Taichung Commercial Bank Co
Taichung Commercial Bank Co., Ltd., commonly referred to as Taichung Bank, is a prominent financial institution headquartered in Taichung, Taiwan. Established in 1946, the bank has grown to become a key player in the Taiwanese banking sector, with a strong presence in central and northern Taiwan. Specialising in a range of services, including personal banking, corporate finance, and wealth management, Taichung Bank is recognised for its customer-centric approach and innovative financial solutions. The bank's commitment to digital transformation has positioned it as a leader in the industry, enhancing customer experience and operational efficiency. With a solid market position and a reputation for reliability, Taichung Commercial Bank continues to achieve significant milestones, contributing to the economic development of the regions it serves.
DitchCarbon Score
How does Taichung Commercial Bank Co'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 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.
Industry Benchmark
Taichung Commercial Bank Co's score of 29 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taichung Commercial Bank Co's reported carbon emissions
In 2022, Taichung Commercial Bank Co., headquartered in Taiwan (TW), reported total carbon emissions of approximately 1,894,257 kg CO2e. This figure includes about 224,749 kg CO2e from Scope 1 emissions and around 1,669,508 kg CO2e from Scope 2 emissions. The bank's emissions have decreased from 2,366,648 kg CO2e in 2021, indicating a significant reduction in their carbon footprint. The bank has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. However, it has consistently reported on its Scope 1 and Scope 2 emissions over the past few years, with total emissions in 2021 being approximately 2,366,648 kg CO2e, and in 2020, about 2,009,080 kg CO2e. Despite these reductions, Taichung Commercial Bank Co. has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's emissions data is self-reported and does not cascade from any parent organisation. Overall, while Taichung Commercial Bank Co. has made strides in reducing its emissions, the lack of formal climate commitments or targets suggests an opportunity for further engagement in climate action and sustainability initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 225,059.8 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,677,989.5 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 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.
Taichung Commercial Bank Co is not participating in any 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.
