Hua Nan Commercial Bank Sustainability Profile
Hua Nan Commercial Bank, also known as HNCB, is a prominent financial institution headquartered in Taipei, Taiwan (TW). Established in 1919, the bank has a rich history and has evolved into a key player in the banking sector, primarily serving the Taiwanese market and expanding its operations across Asia. Specialising in a range of financial services, Hua Nan Commercial Bank offers personal banking, corporate banking, and wealth management solutions. Its unique approach combines traditional banking values with innovative financial products, catering to diverse customer needs. The bank is recognised for its strong market position, consistently ranking among the top commercial banks in Taiwan, and has achieved significant milestones in digital banking transformation. With a commitment to customer service and financial stability, Hua Nan Commercial Bank continues to play a vital role in the economic landscape of Taiwan and beyond.
DitchCarbon Score
How does Hua Nan Commercial Bank'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
Hua Nan Commercial Bank's score of 39 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hua Nan Commercial Bank, headquartered in Taiwan (TW), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are inherited from its parent company, Hua Nan Financial Holdings Co., Ltd., which operates at a cascade level of 1. While there are no documented reduction targets or specific climate pledges available for Hua Nan Commercial Bank, it is important to note that the bank is part of a broader corporate family that may have established sustainability initiatives. The lack of direct emissions data suggests that the bank is still in the process of developing its own comprehensive climate strategy. As a current subsidiary, Hua Nan Commercial Bank's climate actions may align with the overarching goals set by Hua Nan Financial Holdings Co., Ltd., which could include participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific details regarding these initiatives or any measurable targets have not been disclosed. In summary, while Hua Nan Commercial Bank has not provided specific emissions data or reduction targets, it is positioned within a corporate structure that may influence its future climate commitments and sustainability efforts.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,333,850 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,361,390 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Hua Nan Commercial Bank's Industry?
How Carbon Intensive is Hua Nan Commercial Bank's Location?
Hua Nan Commercial Bank's Scope 3 Categories Breakdown
Hua Nan Commercial Bank's Scope 3 emissions, which increased by 16% last year and increased by approximately 69% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 23% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 75% of Scope 3 emissions.
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Hua Nan Commercial Bank'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.
Hua Nan Commercial Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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