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 40 is higher than 60% 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), headquartered in Taiwan (TW), reported total carbon emissions of approximately 9,150,810,000 kg CO2e. This figure includes 306,880 kg CO2e from Scope 1 emissions, while the majority, about 9,150,000,000 kg CO2e, falls under Scope 3 emissions, which encompasses various categories such as investments, purchased goods and services, and employee commuting. FEIB has set significant climate commitments, aligning its targets with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. As of 2023, the bank's portfolio targets cover 13% of its total investment and lending by total assets. Notably, required activities accounted for 16% of this total, while optional activities made up 45%, and out-of-scope activities constituted 39%. These targets are designed to ensure that emissions from the bank's operations (Scopes 1 and 2) are consistent with necessary reductions to meet climate goals. The bank's emissions data is not cascaded from any parent organization, indicating that it independently reports its carbon footprint and climate strategies. Overall, FEIB's commitment to addressing climate change reflects its proactive approach within the financial sector, aiming to contribute to a sustainable future.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 103,200 | 000,000 | 00,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
