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 Services Auxiliary to 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.
Cathay Securities's score of 55 is higher than 73% 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 25,273,170,000 kg CO2e, with emissions distributed across all three scopes: 56,340 kg CO2e for Scope 1, 465,490 kg CO2e for Scope 2 (market-based), and a significant 25,273,170,000 kg CO2e for Scope 3. The total emissions for Scope 1 and 2 combined reached about 3,213,857,000 kg CO2e. Cathay Securities has set ambitious reduction targets, aiming to reduce Scope 1 and 2 greenhouse gas emissions cumulatively by 30% by 2025 and by 42% by 2030, using 2020 as the baseline year. These targets are part of their commitment to sustainability and are cascaded from their parent company, Cathay Financial Holding Co., Ltd. The company has demonstrated a proactive approach to climate commitments, aligning with industry standards and best practices. Their emissions data and reduction initiatives reflect a strong commitment to addressing climate change and reducing their carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 52,990 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 1,153,260 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 13,470 | 0,000 | 00,000,000,000 | 00,000,000,000 |
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.
Cathay Securities 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.