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Financial Intermediation
TW
updated 6 months ago

Hua Nan Commercial Bank

Company website

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.

39

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.

28

Industry Benchmark

Hua Nan Commercial Bank's score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Hua Nan Commercial Bank's reported carbon emissions

Inherited from Hua Nan Financial Holdings Co., Ltd.

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hua Nan Commercial Bank'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. This request for Hua Nan Commercial Bank is 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.

Hua Nan Commercial Bank 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.

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

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