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 59 is higher than 98% 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, 15,401,450 kg CO2e from Scope 2, and 3,468,710 kg CO2e from Scope 3 emissions. This represents a significant commitment to transparency in their carbon footprint across all scopes of emissions. Sinopac has set ambitious climate targets, pledging to achieve net zero emissions for its own operations by 2030 and for its financed portfolios by 2050. Additionally, the company aims for a 29.4% reduction in Scope 1 and 2 emissions by 2027, using 2021 as the baseline year. They also plan to reduce energy consumption and carbon emissions by 10% by 2030. The company is committed to aligning its targets with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the goals necessary to limit global warming to 1.5°C. As of 2021, their portfolio targets cover 11% of total investments and lending by total assets, indicating a proactive approach to integrating sustainability into their financial operations. Overall, Sinopac Financial Holdings demonstrates a strong commitment to addressing climate change through measurable targets and transparent reporting of their carbon emissions.
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 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.