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 47 is higher than 94% 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, Bank Chb reported total carbon emissions of approximately 15,142,278 kg CO2e, comprising 2,133,566 kg CO2e from Scope 1, 13,008,712 kg CO2e from Scope 2, and 14,676,566 kg CO2e from Scope 3 emissions. This represents a significant commitment to reducing their carbon footprint, with a midterm target of a 42% reduction in Scope 1 and Scope 2 emissions by 2030, compared to 2020 levels, equating to an annual reduction of about 4.2%. The bank's emissions data shows a consistent approach to tracking and managing their carbon output across all scopes. In 2022, their total emissions were approximately 17,091,793 kg CO2e, indicating a need for ongoing efforts to meet their reduction targets. Bank Chb is also committed to net-zero emissions, with portfolio targets covering 14% of its total investment and lending by total assets as of 2022. This includes a focus on required activities that constitute 19% of their total investment, alongside optional and out-of-scope activities. Overall, Bank Chb's climate commitments reflect a proactive stance in addressing climate change, aligning with industry standards and the urgent need for financial institutions to contribute to global sustainability efforts.
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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 | 00,000,000 | 0,000,000 | 0,000,000 | 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.
