Far Eastern International Bank
Far Eastern International Bank (FEIB), headquartered in Taiwan (TW), is a prominent player in the banking and financial services industry. Established in 1992, the bank has steadily expanded its operations across major regions in Asia, offering a diverse range of financial products and services tailored to meet the needs of both individual and corporate clients. FEIB is renowned for its core offerings, which include personal banking, corporate finance, and wealth management services. The bank distinguishes itself through innovative financial solutions and a commitment to customer service excellence. With a strong market position, FEIB has achieved notable milestones, including recognition for its robust financial performance and customer satisfaction. As a trusted financial institution, Far Eastern International Bank continues to play a vital role in the economic landscape of Taiwan and beyond.
DitchCarbon Score
How does Far Eastern International Bank'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 Services Auxiliary to 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.
Industry Benchmark
Far Eastern International Bank's score of 35 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Far Eastern International Bank's reported carbon emissions
In 2023, Far Eastern International Bank (FEIB) reported total carbon emissions of approximately 9,150,810,000 kg CO2e, with Scope 1 emissions accounting for about 306,880 kg CO2e. The bank's Scope 3 emissions, which include indirect emissions from its value chain, were significantly higher, highlighting the substantial impact of its investment and lending activities. FEIB has set near-term targets aligned with the Science Based Targets initiative (SBTi) to ensure its portfolio covers 13% of total investments and lending by total assets as of 2023. This includes required activities that made up 16% of its total investments, with optional activities comprising 45%. These targets are designed to be consistent with limiting global warming to 1.5°C. The bank's emissions data from previous years shows a trend of increasing emissions, with Scope 1 emissions recorded at 329,550 kg CO2e in 2022 and 692,260 kg CO2e in 2021. This indicates a need for ongoing commitment to reducing its carbon footprint. FEIB's climate commitments reflect a proactive approach to sustainability within the financial sector, aiming to address the significant emissions associated with its operations and investments.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 103,200 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 |
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.
Far Eastern International Bank 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.
