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 82% 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 total carbon emissions of approximately 2,905,696.6 kg CO2e, comprising 1,440,434.9 kg CO2e from Scope 1, 1,258,260.8 kg CO2e from Scope 2, and 586,020.9 kg CO2e from Scope 3 emissions. This represents a significant increase in emissions compared to 2022, where total emissions were about 1,241,453.2 kg CO2e, with Scope 1 at 286,264.8 kg CO2e, Scope 2 at 736,808.5 kg CO2e, and Scope 3 at 217,379.9 kg CO2e. In 2021, the corporation's emissions were approximately 285,306 kg CO2e, with Scope 1 emissions at 215,024.8 kg CO2e, Scope 2 at 36,180.6 kg CO2e, and Scope 3 at 34,100.9 kg CO2e. Notably, there is no emissions data available for 2020. Despite the increase in emissions, HOTAI FINANCE CORPORATION has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within a global context where financial institutions are increasingly expected to adopt robust climate action plans and transparency in emissions reporting.
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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.
