O Bank
O Bank, officially known as O Bank Co., Ltd., is a prominent financial institution headquartered in Taiwan (TW). Established in 2016, the bank has rapidly positioned itself within the digital banking sector, focusing on innovative financial solutions tailored for a tech-savvy clientele. With a strong operational presence across major urban centres in Taiwan, O Bank offers a range of services including personal banking, wealth management, and digital payment solutions. What sets O Bank apart is its commitment to leveraging technology to enhance customer experience, providing seamless online banking services that cater to the evolving needs of consumers. The bank has achieved notable milestones, including recognition for its user-friendly mobile app and robust security features. As a leader in the digital banking landscape, O Bank continues to redefine traditional banking practices, making it a key player in Taiwan's financial services industry.
DitchCarbon Score
How does O 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
O Bank's score of 46 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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O Bank's reported carbon emissions
In 2023, O Bank reported total carbon emissions of approximately 3,000,640 kg CO2e, comprising 287,070 kg CO2e from Scope 1, 2,471,590 kg CO2e from Scope 2, and 2,838,580 kg CO2e from Scope 3 emissions. Notably, the bank has set ambitious reduction targets for its emissions. For Scope 1, O Bank aims to reduce emissions by 1.5% from 2022 levels, targeting a reduction to about 267,470 kg CO2e. For Scope 2, the target is a 10.8% reduction, aiming for approximately 2,528,660 kg CO2e. O Bank has also committed to achieving net zero emissions across all scopes by 2050, demonstrating a long-term commitment to sustainability and climate action. This pledge aligns with industry standards and reflects a proactive approach to mitigating climate impact. The bank's emissions data and reduction initiatives underscore its dedication to addressing climate change while maintaining operational efficiency.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,096,000 | 0,000,000 | 000,000.0 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 19,896,000 | 00,000,000 | 0,000,000.0 | 0,000,000.0 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000.0 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
O 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.
