KGI Bank, officially known as KGI Bank Co., Ltd., is a prominent financial institution headquartered in Taipei, Taiwan (TW). Established in 1992, the bank has grown to become a key player in the banking industry, offering a diverse range of services including retail banking, corporate banking, and wealth management. KGI Bank is renowned for its innovative financial products, such as tailored investment solutions and comprehensive loan services, which cater to both individual and corporate clients. With a strong emphasis on customer service and technological advancement, the bank has positioned itself as a leader in the Taiwanese market. Notable achievements include its consistent ranking among the top banks in Taiwan, reflecting its commitment to excellence and customer satisfaction. KGI Bank continues to expand its operational footprint across Asia, reinforcing its status as a trusted financial partner.
How does KGI 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.
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.
KGI Bank's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, KGI Bank reported total carbon emissions of approximately 6,642,593 kg CO2e, which fall under Scope 1 and 2 emissions. This figure represents a notable increase from 5,439,430 kg CO2e in 2021 and 7,645,543 kg CO2e in 2020. The bank's revenue for 2022 was about USD 438 million, indicating a carbon emissions intensity of approximately 15.1 kg CO2e per million USD of revenue. As of 2023, KGI Bank has not disclosed specific emissions data, but it continues to operate under the climate commitments and initiatives of its parent company, KGI Financial Holding Co., Ltd. This includes adherence to various climate-related frameworks, although no specific reduction targets or climate pledges have been outlined for KGI Bank itself. KGI Bank's emissions data is cascaded from its parent company, KGI Financial Holding Co., Ltd., which is responsible for the overarching climate strategy and reporting. The bank's commitment to sustainability is reflected in its alignment with industry standards, although specific reduction initiatives or targets have not been detailed in the available reports.
Access structured emissions data, company-specific emission factors, and source documents
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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.
KGI 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.