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 39 is higher than 61% 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, headquartered in Taiwan (TW), reported total carbon emissions of approximately 9,316,170 kg CO2e, all of which fall under Scope 3 emissions. This includes 246,600 kg CO2e attributed to business travel. The company has not disclosed any Scope 1 or Scope 2 emissions data for this year. For the global operations in 2023, SinoPac reported a total of 15,082,000 kg CO2e in Scope 1 emissions and 15,401,450 kg CO2e in Scope 2 emissions, alongside the previously mentioned Scope 3 emissions. This indicates a significant carbon footprint across all scopes, with a total of approximately 39,999,620 kg CO2e. SinoPac Financial Holdings has committed to long-term net-zero targets, aiming to cover 11% of its total investment and lending by total assets as of 2021. The company’s targets are aligned with the Science Based Targets initiative (SBTi) and are designed to meet the reductions necessary to limit global warming to 1.5°C. The targets encompass all scopes of emissions and are set to be achieved by 2050, with interim targets for 2030. Overall, SinoPac is actively working towards reducing its carbon emissions and has established a framework for accountability and transparency in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 954,920 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 22,029,810 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 218,710 | 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.