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 85% 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 (TBB) reported total carbon emissions of approximately 1,114,356,730 kg CO2e in Taiwan. This figure includes emissions from all scopes, with specific breakdowns available for global operations: 1,173,590 kg CO2e from Scope 1, 11,050,770 kg CO2e from Scope 2, and 2,592,090 kg CO2e from Scope 3 emissions. The bank has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). TBB's climate commitments include portfolio targets that cover 10% of its total investment and lending by total assets as of 2022. As of that year, required activities constituted 11% of this total, while optional activities made up 58%, and out-of-scope activities accounted for 31%. The bank has set near-term targets consistent with limiting global warming to 1.5°C, with specific milestones aimed for 2028 and 2030. Overall, Taiwan Business Bank is actively working towards significant reductions in its carbon footprint, demonstrating a commitment to sustainability and climate action within the financial sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 154,905.6 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,224,194.4 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
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.
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.
