Esun Fhc

Esun Fhc's reported carbon emissions

E.SUN Financial Holding Company Ltd. (E.SUN FHC), headquartered in Taiwan (TW) and operating in financial intermediation services, demonstrates a commitment to climate action through emissions reporting and reduction targets. In 2024, E.SUN FHC reported a total of approximately 5.56 billion kg CO2e emissions. This figure comprises Scope 1 emissions of approximately 2.40 million kg CO2e, Scope 2 emissions of approximately 10.29 million kg CO2e (market-based), and substantial Scope 3 emissions of approximately 5.55 billion kg CO2e, with investments being the largest contributor. The company has set near-term, absolute reduction targets based on a 2020 baseline. For Scope 1 emissions, E.SUN FHC aims for a 42% reduction by 2030, equating to an annual reduction of 4.2%. For Scope 2 emissions, they have set a target of 4.2% annual reduction for market-based emissions, also aiming for this by 2030. E.SUN FHC is also committed to long-term net-zero targets, with initiatives aligned with a 1.5°C warming scenario. Their portfolio targets, as of 2019, aimed to cover 11% of their total investment and lending activities by monetary value. This commitment extends to 2050, with the goal of achieving net-zero emissions. The company's Scope 1 and 2 operational emissions targets are considered consistent with the reductions needed to keep global warming to 1.5°C. Historically, E.SUN FHC reported total emissions of approximately 5.42 billion kg CO2e in 2023 and around 5.02 billion kg CO2e in 2022. Prior to these years, emissions data shows fluctuations, with total emissions around 3.75 billion kg CO2e in 2021 and 4.79 billion kg CO2e in 2020. Emissions data from 2019 onwards also highlights significant Scope 3 emissions, particularly from investments. The company's climate reporting includes a focus on Scope 1, 2, and 3 emissions.