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.
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.
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.
Taiwan Business Bank's score of 13 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Taiwan Business Bank reported total carbon emissions of approximately 1,114,356,730 kg CO2e, with significant contributions from Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions were about 2,346,210 kg CO2e, while Scope 2 emissions accounted for approximately 12,653,550 kg CO2e. The bank has set ambitious climate commitments, including a long-term target to achieve net-zero emissions across all scopes by 2050. This commitment includes portfolio targets that cover 10% of its total investment and lending by total assets as of 2022. In previous years, emissions were also substantial, with 2021 emissions reaching approximately 1,026,092,900 kg CO2e, and 2020 emissions at about 1,007,842,340 kg CO2e. The bank's near-term targets are aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. Taiwan Business Bank's proactive approach to climate action reflects its commitment to sustainability and responsible banking practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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 committed to some reduction initiatives 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.