Public Profile

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.

30

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.

26

Industry Benchmark

HOTAI FINANCE CORPORATION's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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. The previous year, 2022, saw a total of about 1,239,675.8 kg CO2e, with Scope 1 emissions at 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. In 2021, the corporation's emissions were reported at approximately 285,306 kg CO2e, with Scope 1 contributing 215,024.8 kg CO2e, Scope 2 at 36,180.6 kg CO2e, and Scope 3 at 34,100.9 kg CO2e. Despite these figures, HOTAI FINANCE CORPORATION has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests a need for enhanced commitment to sustainability and emissions reduction strategies in the future.

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202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HOTAI FINANCE CORPORATION's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. HOTAI FINANCE CORPORATION is headquartered in TW, which we do not have grid emissions data for.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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