CTBC Finance Co., Ltd., commonly referred to as CTBC, is a leading financial services provider headquartered in Taiwan (TW). Established in 1966, the company has grown to become a prominent player in the banking and finance industry, with a strong presence across Asia and beyond. CTBC offers a diverse range of financial products and services, including retail banking, corporate finance, and wealth management, distinguished by their customer-centric approach and innovative solutions. The firm has achieved significant milestones, such as expanding its operations internationally and receiving numerous accolades for its service excellence. With a commitment to sustainability and digital transformation, CTBC Finance continues to solidify its market position, making it a trusted choice for individuals and businesses seeking comprehensive financial solutions.
How does CTBC Finance 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 Retail Trade Services 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 Finance Co., Ltd.'s score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CTBC Finance Co., Ltd. reported total carbon emissions of approximately 41,320,000 kg CO2e from Scope 1 and 2, alongside 10,506,000 kg CO2e from Scope 3 emissions. The breakdown of emissions indicates that Scope 1 emissions were about 4,132,000 kg CO2e, while Scope 2 emissions accounted for approximately 40,093,000 kg CO2e. Notably, the company has inherited emissions data from its parent company, CTBC Financial Holding Co., Ltd., which is reflected in its reporting. Comparatively, in 2022, CTBC Finance Co., Ltd. recorded Scope 1 emissions of about 3,222,000 kg CO2e and Scope 2 emissions of approximately 40,464,000 kg CO2e, with Scope 3 emissions at 10,049,000 kg CO2e. This indicates a slight increase in Scope 1 emissions year-on-year. Despite the significant emissions figures, CTBC Finance Co., Ltd. has not set specific reduction targets or initiatives as part of its climate commitments. The company is currently classified as a current subsidiary of CTBC Financial Holding Co., Ltd., which may influence its sustainability strategies and reporting practices. Overall, CTBC Finance Co., Ltd. is actively disclosing its emissions across all relevant scopes, but further details on specific reduction initiatives or targets remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | 0,000,000 | 0,000,000 |
Scope 2 | - | - | - | 00,000,000 | 00,000,000 |
Scope 3 | 4,631,990 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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 Finance 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.