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 59% 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, with a global total of about 17,475,880 kg CO2e. The emissions data for 2023 is not disclosed, but TBB's commitment to climate action is evident through its participation in the Science Based Targets initiative (SBTi). TBB has set long-term net-zero targets covering all scopes of emissions, aiming to address 10% of its total investment and lending by total assets by 2050. As of 2022, required activities accounted for 11% of this total, with optional activities at 58% and out-of-scope activities at 31%. The bank's emissions profile includes Scope 1 emissions of approximately 1,173,590 kg CO2e and Scope 2 emissions of about 11,050,770 kg CO2e, alongside Scope 3 emissions of approximately 2,592,090 kg CO2e, which includes business travel and the use of sold products. TBB's near-term targets are aligned with a 1.5°C pathway, with specific goals set for 2028. TBB's climate commitments reflect a proactive approach to sustainability, aiming to reduce its carbon footprint while supporting the transition to a low-carbon economy.
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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.
