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 94% 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 15,082,200 kg CO2e from Scope 1 and 15,401,450 kg CO2e from Scope 2, alongside 3,468,710 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their carbon footprint across all scopes of emissions. Over the years, Sinopac has demonstrated a proactive approach to reducing its carbon emissions. In 2020, the company achieved a total of 24,832,990 kg CO2e, which decreased to 26,365,100 kg CO2e in 2022, indicating a focus on improving operational efficiency and reducing emissions intensity. The company has set ambitious long-term targets, committing to net-zero emissions by 2050 across all scopes, as part of its Science Based Targets initiative (SBTi) commitments. Sinopac's near-term targets include a significant focus on reducing emissions from its investment and lending portfolio, which covers approximately 11% of its total assets as of 2021. The company aims to align its operations with the 1.5°C climate goal, ensuring that its emissions reduction strategies are consistent with global climate objectives. Overall, Sinopac Financial Holdings is actively working towards a sustainable future by implementing comprehensive strategies to manage and reduce its carbon emissions, demonstrating leadership in the financial sector's response to climate change.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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.