Yuanta Commercial Bank Co., Ltd
Yuanta Commercial Bank Co., Ltd., headquartered in Taiwan (TW), is a prominent player in the banking and financial services industry. Established in 1961, the bank has grown significantly, expanding its operations across major regions in Asia, including Taiwan and other key markets. Specialising in a range of financial services, Yuanta offers unique products such as personal banking, corporate finance, and wealth management solutions. The bank is recognised for its innovative approach to digital banking, enhancing customer experience through advanced technology. With a strong market position, Yuanta Commercial Bank has achieved notable milestones, including awards for excellence in customer service and financial performance. Its commitment to providing tailored financial solutions sets it apart in a competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Yuanta Commercial Bank 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 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
Yuanta Commercial Bank Co., Ltd's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yuanta Commercial Bank Co., Ltd's reported carbon emissions
In 2023, Yuanta Commercial Bank Co., Ltd reported total carbon emissions of approximately 8,912,990 kg CO2e, which includes 569,680 kg CO2e from Scope 1 and 8,343,320 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significantly higher, totalling about 1,868,000,000 kg CO2e, with major contributions from purchased goods and services (approximately 1,349,865,310 kg CO2e) and capital goods (approximately 727,142,050 kg CO2e). Comparatively, in 2022, the bank's total emissions were about 9,245,390 kg CO2e, with Scope 1 and 2 emissions at 9,245,390 kg CO2e, indicating a slight reduction in overall emissions in 2023. The bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. Yuanta Commercial Bank's emissions data reflects its commitment to transparency in reporting carbon emissions across all scopes, although it currently lacks defined reduction targets. The bank's emissions profile highlights the significant impact of its supply chain and operational activities on its overall carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 687,610 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 9,816,810 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 |
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.
Yuanta Commercial Bank 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.
