Far Eastern International Bank Sustainability Profile
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 38 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Far Eastern International Bank's reported carbon emissions
In 2023, Far Eastern International Bank (FEIB), headquartered in Taiwan (TW), reported total carbon emissions of approximately 57,231,000 kg CO2e. This figure includes 8,808,000 kg CO2e from Scope 1 emissions and 48,423,000 kg CO2e from Scope 2 emissions, with an additional 33,464,000 kg CO2e attributed to Scope 3 emissions. The bank's emissions from investments totalled about 9,135,015,000 kg CO2e, highlighting the significant impact of its financial activities. FEIB has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to reducing its carbon footprint. The bank's near-term targets align with the Science Based Targets initiative (SBTi), aiming to cover 13% of its total investment and lending by total assets as of 2023, with required activities making up 16% of this total. The bank's emissions data is independently sourced and does not cascade from any parent organization, ensuring that its climate commitments are directly attributable to its own operational practices. As part of its ongoing efforts, FEIB is focused on aligning its emissions reduction strategies with the global goal of limiting temperature rise to 1.5°C, demonstrating its commitment to sustainable finance and environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 103,200 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 1,057,320 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000 |
How Carbon Intensive is Far Eastern International Bank's Industry?
How Carbon Intensive is Far Eastern International Bank's Location?
Far Eastern International Bank's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 27298% of Scope 3 emissions.
Top Scope 3 Categories
Far Eastern International Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Far Eastern International Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Standard Chartered Bank
Bank Of America
Ctbc Bank
Dbs Bank
Deutsche Bank
Frequently Asked Questions
Common questions about Far Eastern International Bank's sustainability data and climate commitments