Sinopac Financial Holdings, a prominent player in the financial services sector, is headquartered in Taipei, Taiwan (TW). Established in 1992, the company has evolved into a comprehensive financial institution, offering a diverse range of services including banking, securities, and asset management. Sinopac is recognised for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. With a strong presence in Taiwan and expanding operations across Asia, Sinopac Financial Holdings has achieved significant milestones, including strategic partnerships and technological advancements that enhance customer experience. The company’s core offerings, such as wealth management and investment services, are distinguished by their customer-centric approach and commitment to excellence. Sinopac's market position is bolstered by its reputation for reliability and integrity, making it a trusted choice in the competitive financial landscape.
How does Sinopac Financial Holdings'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 Services Auxiliary to 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.
Sinopac Financial Holdings's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sinopac Financial Holdings reported total carbon emissions of approximately 15,082,000 kg CO2e from Scope 1 and Scope 2 sources, alongside an additional 3,468,710 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint as part of their long-term climate strategy, which aims for net-zero emissions by 2050 across all scopes. Over the years, Sinopac has demonstrated a proactive approach to managing its emissions. For instance, in 2022, the company recorded total emissions of about 26,365,100 kg CO2e, with Scope 1 emissions at 1,353,370 kg CO2e and Scope 2 emissions at 17,855,670 kg CO2e. This indicates a gradual reduction in emissions intensity, aligning with their targets set under the Science Based Targets initiative (SBTi). Sinopac's climate commitments include specific targets for their investment and lending portfolio, which cover approximately 11% of total assets as of 2021. The company has set near-term targets consistent with limiting global warming to 1.5°C, with a focus on required activities that constitute 12% of their total investment and lending. Overall, Sinopac Financial Holdings is actively working towards significant emissions reductions and has established a framework to achieve its climate goals, reflecting its commitment to sustainability and responsible financial practices.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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Scope 1 | 955,480 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 21,840,150 | 00,000,000 | 00,000,000 | - | - | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Sinopac Financial Holdings 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.