Fubon Financial
Fubon Financial Holding Co., Ltd., commonly known as Fubon Financial, is a leading financial services provider headquartered in Taipei, Taiwan (TW). Established in 2001, the company has rapidly expanded its operations across Asia, particularly in Taiwan and China, solidifying its position in the financial industry. Fubon Financial operates primarily in banking, insurance, and asset management, offering a diverse range of core products and services that cater to both individual and corporate clients. Its unique approach combines innovative financial solutions with a strong commitment to customer service, setting it apart in a competitive market. With a robust market presence, Fubon Financial has achieved notable milestones, including recognition for its financial stability and customer satisfaction. The company continues to enhance its reputation as a trusted partner in the financial sector, driving growth and innovation in the industry.
DitchCarbon Score
How does Fubon Financial'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 Financial Intermediation 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
Fubon Financial's score of 83 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fubon Financial's reported carbon emissions
In 2024, Fubon Financial reported total carbon emissions of approximately 40,260,000 kg CO2e for Scope 1, 41,568,000 kg CO2e for Scope 2, and 33,029,000 kg CO2e for Scope 3, resulting in a combined total of about 115,857,000 kg CO2e. This reflects a commitment to reducing emissions across all scopes, with specific targets set for the near and long term. Fubon Financial has pledged to achieve a 42% reduction in emissions by 2030, which includes a 5% reduction in Scope 1 emissions and a 45.5% reduction in Scope 2 emissions. Furthermore, the company aims for a significant 92.3% reduction in emissions by 2040, with a complete elimination of Scope 2 emissions. In the immediate term, Fubon is targeting a 16.9% reduction in total operational emissions by 2024, using 2020 as the baseline year. The company has also launched the "Run For Green" initiative, aiming for net-zero emissions by 2050. This initiative underscores Fubon’s commitment to sustainability and its role in leading a green transition within the financial sector. Additionally, Fubon is part of the Science Based Targets initiative (SBTi), aligning its targets with the goal of limiting global warming to 1.5°C. Overall, Fubon Financial's emissions strategy reflects a robust approach to climate action, with clear targets and a commitment to reducing its carbon footprint significantly over the coming decades.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,315,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 47,406,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 731,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 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.
Fubon Financial is participating in some 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.
