- High commodity prices and labor shortages.
- Economic impact of the end of the Bank of Japan’s negative interest rate policy and geopolitical risks.
- Insufficient efforts to support wealth-building.
- Inability to meet the loan target for SMEs in Hokkaido due to higher-than-expected prepayments of COVID-19 support loans.
- Transition risks and physical risks associated with climate change.
- Concerns about sustainability due to stagnation of the Hokkaido economy.
- High cost structure based on branches and over-the-counter services.
- Depopulation and lack of successors in Hokkaido.
North Pacific Bank, Ltd.
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, North Pacific Bank, Ltd. disclosed greenhouse gas emissions of 10.6M t-CO2e (FY2023). By scope: Scope 1: 2.3K t-CO2e (FY2023); Scope 2: 10.7K t-CO2e (FY2023); Scope 3: 10.5M t-CO2e (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
10.6M t-CO2e (FY2023)
2024
Waste
24 tons (FY2023)
2024
📊 Emissions by Scope (2024)
| 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). | 2.3K t-CO2e (FY2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.7K t-CO2e (FY2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.5M t-CO2e (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 |
|---|---|
| 2024 | 10.6M t-CO2e (FY2023) |
| 2023 | 17.6K t-CO2e (FY2022) |
| 2018-04-01 to 2019-03-31 | 28.1K t-CO2 (preliminary figures) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 57.3% reduction in Scope 1 and 2 GHG emissions from FY2013 in FY2023, aiming for 80% by FY2030 and carbon neutrality by 2050.
- Began calculating estimates for corporate borrowers' Scope 3 emissions (Category 15).
🎯 Climate & Sustainability Targets
🔜 Short-term
- 80% reduction in Scope 1 and 2 GHG emissions from FY2013 by FY2030.
📅 Medium-term
- Achieve 5% ROE in FY2027 (one year ahead of schedule).
- Achieve 8% ROE in the long term.
- Reduce the book value of cross-shareholdings by 5.0 billion yen by March 31, 2026.
🌱 ESG Focus Areas
Climate ChangeBiodiversity ConservationFinancial and Economic Education