HOTAI FINANCE CORPORATION
HOTAI FINANCE CORPORATION, commonly referred to as HFC, is a prominent financial services provider headquartered in Taiwan (TW). Established in 1995, the company has made significant strides in the financial sector, focusing on consumer finance, auto loans, and leasing services. With a strong presence in Taiwan and expanding operations across Asia, HFC has positioned itself as a leader in the industry. The corporation offers a range of unique products, including tailored financing solutions that cater to individual and business needs. HFC's commitment to customer-centric services and innovative financial products has earned it a reputable market position. Notable achievements include consistent growth in market share and recognition for excellence in customer service, solidifying its status as a trusted name in finance.
DitchCarbon Score
How does HOTAI FINANCE CORPORATION'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 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
HOTAI FINANCE CORPORATION's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HOTAI FINANCE CORPORATION's reported carbon emissions
In 2023, HOTAI FINANCE CORPORATION reported significant carbon emissions, totalling approximately 2,905,716.6 kg CO2e. This figure includes 1,440,434.9 kg CO2e from Scope 1 emissions, 1,258,260.8 kg CO2e from Scope 2 emissions, and 586,020.9 kg CO2e from Scope 3 emissions. In 2022, the corporation's total emissions were about 1,239,675.8 kg CO2e, with Scope 1 contributing 286,264.8 kg CO2e, Scope 2 at 736,808.5 kg CO2e, and Scope 3 at 217,379.9 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. For 2021, HOTAI FINANCE CORPORATION's total emissions were approximately 285,306 kg CO2e, comprising 215,024.8 kg CO2e from Scope 1, 36,180.6 kg CO2e from Scope 2, and 34,100.9 kg CO2e from Scope 3. Despite the rising emissions, there are currently no disclosed reduction targets or climate pledges from HOTAI FINANCE CORPORATION. The company has not set specific science-based targets for emissions reduction, which is a critical aspect of corporate climate commitments in today's industry context. Overall, while HOTAI FINANCE CORPORATION has made strides in reporting its emissions across all three scopes, the absence of reduction initiatives highlights an area for potential improvement in its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 215,024.8 | 000,000.0 | 0,000,000.0 |
| Scope 2 | 36,180.6 | 000,000.0 | 0,000,000.0 |
| Scope 3 | 34,100.9 | 000,000.0 | 000,000.0 |
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.
HOTAI FINANCE CORPORATION is not participating in any 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.
