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 44 is higher than 68% 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 15,082,200 kg CO2e from Scope 1 and Scope 2 sources, alongside about 3,468,710 kg CO2e from Scope 3 emissions. The breakdown of Scope 3 emissions includes significant contributions from purchased goods and services (approximately 1,101,850 kg CO2e), fuel and energy-related activities (about 3,026,790 kg CO2e), and downstream transportation and distribution (approximately 2,151,820 kg CO2e). Sinopac has set ambitious climate commitments, including a net-zero target that encompasses all scopes of emissions. Their portfolio targets cover about 11% of total investment and lending by total assets as of 2021. The company is committed to aligning its operations with the Science Based Targets initiative (SBTi) standards, aiming for reductions consistent with limiting global warming to 1.5°C. The near-term targets are set for 2030, with a long-term vision extending to 2050. Over the past few years, Sinopac has demonstrated a commitment to reducing its carbon footprint, with emissions from Scope 1 and 2 decreasing from approximately 18,724,990 kg CO2e in 2020 to about 15,082,200 kg CO2e in 2023. This reflects a proactive approach to sustainability within the financial sector, aligning with global climate goals.
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 | 00,000,000 |
Scope 3 | 218,710 | 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 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.