Chang Hwa Commercial Bank, Ltd., Singapore Branch, is a prominent financial institution headquartered in Singapore, with a strong presence in the Asia-Pacific region. Established in 1904, the bank has evolved significantly, marking key milestones in its journey to becoming a trusted player in the banking industry. Specialising in commercial banking services, Chang Hwa offers a range of core products, including corporate banking, trade finance, and treasury services. Its unique approach combines local expertise with international standards, catering to the diverse needs of businesses and individuals alike. Recognised for its commitment to customer service and innovation, Chang Hwa Commercial Bank has solidified its market position, earning accolades for its operational excellence and financial stability. With a focus on fostering long-term relationships, the bank continues to thrive in a competitive landscape.
How does Chang Hwa Commercial Bank, Ltd., Singapore Branch'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.
Chang Hwa Commercial Bank, Ltd., Singapore Branch's score of 28 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chang Hwa Commercial Bank, Ltd., Singapore Branch currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Chang Hwa Commercial Bank, Ltd., and any climate commitments or emissions data would be inherited from this parent organisation. As part of its climate strategy, Chang Hwa Commercial Bank, Ltd. has set various reduction initiatives, although specific targets or achievements have not been disclosed. The bank's climate commitments may align with broader industry standards, but detailed information on reduction targets or specific emissions figures is not provided. The emissions data and climate initiatives are cascaded from Chang Hwa Commercial Bank, Ltd., which may have its own sustainability goals and reporting mechanisms. However, without specific emissions data or reduction targets available for the Singapore branch, it is challenging to provide a comprehensive overview of its carbon footprint or climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,999,749 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,257,404 | 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 | 00,000,000 | - | 00,000,000 | 00,000,000 | - | - |
Chang Hwa Commercial Bank, Ltd., Singapore Branch's Scope 3 emissions, which increased by 7% last year and increased by approximately 337% since 2018, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 46% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 68% of Scope 3 emissions.
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.
Chang Hwa Commercial Bank, Ltd., Singapore Branch has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.