Sinopac Financial Holdings
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the 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
Sinopac Financial Holdings's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sinopac Financial Holdings's reported carbon emissions
In 2023, Sinopac Financial Holdings reported total carbon emissions of approximately 15,082,000 kg CO2e from Scope 1 and Scope 2 sources, alongside significant contributions from Scope 3 emissions, which included 2,461,000 kg CO2e from business travel and other activities. This marked a slight increase in emissions compared to previous years, with total emissions peaking at about 27,409,270 kg CO2e in 2021. The company has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set for 2030. Their portfolio targets currently cover about 11% of total investment and lending by total assets, reflecting a commitment to sustainable finance practices. Notably, required activities constituted 12% of their total investment and lending as of 2021, while optional activities made up 49%. Sinopac's emissions reduction initiatives align with the Science Based Targets initiative (SBTi), ensuring that their strategies are consistent with the global goal of limiting warming to 1.5°C. The company is actively working to enhance its sustainability practices and reduce its carbon footprint in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 |
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.
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.
