Far Eastern International Bank

Far Eastern International Bank's reported carbon emissions

Far Eastern International Bank (FEIB), a financial services company headquartered in TW, has reported a total of approximately 96.97 billion kg CO2e in emissions for the year 2023. This comprehensive figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For 2023, FEIB's Scope 1 emissions were approximately 306,880 kg CO2e, and its Scope 2 emissions were about 5,151,620 kg CO2e. The largest portion of its emissions in 2023 came from Scope 3, totalling approximately 9,150,810,000 kg CO2e, with investments accounting for the most significant portion within this scope at about 9,135,015,000 kg CO2e. In 2022, FEIB reported total Scope 1 and 2 emissions of approximately 5,622,310 kg CO2e, with Scope 1 at about 329,550 kg CO2e and Scope 2 at approximately 5,292,760 kg CO2e. Scope 3 emissions were not disclosed for 2022. FEIB is committed to climate action and has set near-term Science Based Targets initiative (SBTi) aligned with a 1.5°C warming scenario, with targets set for 2029. These targets cover greenhouse gas emissions from company operations (Scopes 1 and 2) and are consistent with reductions required to keep warming to 1.5°C. FEIB's portfolio targets cover 13% of its total investment and lending by total assets as of 2023. The company is listed under the SPG number 24151. While FEIB has made commitments to SBTi, it has indicated "No" for net-zero commitment.