Cathay Financial Holding Co
Cathay Financial Holding Co., often referred to as Cathay Holdings, is a prominent financial services conglomerate headquartered in Taiwan (TW). Established in 2000, the company has rapidly evolved to become a key player in the financial industry, with significant operations across Asia and beyond. Cathay Financial Holding Co. primarily operates in the insurance, banking, and asset management sectors, offering a diverse range of products and services tailored to meet the needs of 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 solid market position, Cathay Holdings has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable practices. The company continues to strengthen its reputation as a leader in the financial services landscape, driven by a focus on growth and excellence.
DitchCarbon Score
How does Cathay Financial Holding Co'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 Insurance 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
Cathay Financial Holding Co's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cathay Financial Holding Co's reported carbon emissions
In 2023, Cathay Financial Holding Co., based in Taiwan (TW), reported carbon emissions of approximately 4,031,190 kg CO2e for Scope 1 and 44,879,340 kg CO2e for Scope 2, totalling about 48,910,530 kg CO2e. The company also disclosed significant Scope 3 emissions, including 47,518,220 kg CO2e from capital goods and 30,146,820 kg CO2e from employee commute. Cathay Financial Holding Co. has committed to ambitious climate targets, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets cover 46% of total investment and lending activities by monetary value as of 2020. The company has set near-term targets consistent with keeping global warming well below 2°C, with a deadline for submission of these targets by January 2024. Overall, Cathay Financial Holding Co. is actively working towards reducing its carbon footprint and aligning its operations with global climate goals, demonstrating a commitment to sustainability in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 883,910 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000 | - |
| Scope 2 | 11,942,010 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | - |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 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.
Cathay Financial Holding Co is committed to some reduction initiatives 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.
