Shanghai Commercial And Savings Bank
Shanghai Commercial and Savings Bank (SCSB), a prominent financial institution headquartered in Taiwan, has been a cornerstone of the banking industry since its establishment in 1915. With a strong presence in major operational regions across Taiwan and beyond, SCSB offers a comprehensive range of services, including personal banking, corporate finance, and wealth management. Renowned for its commitment to customer service and innovative financial solutions, SCSB has achieved significant milestones throughout its history, solidifying its market position as a trusted banking partner. The bank's core products, such as savings accounts, loans, and investment services, are designed to meet the diverse needs of its clientele, setting it apart in a competitive landscape. With a focus on sustainability and community engagement, SCSB continues to uphold its reputation as a leader in the financial sector.
DitchCarbon Score
How does Shanghai Commercial And Savings 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
Shanghai Commercial And Savings Bank's score of 43 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shanghai Commercial And Savings Bank's reported carbon emissions
In 2023, Shanghai Commercial and Savings Bank (SCSB) reported total carbon emissions of approximately 8,392,000 kg CO2e. This figure includes 1,069,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 7,323,000 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions were significant, with investments contributing approximately 2,838,151,000 kg CO2e, alongside other categories such as employee commute and business travel. Over the years, SCSB has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 10,582,000 kg CO2e, with Scope 1 at 702,900 kg CO2e and Scope 2 at 9,878,800 kg CO2e. The bank has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy, which encompasses all scopes of emissions. This commitment was formalised in 2023, aligning with the Science Based Targets initiative (SBTi). SCSB's emissions reduction initiatives are still in the early stages, with no specific short-term reduction targets disclosed. However, the bank's commitment to net-zero emissions reflects a proactive approach to addressing climate change within the financial sector.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 81,600 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 1,590,200 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Shanghai Commercial And Savings Bank is committed to some 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.
