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Financial Intermediation
TW
updated 6 months ago

Cathay United Bank Co., Ltd.

Company website

Cathay United Bank Co., Ltd., a prominent financial institution headquartered in Taipei, Taiwan (TW), has been a key player in the banking industry since its establishment in 1975. With a strong presence across major operational regions in Asia, the bank offers a comprehensive range of services, including personal banking, corporate finance, and wealth management. Renowned for its innovative financial solutions, Cathay United Bank distinguishes itself through its commitment to customer service and digital banking advancements. The bank has achieved significant milestones, including the expansion of its international footprint and the introduction of cutting-edge banking technologies. As a subsidiary of the Cathay Financial Holding Company, it holds a strong market position, consistently recognised for its financial stability and customer-centric approach.

DitchCarbon Score

How does Cathay United Bank Co., Ltd.'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.

50

Industry Average

Mean score of companies in the 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.

28

Industry Benchmark

Cathay United Bank Co., Ltd.'s score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Cathay United Bank Co., Ltd.'s reported carbon emissions

Inherited from Cathay Financial Holding Co., Ltd.

Cathay United Bank Co., Ltd., headquartered in Taiwan (TW), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Cathay Financial Holding Co., Ltd., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Cathay United Bank, it is important to note that any climate initiatives or targets would likely be aligned with those set by its parent company, Cathay Financial Holding Co., Ltd. This relationship suggests that the bank may be participating in broader sustainability efforts, including initiatives such as the Science Based Targets initiative (SBTi), CDP, and RE100, all of which are cascaded from its parent organisation. In summary, while Cathay United Bank Co., Ltd. does not currently provide specific emissions data or reduction targets, its affiliation with Cathay Financial Holding Co., Ltd. indicates a potential commitment to climate action through inherited initiatives and frameworks.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20132014201520162017201820192020202120222023
Scope 1
883,910
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
-
-
-
Scope 2
11,942,010
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
-
-
Scope 3
-
-
-
-
0,000,000
0,000,000
0,000,000
000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cathay United Bank Co., Ltd.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cathay United Bank Co., Ltd. is in TW, which we do not have grid emissions data for.

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.

Cathay United Bank Co., Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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