CTBC Finance Co., Ltd.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
CTBC Finance Co., Ltd.'s score of 39 is higher than 82% 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 Finance Co., Ltd.'s reported carbon emissions
In 2023, CTBC Finance Co., Ltd. reported total carbon emissions of approximately 44,225,000 kg CO2e, comprising 4,132,000 kg CO2e from Scope 1, 40,093,000 kg CO2e from Scope 2, and 10,506,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, which recorded 3,222,000 kg CO2e, while Scope 2 emissions decreased marginally from 40,464,000 kg CO2e in 2022. The total emissions from Scope 1 and 2 combined were about 43,686,000 kg CO2e in 2022. CTBC Finance has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. However, the company has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a commitment to significant emissions reductions in line with industry standards. The absence of defined reduction initiatives suggests a need for enhanced climate strategies to align with global sustainability goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,222,000 | 0,000,000 |
| Scope 2 | 40,464,000 | 00,000,000 |
| Scope 3 | 10,049,000 | 00,000,000 |
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 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.
