Kyushu Financial Group, Inc.

Participation Year: 2023B607
Security Code
7180B296
Industrial Classification
BANKINGB299
Sales
214,368million yenB302 (FYB3012022)B300
Category
Group XB303

Organizational boundary type : Control Criteria: Management Control CriteriaB605

Number of legal entities included in the organizational boundary (excluding representative participating companies)

6B305

Target(vs FY2013)B306

Phase1 Total Emission Targets
34,556B312t-CO2e
FY2025
11,402B317t-CO2e
(36% Emission Reduction)B318
(scope1 -8%B314, scope2 -39%B316)
FY2030
0B323t-CO2e(100% Emission Reduction)B324(scope1 -100%B320, scope2 -100%B322)
FY2050
Carbon Neutrality

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025, and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Actual Emissions

FY2023
Emission Amount 38,210B1036t-CO2e(scope1 28,892B1027t-CO2e,scope2 9,318B1031t-CO2e)
FY2024
Emission Amount t-CO2e

(scope1 t-CO2e, scope2 t-CO2e)

FY2025
Emission Amount t-CO2e

(scope1 t-CO2e, scope2 t-CO2e)

Comparison of Emissions Reduction Targets and Actual Emissions

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Emissions Intensity Target

  • FY2030

    ―B325

  • t-CO2e/

    ―B326

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

  1. 1

    B329For the most recent emissions, the rate of reduction from the base year is above the NDCs (FY2023), and the company is committed to additional reductions above the NDCs toward FY2025 and FY2030.)

  2. 2

    B330Not Applicable

Details of Emission Results

※ You can see all by scrolling horizontally.
概要Unit (t-CO2e)
2023202420252023-2025 (Total)
Scope1 ActualAfter deduction of for eligible carbon credit and GX credit28,892B1027
before deduction for eligible credit and GX credit 28,892B1028
Amount of eligible carbon credit procured0B1029
GX credit procured0B1030
Scope2 ActualAfter deduction of eligible carbon credit, certificates, etc.9,318B1031
before deduction for credits and certificates9,318B1032
Amount of eligible carbon credits procured0B1033
Certificates procured0B1034
Scope1+Scope2After deduction of eligible carbon credit, GX credit and certificates38,210B1036
Scope1 Actual from power generation division―B1037
Scope2 Actual from power generation division―B1038
Ref. Electric power consumption―B1035

※Use of waste as raw fuel and recovery have already been accounted for

Progress towards achieving Phase 1 target

  • Scope1
  • Scope2

State of progress(FY2023)

  1. 1

    The reductions are progressing sufficiently towards achieving the goal.

  2. 2

    There is a delay in reductions towards achieving the goal.

Explanation of progress (FY2023)

―B1040

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Transition Strategy

  • Applicable
  • Not applicable

Summary of Transition Strategy (PDF)

Transition Strategy Text

  • ・ B365
    B367

Implementation status of recommended measures for transition strategy

  • 1

    B368Targeting core business activities

  • 2

    B369Describing the scenario roadmap referenced

  • 3

    B370Considering impacts on the environment and society other than climate change

Scenario roadmap referenced during formulation

  • 1

    B375Sectoral Technology Roadmap for Transition Finance Promotion

  • 2

    B376A scientifically based plan for the realization of the Paris Agreement as defined

  • 3

    B377GHG reduction targets set by the government（NDC）

  • 4

    B378Others

    • -B379

Status of Governance Initiatives

  • 1

    B381Linked to management plan

  • 2

    B382Establishing a department in charge

  • 3

    B383Establishing an executive officer in charge

  • 4

    B384Developing and disclosing investment plans necessary to implement the strategy

List of initiatives required from GX League companies

1. Initiatives towards reducing supply chain emissions

2. Initiatives in the market through products and services.

Criteria for Establishing Organizational Boundaries

  • 1

    B332Equity share-based criteria (GHG Protocol compliant)

  • 2

    B332Financial control criteria (GHG Protocol compliant).

  • 3

    B332Operational control criteria (GHG Protocol compliant).

  • 4

    B332Financial accounting standards

  • 5

    B332Non-Consolidated

  • 6

    Others

Emission target (vs. base year)

FY― B361
t-CO2eB362(―)B363 (scope1 -8%B347, scope2 -39%B351, scope3 B355 )

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Details of Emission Results

※ You can see all by scrolling horizontally.
概要Unit (t-CO2e)
2023202420252023-2025 (Total)
Scope1 ActualAfter deduction of carbon credit and Non-fossil certificate―B1045
Before deduction of carbon credit and Non-fossil certificate―B1046
Amount of carbon offset and carbon credit procured―B1047
Amount of Non-fossil certificate―B1048
Scope2 ActualAfter deduction of carbon credit and Non-fossil certificate―B1049
Before deduction of carbon credit and Non-fossil certificate―B1050
Amount of carbon offset and carbon credit procured―B1051
Amount of Non-fossil certificate―B1052
Scope2 ActualAfter deduction of carbon credit and Non-fossil certificate―B1053
Before deduction of carbon credit and Non-fossil certificate―B1054
Amount of carbon offset and carbon credit procured―B1055
Amount of Non-fossil certificate―B1056
Scope1+2After deduction of carbon credit and Non-fossil certificate―B1057
Scope1+2+3After deduction of carbon credit and Non-fossil certificate―B1058

Calculation Method

  1. 1

    SHK system compliant

  2. 2

    GHG Protocol compliant

  3. 3

    GX-ETS compliant

  4. 4

    Others

    ―B1060

Details of Actual Emissions

  • ―B1061

Assurance Level

  1. 1

    Reasonable assurance

  2. 2

    Limited assurance

Assuarance Report

  • ―B1064