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 33 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Far Eastern International Bank's reported carbon emissions
In 2023, Far Eastern International Bank (FEIB) reported total carbon emissions of approximately 5,458,500 kg CO2e, comprising 306,880 kg CO2e from Scope 1 and a significant 9,150,810,000 kg CO2e from Scope 3 emissions. This reflects the bank's ongoing commitment to addressing its carbon footprint, particularly in its investment and lending activities. FEIB has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway by 2029. These targets cover 13% of its total investment and lending portfolio, with required activities constituting 16% of total assets as of 2023. The bank is actively working to reduce its operational emissions (Scopes 1 and 2) in line with these commitments. Over the years, FEIB has made notable progress in reducing its emissions. For instance, in 2022, the bank's total emissions were about 5,622,310 kg CO2e, down from approximately 6,518,250 kg CO2e in 2021. This trend indicates a commitment to sustainability and responsible banking practices. Overall, FEIB's climate commitments and emissions data reflect a proactive approach to mitigating climate change impacts within the financial sector, particularly in Taiwan.
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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 | - | - | - | - | - | 000,000 | - |
| 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 committed to some reduction initiatives 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.
