HOTAI FINANCE CORPORATION Sustainability Profile
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 26 is lower than 58% 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 2022, HOTAI FINANCE CORPORATION reported total carbon emissions of approximately 1,239,676 kg CO2e, which included 286,265 kg CO2e from Scope 1, 736,809 kg CO2e from Scope 2, and 216,603 kg CO2e from Scope 3 emissions. The company has not disclosed emissions data for 2023, and no significant reduction targets or climate pledges have been established. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from HOTAI FINANCE CORPORATION. The company has not set any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate commitments, indicating a potential area for future improvement in their sustainability strategy. Overall, while HOTAI FINANCE CORPORATION has reported emissions data for 2022, the absence of reduction initiatives or commitments suggests that further action may be necessary to align with industry standards for climate responsibility.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 215,024.8 | 000,000.0 |
| Scope 2 | 36,180.6 | 000,000.0 |
| Scope 3 | 34,100.9 | 000,000.0 |
How Carbon Intensive is HOTAI FINANCE CORPORATION's Industry?
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HOTAI FINANCE CORPORATION's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
HOTAI FINANCE CORPORATION has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
