CTBC Financial Holding
CTBC Financial Holding Co., Ltd., commonly known as CTBC, is a prominent financial services provider headquartered in Taiwan (TW). Established in 1966, the company has grown to become a key player in the banking and financial industry, with significant operations across Asia and beyond. CTBC offers a diverse range of services, including commercial banking, wealth management, and insurance, distinguished by its customer-centric approach and innovative financial solutions. The firm has achieved notable milestones, such as expanding its international presence and receiving various accolades for its service excellence. With a strong market position, CTBC is recognised for its commitment to sustainability and digital transformation, making it a trusted choice for individuals and businesses seeking comprehensive financial services.
DitchCarbon Score
How does CTBC Financial Holding'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
CTBC Financial Holding's score of 37 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CTBC Financial Holding's reported carbon emissions
In 2023, CTBC Financial Holding reported total carbon emissions of approximately 44,176,000 kg CO2e, comprising 4,132,000 kg CO2e from Scope 1 and about 40,044,000 kg CO2e from Scope 2. Additionally, Scope 3 emissions were recorded at approximately 8,200,000 kg CO2e, which included business travel, employee commuting, waste generated in operations, and fuel and energy-related activities. Over the years, CTBC has shown fluctuations in its emissions. For instance, in 2022, the total emissions were about 43,725,000 kg CO2e, with Scope 1 at 3,223,000 kg CO2e and Scope 2 at 40,502,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. CTBC's emissions data reflects its operational impact and highlights the importance of ongoing efforts to manage and reduce carbon footprints in the financial sector. As the company continues to navigate its climate responsibilities, transparency in its reduction strategies will be crucial for aligning with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,975,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 30,660,000 | 00,000,000 | 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 |
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.
CTBC Financial Holding 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.
