- Low PBR (0.2 times) compared to industry peers
- Low loan-deposit ratio (70.1%)
- Low investment yield due to high proportion of lending to local governments (over 30%)
- Relatively low corporate solutions revenue level
- Difficult management environment due to inflation, resource and supply chain confusion, and interest rate increases
Hokuhoku Financial Group, Inc.
Greenhouse gas emissions & sustainability report data
In its FY2022 reporting, Hokuhoku Financial Group, Inc. disclosed greenhouse gas emissions of 17.1K t-CO2e (Scope 1 & 2). By scope: Scope 1: 4.3K t-CO2e; Scope 2: 12.8K t-CO2e; Scope 3: 51.9K t-CO2e (excluding Category 15). 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
17.1K t-CO2e (Scope 1 & 2)
FY2022
📊 Emissions by Scope (FY2022)
| 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). | 4.3K t-CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.8K t-CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 51.9K t-CO2e (excluding Category 15) |
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 |
|---|---|
| FY2022 | 17.1K t-CO2e (Scope 1 & 2) |
| 2023-04 to 2023-09 | 17.1K t-CO2 (Scopes 1 & 2 FY2023 1H) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 45.2% compared to FY2013 (Scope 1 & 2)
- Established the company group’s first ZEB branch
- Introduced electric vehicles to promote the spread of clean energy
- Sustainability-related investment and loans of 289.3 billion yen (+186.7 billion yen compared to last year)
- Environment-related finance of 147.4 billion yen (+110.3 billion yen compared to last year)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve PBR to 0.5-0.6 times by FY2025
📅 Medium-term
- Achieve carbon neutrality by FY2030
- Increase sustainability-related loans to 1.5 trillion yen by FY2030
- Increase environment-related finance to 700 billion yen by FY2030
- Improve PBR to 1.0 times by FY2027
🔭 Long-term
- Sustainable growth together with local communities and customers through problem solving
🌱 ESG Focus Areas
EnvironmentSocialGovernance