BANK OF TAIWAN Sustainability Profile
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 19 is lower than 87% 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 OF TAIWAN's reported carbon emissions
In 2023, the Bank of Taiwan reported a greenhouse gas intensity of approximately 6.086e-07 kg CO2e per unit of revenue (in NTD), but specific total emissions data for Scope 1, 2, and 3 are not disclosed. The bank has not set any formal reduction targets or climate pledges, indicating a lack of specific commitments towards reducing carbon emissions at this time. As a current subsidiary of the Bank of Taiwan, any emissions data or climate initiatives would be inherited from the parent organisation. However, no significant reduction initiatives or targets have been reported, suggesting that the bank may still be in the early stages of developing a comprehensive climate strategy. Overall, while the Bank of Taiwan has acknowledged its emissions through revenue intensity metrics, it currently lacks detailed emissions reporting and specific climate commitments.
How Carbon Intensive is BANK OF TAIWAN's Industry?
How Carbon Intensive is BANK OF TAIWAN's Location?
BANK OF TAIWAN's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BANK OF TAIWAN has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
