Taiwan Business Bank Sustainability Profile
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 53 is higher than 73% 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 2024, Taiwan Business Bank reported total carbon emissions of approximately 14,264,218 kg CO2e, with emissions distributed across various scopes: 1,200,639 kg CO2e (Scope 1), 8,672,110 kg CO2e (Scope 2), and 4,391,470 kg CO2e (Scope 3). This represents a slight decrease from 2023, where total emissions were about 14,502,240 kg CO2e, comprising 1,155,201 kg CO2e (Scope 1), 10,428,817 kg CO2e (Scope 2), and 2,918,221 kg CO2e (Scope 3). Taiwan Business Bank has committed to long-term climate targets, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets cover 10% of total investments and lending by total assets as of 2022, with required activities making up 11% of this total. The bank's near-term targets are aligned with the Science Based Targets initiative (SBTi), aiming for significant reductions consistent with limiting global warming to 1.5°C. The bank's emissions data is not cascaded from any parent organization, indicating that all reported figures are independently sourced from Taiwan Business Bank, Ltd.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 154,905.6 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000.0 | 0,000,000.0 |
| Scope 2 | 1,224,194.4 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000.0 | 0,000,000.0 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000.0 | 0,000,000.0 |
How Carbon Intensive is Taiwan Business Bank's Industry?
How Carbon Intensive is Taiwan Business Bank's Location?
Taiwan Business Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Taiwan Business Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
