Ctbc Bank
CTBC Bank Co., Ltd., commonly known as CTBC Bank, is a prominent financial institution headquartered in Taipei, Taiwan (TW). Established in 1966, the bank has grown to become a key player in the banking industry, with significant operations across Asia and the United States. CTBC Bank offers a diverse range of services, including personal banking, corporate banking, and wealth management, distinguished by its commitment to customer-centric solutions and innovative financial products. The bank has achieved notable milestones, such as expanding its international presence and receiving various accolades for its service excellence. With a strong market position, CTBC Bank continues to enhance its reputation as a trusted financial partner, leveraging technology and expertise to meet the evolving needs of its clients.
DitchCarbon Score
How does Ctbc Bank'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.
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.
Industry Benchmark
Ctbc Bank's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ctbc Bank's reported carbon emissions
In 2023, CTBC Bank reported carbon emissions of approximately 32,780 kg CO2e from Scope 1 and Scope 2 sources, with specific contributions of 14,900 kg CO2e from stationary combustion and 323,780 kg CO2e from purchased electricity. The bank's Scope 3 emissions included about 4,130 kg CO2e from waste generated in operations. In 2022, the total emissions were around 43,725,000 kg CO2e, with Scope 1 emissions at approximately 3,223,000 kg CO2e and Scope 2 emissions at about 40,502,000 kg CO2e. The previous year, 2021, saw total emissions of approximately 42,195,000 kg CO2e, with Scope 1 emissions of about 3,377,000 kg CO2e and Scope 2 emissions of around 38,817,000 kg CO2e. Notably, Scope 3 emissions for 2021 were significant, reaching approximately 12,023,667,000 kg CO2e, primarily driven by investments and capital goods. CTBC Bank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,596,000 | 0,000,000 | 0,000,000 | 00,000 |
| Scope 2 | 38,310,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 3 | - | 00,000,000,000 | 0,000 | 0,000 |
Industry emissions intensity
Location emissions intensity
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.
Ctbc Bank 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.
