Kings Town Bank
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.
DitchCarbon Score
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.
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
Kings Town Bank's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kings Town Bank's reported carbon emissions
In 2023, Kings Town Bank reported total carbon emissions of approximately 2,125,000 kg CO2e, comprising 304,000 kg CO2e from Scope 1, 1,892,000 kg CO2e from Scope 2, and 3,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, although no specific reduction targets or initiatives have been disclosed. In 2022, the bank's emissions were about 2,310,000 kg CO2e, with Scope 1 emissions at 306,000 kg CO2e, Scope 2 at 2,000,000 kg CO2e, and Scope 3 at 4,000 kg CO2e. The previous year, 2021, saw total emissions of approximately 422,000 kg CO2e, with Scope 1 at 96,000 kg CO2e, Scope 2 at 2,027,000 kg CO2e, and Scope 3 at 17,000 kg CO2e. Kings Town Bank's emissions data indicates a focus on Scope 1 and 2 emissions, which are typically associated with direct operations and energy consumption. However, the absence of defined reduction targets suggests that while the bank is monitoring its emissions, it may need to enhance its climate commitments to align with industry standards and expectations.
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| 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 |
Industry emissions intensity
Location emissions intensity
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.
Kings Town Bank is not committed to any reduction initiatives 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.
