Fubon Bank, officially known as Fubon Bank (Hong Kong) Limited, is a prominent financial institution headquartered in Hong Kong. Established in 2000, it has rapidly expanded its operations across major regions in Asia, offering a comprehensive range of banking services. As a key player in the banking industry, Fubon Bank focuses on retail banking, corporate banking, and wealth management, providing tailored solutions that cater to diverse customer needs. The bank is renowned for its innovative products, including personal loans, credit cards, and investment services, which distinguish it in a competitive market. With a commitment to customer-centric service and digital transformation, Fubon Bank has achieved significant milestones, solidifying its position as a trusted financial partner. Its dedication to excellence has earned it numerous accolades, reflecting its strong market presence and reputation in the financial sector.
How does Fubon 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.
Mean score of companies in the 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.
Fubon Bank's score of 16 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fubon Bank reported total carbon emissions of approximately 1,505,700 kg CO2e, with Scope 1 emissions at about 28,700 kg CO2e and Scope 2 emissions at approximately 1,507,000 kg CO2e. Notably, the bank's Scope 3 emissions were significantly higher, reaching about 1,443,505,000 kg CO2e, primarily driven by investments and business travel. In 2022, Fubon Bank's total emissions were around 18,022,370 kg CO2e, with Scope 1 emissions of about 736,580 kg CO2e and Scope 2 emissions at approximately 16,681,000 kg CO2e. The bank also reported Scope 3 emissions, which included business travel and waste generated in operations, contributing to a comprehensive understanding of their carbon footprint. Fubon Bank has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, their ongoing emissions reporting reflects a commitment to transparency in their environmental impact. The bank's emissions data indicates a focus on managing and understanding their carbon footprint, particularly in Scope 2 and Scope 3 categories, which are critical for financial institutions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 667,960 | 000,000 | 000,000 | 00,000 |
Scope 2 | 17,713,220 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | - | 0,000,000 | 0,000,000,000 |
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.
Fubon Bank is not committed to any 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.