Taichung Commercial Bank Co
Taichung Commercial Bank Co., Ltd., commonly referred to as Taichung Bank, is a prominent financial institution headquartered in Taichung, Taiwan. Established in 1946, the bank has grown to become a key player in the Taiwanese banking sector, with a strong presence in central and northern Taiwan. Specialising in a range of services, including personal banking, corporate finance, and wealth management, Taichung Bank is recognised for its customer-centric approach and innovative financial solutions. The bank's commitment to digital transformation has positioned it as a leader in the industry, enhancing customer experience and operational efficiency. With a solid market position and a reputation for reliability, Taichung Commercial Bank continues to achieve significant milestones, contributing to the economic development of the regions it serves.
DitchCarbon Score
How does Taichung Commercial Bank 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 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
Taichung Commercial Bank Co's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Taichung Commercial Bank Co's reported carbon emissions
In 2022, Taichung Commercial Bank Co reported total carbon emissions of approximately 1,894,257 kg CO2e. This figure includes 224,749 kg CO2e from Scope 1 emissions and 1,669,508 kg CO2e from Scope 2 emissions. The bank's emissions have shown a notable decrease from 2021, where total emissions were about 2,366,648 kg CO2e, comprising 215,478 kg CO2e from Scope 1 and 1,761,197 kg CO2e from Scope 2, alongside 389,972 kg CO2e from Scope 3 emissions. Over the years, Taichung Commercial Bank has made strides in reducing its carbon footprint, with total emissions decreasing from approximately 2,008,080 kg CO2e in 2020 to 1,894,257 kg CO2e in 2022. However, the bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's commitment to addressing climate change is evident in its emissions reporting, which includes both Scope 1 and Scope 2 emissions, while also acknowledging Scope 3 emissions in 2021. This comprehensive approach reflects an understanding of the importance of managing carbon emissions across all operational areas.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 225,059.8 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,677,989.5 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 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.
Taichung Commercial Bank Co is not committed to any 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.
