KGI Bank Sustainability Profile
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.
DitchCarbon Score
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.
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
KGI Bank's score of 30 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KGI Bank's reported carbon emissions
In 2024, KGI Bank, headquartered in Taiwan (TW), reported total carbon emissions of approximately 2,084,450 kg CO2e for Scope 1, 5,130,100 kg CO2e for Scope 2, and 1,842,200 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. Comparatively, in 2023, KGI Bank's emissions were approximately 238,290 kg CO2e for Scope 1, 5,759,060 kg CO2e for Scope 2, and 2,210,350 kg CO2e for Scope 3. This indicates a slight reduction in Scope 1 emissions, while Scope 2 and Scope 3 emissions have shown variability. KGI Bank's emissions data is cascaded from its parent company, KGI Financial Holding Co., Ltd., which oversees the bank's sustainability initiatives. However, there are currently no specific reduction targets or climate pledges disclosed by KGI Bank, nor are there any initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. Overall, KGI Bank's commitment to transparency in emissions reporting is evident, although further details on reduction strategies and targets would enhance its climate commitment profile.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
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KGI 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.
KGI 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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