CTBC Finance Co., Ltd.
CTBC Finance Co., Ltd., commonly referred to as CTBC, is a leading financial services provider headquartered in Taiwan (TW). Established in 1966, the company has grown to become a prominent player in the banking and finance industry, with a strong presence across Asia and beyond. CTBC offers a diverse range of financial products and services, including retail banking, corporate finance, and wealth management, distinguished by their customer-centric approach and innovative solutions. The firm has achieved significant milestones, such as expanding its operations internationally and receiving numerous accolades for its service excellence. With a commitment to sustainability and digital transformation, CTBC Finance continues to solidify its market position, making it a trusted choice for individuals and businesses seeking comprehensive financial solutions.
DitchCarbon Score
How does CTBC Finance Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
CTBC Finance Co., Ltd.'s score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CTBC Finance Co., Ltd.'s reported carbon emissions
In 2023, CTBC Finance Co., Ltd. reported total carbon emissions of approximately 44,225,000 kg CO2e, comprising 4,132,000 kg CO2e from Scope 1, 40,093,000 kg CO2e from Scope 2, and 10,506,000 kg CO2e from Scope 3 emissions. The previous year, 2022, the company recorded total emissions of about 43,686,000 kg CO2e, with Scope 1 emissions at 3,222,000 kg CO2e, Scope 2 at 40,464,000 kg CO2e, and Scope 3 at 10,049,000 kg CO2e. CTBC Finance has disclosed emissions across all three scopes, indicating a commitment to transparency in its climate impact. However, there are currently no specific reduction targets or initiatives outlined in their reports. The company’s emissions intensity for Scope 1 and 2 was reported at 0.000324 NT$ per unit of revenue in 2023, slightly up from 0.000314 NT$ in 2022, suggesting a need for enhanced strategies to reduce emissions intensity moving forward. As a financial institution headquartered in Taiwan, CTBC Finance is positioned within an industry increasingly focused on sustainability and climate commitments, yet it has not publicly committed to specific science-based targets or climate pledges at this time.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,222,000 | 0,000,000 |
| Scope 2 | 40,464,000 | 00,000,000 |
| Scope 3 | 10,049,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
CTBC Finance Co., Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
