Taiwan Business Bank
Taiwan Business Bank, often referred to as TBB, is a prominent financial institution headquartered in Taipei, Taiwan (TW). Established in 1946, the bank has played a significant role in the Taiwanese banking sector, focusing on commercial banking services, corporate finance, and international trade financing. With a strong presence across major operational regions in Taiwan, TBB has built a reputation for its commitment to supporting small and medium-sized enterprises (SMEs) and fostering economic growth. The bank offers a diverse range of core products and services, including loans, deposits, and investment services, distinguished by their tailored solutions for businesses. TBB's market position is reinforced by its notable achievements in customer service and innovation, making it a trusted partner for clients navigating the complexities of the financial landscape.
DitchCarbon Score
How does Taiwan Business Bank'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
Taiwan Business Bank's score of 35 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taiwan Business Bank's reported carbon emissions
In 2022, Taiwan Business Bank reported total carbon emissions of approximately 1,114,356,730 kg CO2e, with emissions from Scope 1 at about 2,346,210 kg CO2e, Scope 2 at approximately 12,653,550 kg CO2e, and Scope 3 at around 8,390 kg CO2e. This marked a significant increase in emissions compared to previous years, reflecting the bank's expanding operations. The bank has committed to achieving net-zero emissions by 2050, aligning its targets with the Science Based Targets initiative (SBTi). As of 2022, Taiwan Business Bank's portfolio targets cover 10% of its total investment and lending by total assets, with required activities constituting 11% of this total. The bank has set near-term targets for 2030 and 2028, focusing on reducing emissions from its operations (Scopes 1 and 2) in line with the 1.5°C climate goal. Overall, Taiwan Business Bank is actively working towards reducing its carbon footprint while navigating the challenges of increasing emissions associated with its growth.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 153,321.6 | 000,000.0 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,186,988 | 0,000,000.0 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000.0 | 0,000 |
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.
Taiwan Business Bank 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.
