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 36 is higher than 57% 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 11,091,160 kg CO2e, comprising 918,200 kg CO2e from Scope 1 and 10,791,960 kg CO2e from Scope 2 emissions. This marks a notable increase in emissions compared to 2022, when total emissions were about 12,739,340 kg CO2e, with Scope 1 emissions at 826,430 kg CO2e and Scope 2 emissions at 12,739,340 kg CO2e. Sinopac's emissions data for 2022 also includes Scope 3 emissions, which totalled approximately 7,156,060 kg CO2e, bringing the overall emissions for that year to about 26,365,100 kg CO2e. The company has not disclosed Scope 3 emissions for 2023. Sinopac Financial Holdings has committed to long-term net-zero targets, with a focus on covering 11% of its total investment and lending by total assets as of 2021. The company is aligned with the Science Based Targets initiative (SBTi) and aims to meet its near-term targets by 2030, with a commitment to reducing emissions in line with the 1.5°C climate goal. The targets encompass all scopes of emissions, although specific reduction percentages have not been detailed. Overall, Sinopac Financial Holdings is actively working towards enhancing its climate commitments and reducing its carbon footprint, reflecting a growing awareness of the importance of sustainability in the financial sector.
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 | 000,000 | 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 | - | - |
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 participating in some 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.
