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Public Profile
Financial Intermediation
TW
updated 2 months ago

HOTAI FINANCE CORPORATION Sustainability Profile

Company website

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.

26

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.

32

Industry Benchmark

HOTAI FINANCE CORPORATION's score of 26 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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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 for 2021 indicated a total of about 285,306 kg CO2e, with Scope 1 emissions at 215,025 kg CO2e, Scope 2 at 36,181 kg CO2e, and Scope 3 at 34,101 kg CO2e. The absence of emissions data for 2020 suggests a lack of transparency in earlier reporting years. HOTAI FINANCE CORPORATION does not currently have any cascaded emissions data from a parent company, and there are no reported initiatives or commitments to reduce carbon emissions. The company’s climate strategy appears to be in its early stages, with no specific targets set under frameworks such as the Science Based Targets initiative (SBTi).

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20212022
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HOTAI FINANCE CORPORATION's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is HOTAI FINANCE CORPORATION's Location?

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. This request for HOTAI FINANCE CORPORATION is in TW, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare HOTAI FINANCE CORPORATION's Emissions with Industry Peers

Fortune Motors Co., Ltd.

TW
•
Motor vehicles, trailers and semi-trailers (34)
Updated 2 months ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Chailease Finance Co., Ltd.

TW
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Ctbc Bank

TW
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

Yulon Finance Corporation

TW
•
Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries
Updated 17 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 3 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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