CTBC Bank Co., LTD, headquartered in Taiwan (TW), is a prominent player in the banking and financial services industry. Established in 1966, the bank has grown significantly, expanding its operations across Asia and beyond. With a strong focus on retail banking, corporate banking, and wealth management, CTBC Bank offers a diverse range of core products and services, including personal loans, credit cards, and investment solutions. Renowned for its customer-centric approach, CTBC Bank has achieved notable milestones, such as being one of the largest private banks in Taiwan. Its commitment to innovation and digital banking solutions sets it apart in a competitive market. With a solid reputation and a robust market position, CTBC Bank continues to enhance its services, catering to the evolving needs of its clients.
How does CTBC 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.
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.
CTBC Bank Co., LTD's score of 13 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CTBC Bank Co., LTD reported carbon emissions of approximately 14900 kg CO2e from Scope 1, 323780 kg CO2e from Scope 2, and 4130 kg CO2e from Scope 3. This reflects a commitment to transparency in their emissions reporting, covering all three scopes of emissions. In 2022, the bank's emissions included about 10930 kg CO2e from Scope 1, 341260 kg CO2e from Scope 2, and 4780 kg CO2e from Scope 3. The data from 2021 showed significantly higher emissions, with approximately 5611034000 kg CO2e from Scope 1, 4006568000 kg CO2e from Scope 2, and 12023667000 kg CO2e from Scope 3, indicating a substantial focus on managing and reducing their carbon footprint over the years. Despite these figures, CTBC Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the banking sector. Overall, CTBC Bank's emissions data highlights their ongoing efforts to monitor and report on their carbon emissions, while also indicating potential areas for improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 5,611,034,000 | 00,000 | 00,000 |
Scope 2 | 4,006,568,000 | 000,000 | 000,000 |
Scope 3 | 12,023,667,000 | 0,000 | 0,000 |
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 Co., LTD is not committed to any reduction initiatives 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.