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.
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.
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.
Bank Chb's score of 37 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bank Chb reported total carbon emissions of approximately 15,142,278 kg CO2e, comprising 2,133,566 kg CO2e from Scope 1 and 13,008,712 kg CO2e from Scope 2 emissions. Additionally, the bank's Scope 3 emissions reached about 14,676,566 kg CO2e, with significant contributions from categories such as employee commute (4,768,774 kg CO2e) and purchased goods and services (3,893,460 kg CO2e). Over the years, Bank Chb has shown fluctuations in its emissions. For instance, in 2020, total emissions were approximately 17,158,302 kg CO2e, with Scope 3 emissions peaking at about 3,042,183,970 kg CO2e. The bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Overall, while Bank Chb has made strides in tracking its emissions across all three scopes, it currently lacks defined reduction commitments, which places it in a challenging position within the financial industry's broader climate action context.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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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 |
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.