Bank Chb
Bank of China (Taiwan) Ltd., commonly known as Bank Chb, is a prominent financial institution headquartered in Taipei, Taiwan. Established in 1946, it has grown to become a key player in the banking sector, offering a wide range of services including personal banking, corporate finance, and wealth management. With a strong presence across Taiwan and significant operations in Asia, Bank Chb is recognised for its innovative financial products tailored to meet diverse customer needs. The bank's commitment to customer service and technological advancement has positioned it as a trusted partner in the financial landscape. Notable achievements include its robust market share and reputation for reliability, making Bank Chb a preferred choice for both individual and corporate clients seeking comprehensive banking solutions.
DitchCarbon Score
How does Bank Chb'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
Bank Chb's score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Chb's reported carbon emissions
In 2023, Chang Hwa Commercial Bank (CHB), headquartered in Taiwan (TW), reported total carbon emissions of approximately 15,142,278 kg CO2e. This figure includes 2,133,566 kg CO2e from Scope 1 emissions, 13,008,712 kg CO2e from Scope 2 emissions, and 14,676,566 kg CO2e from Scope 3 emissions. Notably, the bank has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, with interim targets aligned with a 1.5°C pathway. Over the years, CHB has demonstrated a commitment to reducing its carbon footprint. For instance, in 2022, the bank's total emissions were about 17,091,793 kg CO2e, indicating a slight reduction in 2023. The bank's portfolio targets cover 14% of its total investment and lending by total assets as of 2022, with required activities making up 19% of this total. CHB's near-term targets include significant reductions by 2030, focusing on both operational emissions (Scopes 1 and 2) and broader portfolio impacts. The bank's proactive approach to sustainability reflects its dedication to addressing climate change and contributing to a more sustainable future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,999,749 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,257,404 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 00,000,000 |
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.
Bank Chb 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.
