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Public Profile
Financial Intermediation
TW
updated a day ago

CTBC Financial Holding

Company website

CTBC Financial Holding Co., Ltd., commonly known as CTBC, is a prominent financial services provider headquartered in Taiwan (TW). Established in 1966, the company has grown to become a key player in the banking and financial industry, with significant operations across Asia and beyond. CTBC offers a diverse range of services, including commercial banking, wealth management, and insurance, distinguished by its customer-centric approach and innovative financial solutions. The firm has achieved notable milestones, such as expanding its international presence and receiving various accolades for its service excellence. With a strong market position, CTBC is recognised for its commitment to sustainability and digital transformation, making it a trusted choice for individuals and businesses seeking comprehensive financial services.

DitchCarbon Score

How does CTBC Financial Holding'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.

47

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.

39

Industry Benchmark

CTBC Financial Holding's score of 47 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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CTBC Financial Holding's reported carbon emissions

In 2023, CTBC Financial Holding, headquartered in Taiwan (TW), reported total carbon emissions of approximately 44,176,000 kg CO2e, which includes 4,132,000 kg CO2e from Scope 1 and 40,044,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions accounted for about 8,200,000 kg CO2e, with significant contributions from fuel and energy-related activities (7,915,000 kg CO2e), business travel (569,000 kg CO2e), and waste generated in operations (340,000 kg CO2e). CTBC has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. This long-term target was established in 2023 and reflects the company's commitment to reducing its carbon footprint. Furthermore, CTBC's portfolio targets cover 31% of its total investment and lending by total assets as of 2021, aligning with the Science Based Targets initiative (SBTi) to ensure that their operations contribute to limiting global warming to 1.5°C. The company has also set near-term targets, with a focus on achieving significant reductions by 2035. These initiatives demonstrate CTBC Financial Holding's proactive approach to addressing climate change and its commitment to sustainable financial practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201520162017201820192020202120222023
Scope 1
1,215,040
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
32,070,570
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
2,478,000
0,000,000
-
0,000,000
-
-
-
-
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CTBC Financial Holding's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for CTBC Financial Holding is in TW, which we do not have grid emissions data for.

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 Financial Holding is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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