BANK OF TAIWAN
Bank of Taiwan, established in 1946, stands as a cornerstone of the financial landscape in Taiwan (TW). Headquartered in Taipei, the bank operates extensively across Asia and beyond, providing a comprehensive range of banking services. As a leading financial institution, it focuses on commercial banking, investment banking, and wealth management, catering to both individual and corporate clients. Renowned for its innovative financial products, Bank of Taiwan offers unique services such as foreign exchange and trade financing, which are tailored to meet the diverse needs of its clientele. The bank has achieved significant milestones, including its pivotal role in Taiwan's economic development and its status as one of the largest banks in the region. With a strong market position, Bank of Taiwan continues to uphold its commitment to excellence in service and financial solutions.
DitchCarbon Score
How does BANK OF TAIWAN'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 Business Services 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 OF TAIWAN's score of 6 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BANK OF TAIWAN's reported carbon emissions
In 2023, the Bank of Taiwan reported total carbon emissions of approximately 32,856,985 kg CO2e. This figure includes Scope 1 emissions of about 4,476,163 kg CO2e, Scope 2 emissions of approximately 18,443,566 kg CO2e, and Scope 3 emissions totalling around 9,937,256 kg CO2e. Despite the significant emissions, there are currently no publicly disclosed reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of specific climate pledges or commitments suggests that the Bank of Taiwan may be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, the Bank of Taiwan's future climate commitments will be crucial in aligning with industry standards and addressing the growing concerns surrounding climate change.
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Add to project| 2023 | |
|---|---|
| Scope 1 | 4,476,162.9 |
| Scope 2 | 18,443,565.5 |
| Scope 3 | 9,937,256.4 |
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 OF TAIWAN is not committed to any 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.
