renewable energy
- Shizugin Solar Park and Shizugin Aqua Energy Park operational
- Shijimizuka Branch earned ZEB Ready certification
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase Group officer and employee engagement score to 4.0 or higher by 2027
📅 Medium-term
- Achieve carbon neutrality (Scopes 1 & 2) by FY2030
- Reduce GHG emissions in Shizuoka Prefecture by 46% (vs. FY2013) by FY2030
- Execute two trillion yen in sustainable finance by FY2030
- Increase the percentage of women in leadership positions to 27% by FY2027 and 40% by FY2031
🔭 Long-term
- Reduce the balance of investments and loans for coal-fired power generation to zero by around FY2040
- Achieve Scope 3 carbon neutrality by around FY2040
🌱 ESG Focus Areas
DecarbonizationRegional RevitalizationHuman Capital ManagementDiversity, Equity & InclusionBiodiversity