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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.
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.
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.
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.
In 2023, the Bank of Taiwan reported a greenhouse gas intensity of approximately 6.086e-07 kg CO2e per unit of revenue (NTD), although specific total emissions figures for Scope 1, 2, and 3 were 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, which has not provided detailed emissions figures or reduction strategies. The absence of disclosed emissions data suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Overall, while the Bank of Taiwan has reported its greenhouse gas intensity, it currently lacks specific emissions data and formal climate commitments, reflecting a broader context within the financial sector where many institutions are still working to establish clear sustainability goals.
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 participating in any 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.