Cathay Securities, a prominent player in the Taiwanese financial services sector, is headquartered in Taipei, Taiwan (TW). Established in 1995, the company has steadily evolved, becoming a key provider of brokerage and investment services across the Asia-Pacific region. With a strong focus on wealth management, asset management, and securities trading, Cathay Securities distinguishes itself through its innovative financial solutions and commitment to client satisfaction. The firm has achieved significant milestones, including the expansion of its service offerings and a robust digital platform that enhances user experience. Renowned for its comprehensive research and analysis capabilities, Cathay Securities holds a competitive market position, catering to both individual and institutional investors. As a trusted name in the industry, it continues to set benchmarks for excellence in financial services.
How does Cathay Securities'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 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.
Cathay Securities's score of 33 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cathay Securities reported total carbon emissions of approximately 521,830 kg CO2e, with Scope 1 emissions at about 56,340 kg CO2e and Scope 2 emissions (market-based) at around 465,490 kg CO2e. The Scope 3 emissions totalled approximately 42,740 kg CO2e. Over the previous years, the company has shown a trend of decreasing emissions, with total emissions of about 573,567,000 kg CO2e in 2022 and 633,825,000 kg CO2e in 2021. Notably, Scope 1 and 2 emissions combined were approximately 1,211,280 kg CO2e in 2021, indicating a significant reduction in subsequent years. Despite these reductions, Cathay Securities has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the financial services sector. Overall, while Cathay Securities has made progress in reducing its carbon footprint, the lack of formalised targets highlights an opportunity for enhanced climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 58,523,290 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 2,588,800 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 3 | 3,091,920 | 0,000,000 | 0,000,000 | 00,000 | 0,000 | 00,000 | 00,000 |
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.
Cathay Securities 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.