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 44 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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. The bank has demonstrated a commitment to reducing its carbon footprint, with a long-term net-zero target set for 2050, covering all scopes of emissions. Over the years, CHB has made significant strides in emissions management. For instance, in 2022, the bank's total emissions were about 17,091,793 kg CO2e, indicating a reduction in emissions in 2023. The bank's Scope 1 and 2 emissions combined were approximately 17,091,793 kg CO2e in 2022, showcasing its efforts to lower operational emissions. CHB has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway. These targets cover 14% of its total investment and lending by total assets as of 2022, with required activities making up 19% of this total. The bank is committed to achieving these targets by 2030 and 2028, respectively. Overall, Chang Hwa Commercial Bank is actively working towards reducing its carbon emissions and has established a framework for sustainable practices in line with global climate goals.
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| 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 participating in some of the initiatives that 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.
