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 22 is higher than 91% 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. Over the years, the bank has shown a commitment to reducing its carbon footprint, with significant emissions recorded in previous years: 17,158,302 kg CO2e in 2020 and 17,091,793 kg CO2e in 2022. The bank has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of its long-term strategy. Additionally, it has established near-term targets aligned with a 1.5°C pathway, focusing on reducing emissions from its investment and lending portfolio, which covers about 14% of its total assets as of 2022. This includes required activities that constituted 19% of its total investment and lending, with optional activities making up 44%. Bank Chb's proactive approach to climate action reflects its dedication to sustainability and responsible banking practices, positioning it as a leader in the financial sector's response to climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 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 | 00,000,000 | 00,000,000 | 00,000,000 | 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.