Kings Town Bank
Kings Town Bank, also known as KTB, is a prominent financial institution headquartered in Taiwan (TW). Established in 1992, the bank has steadily expanded its operations across major regions in Taiwan, offering a comprehensive range of banking services. Specialising in retail banking, corporate finance, and wealth management, Kings Town Bank distinguishes itself through innovative financial solutions tailored to meet diverse customer needs. With a commitment to customer service and technological advancement, KTB has achieved significant milestones, including the introduction of digital banking platforms that enhance user experience. As a key player in the Taiwanese banking sector, Kings Town Bank is recognised for its strong market position and dedication to sustainable growth, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Kings Town Bank'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
Kings Town Bank's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kings Town Bank's reported carbon emissions
In 2022, Kings Town Bank reported total carbon emissions of approximately 2,309,793 kg CO2e. This figure includes 306,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 2,000,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, the bank recorded 4,000 kg CO2e in Scope 3 emissions, specifically from upstream transportation and distribution. Comparatively, in 2021, the bank's total emissions were about 2,123,000 kg CO2e, with Scope 1 emissions at 96,000 kg CO2e and Scope 2 emissions at 2,027,000 kg CO2e. The Scope 3 emissions for that year were 17,000 kg CO2e. This indicates a significant increase in total emissions from 2021 to 2022. Kings Town Bank has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the bank may be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, Kings Town Bank's future commitments will be crucial in aligning with industry standards and addressing climate change effectively.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 29,000 | 00,000 | 000,000 |
| Scope 2 | 2,315,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000 | 0,000 |
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.
Kings Town Bank 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.
