Citibank Taiwan Ltd., a subsidiary of Citigroup Inc., is a prominent player in the financial services industry, headquartered in Taipei, Taiwan (TW). Established in 1964, the bank has significantly contributed to the region's banking landscape, offering a wide range of services including retail banking, corporate banking, and wealth management. With a strong focus on innovation, Citibank Taiwan provides unique products such as tailored investment solutions and digital banking services, catering to the diverse needs of its clientele. The bank has consistently maintained a robust market position, recognised for its customer-centric approach and commitment to financial inclusion. As a key player in Taiwan's banking sector, Citibank continues to achieve notable milestones, reinforcing its reputation as a trusted financial partner in the region.
How does Citibank Taiwan 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.
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.
Citibank Taiwan Ltd.'s score of 20 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citibank Taiwan Ltd. currently does not report any carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established specific reduction targets or commitments under initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of reported emissions and reduction initiatives, it is important to note that Citibank Taiwan Ltd. operates within a broader industry context where financial institutions are increasingly being called upon to enhance their climate commitments and transparency. As the global focus on sustainability intensifies, it is anticipated that Citibank Taiwan Ltd. will align with industry standards and expectations regarding carbon emissions and climate action in the future.
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.
Citibank Taiwan Ltd. 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.
