Shin Kong
Shin Kong Financial Holding Company, commonly referred to as Shin Kong, is a prominent player in the financial services industry, headquartered in Taipei, Taiwan (TW). Established in 2001, the company has rapidly expanded its operations across major regions in Taiwan and beyond, solidifying its position in the market. Shin Kong offers a diverse range of financial products and services, including insurance, banking, and investment solutions. Its unique approach combines innovative technology with customer-centric strategies, setting it apart from competitors. Notable achievements include a strong market presence and recognition for its commitment to financial stability and customer service excellence. With a focus on sustainable growth and a robust portfolio, Shin Kong continues to enhance its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Shin Kong'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
Shin Kong's score of 46 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shin Kong's reported carbon emissions
In 2023, Shin Kong Financial Holding, headquartered in Taiwan (TW), reported total carbon emissions of approximately 28,794,780 kg CO2e, comprising 3,479,890 kg CO2e from Scope 1, 25,134,900 kg CO2e from Scope 2, and 2,234,238,160 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their carbon footprint across all scopes of emissions. Shin Kong has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, covering all scopes of emissions. As of 2022, their portfolio targets encompassed 39% of total investments and lending by total assets, with required activities making up the same percentage. The company is aligned with the Science Based Targets initiative (SBTi), aiming to meet the reductions necessary to limit global warming to 1.5°C. In recent years, Shin Kong has demonstrated a proactive approach to reducing its carbon intensity, with emissions per employee reported at approximately 1,992 kg CO2e in 2018 and 2,040 kg CO2e in 2019, indicating a focus on improving operational efficiency. Their ongoing initiatives reflect a commitment to sustainability and responsible investment practices within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,831,940 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,866,510 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,508,422,750 | 0,000,000,000 | 0,000,000,000 | 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.
Shin Kong 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.
