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Kings Town Bank, also known as KTB, is a prominent financial institution headquartered in Taiwan (TW). Established in 1992, the bank has steadily expanded its operations across major regions in Taiwan, offering a comprehensive range of banking services. Specialising in retail banking, corporate finance, and wealth management, Kings Town Bank distinguishes itself through innovative financial solutions tailored to meet diverse customer needs. With a commitment to customer service and technological advancement, KTB has achieved significant milestones, including the introduction of digital banking platforms that enhance user experience. As a key player in the Taiwanese banking sector, Kings Town Bank is recognised for its strong market position and dedication to sustainable growth, making it a trusted choice for individuals and businesses alike.
How does Kings Town 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.
Kings Town Bank's score of 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kings Town Bank reported total carbon emissions of approximately 2,199,000 kg CO2e. This figure includes 304,000 kg CO2e from Scope 1 emissions, 1,892,000 kg CO2e from Scope 2 emissions, and 3,000 kg CO2e from Scope 3 emissions. The total emissions for 2022 were about 2,310,000 kg CO2e, indicating a reduction of approximately 111,000 kg CO2e year-on-year. The bank's emissions data reflects a commitment to transparency, with disclosures covering all three scopes of emissions. Notably, Scope 1 and 2 emissions combined accounted for about 2,196,000 kg CO2e in 2023, down from 2,306,000 kg CO2e in 2022. Despite these reductions, Kings Town Bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction commitments suggests a need for further action in aligning with industry standards for climate accountability. Overall, Kings Town Bank's emissions data demonstrates a proactive approach to monitoring carbon output, although the lack of defined reduction strategies may limit its potential impact on climate change mitigation.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 29,000 | 00,000 | 000,000 | 000,000 |
Scope 2 | 2,315,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 00,000 | 0,000 | 0,000 |
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.
Kings Town 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.