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 42 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, Chang Hwa Commercial Bank (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 reflects a commitment to transparency in their emissions reporting across all scopes. Over the years, Bank Chb has demonstrated a proactive approach to reducing its carbon footprint. In 2022, the bank's total emissions were about 17,091,793 kg CO2e, indicating a reduction in emissions in 2023. The bank has set ambitious long-term climate commitments, aiming for net-zero emissions by 2050, as part of its Science Based Targets initiative (SBTi) commitments. These targets encompass all scopes of emissions, aligning with global efforts to limit warming to 1.5°C. Bank Chb's portfolio targets cover approximately 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 enhancing its sustainability practices and reducing its overall environmental impact, reflecting a growing trend among financial institutions to prioritise climate action.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 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 |
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.