Taiwan Cooperative Bank, Ltd. Sustainability Profile
Taiwan Cooperative Bank, Ltd. (TCB) is a prominent financial institution headquartered in Taipei, Taiwan. Established in 1946, TCB has played a pivotal role in the banking sector, primarily serving the needs of local communities and cooperatives across Taiwan. The bank operates extensively throughout the island, focusing on retail banking, corporate finance, and agricultural loans. TCB offers a diverse range of core products and services, including savings accounts, personal loans, and investment services, distinguished by their commitment to customer-centric solutions and community development. With a strong market position, TCB has achieved notable milestones, including recognition for its sustainable banking practices and contributions to local economic growth. As a trusted partner in Taiwan's financial landscape, Taiwan Cooperative Bank continues to uphold its mission of fostering cooperative values and supporting the financial well-being of its customers.
DitchCarbon Score
How does Taiwan Cooperative Bank, Ltd.'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 Cooperative Bank, Ltd.'s score of 40 is higher than 61% 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 Cooperative Bank, Ltd., headquartered in Taiwan (TW), currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Taiwan Cooperative Financial Holding Co., Ltd., any emissions data or climate commitments would be inherited from this parent organisation. Taiwan Cooperative Financial Holding Co., Ltd. has established various climate initiatives, although specific reduction targets or achievements for Taiwan Cooperative Bank, Ltd. are not detailed. The bank is part of a broader commitment to sustainability and may align with industry standards through initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from its parent company. While no specific emissions figures or reduction targets are provided, Taiwan Cooperative Bank, Ltd. is positioned within a corporate family that is likely engaged in ongoing efforts to address climate change and reduce carbon footprints in line with global standards.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 259,300 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,843,470 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000 |
How Carbon Intensive is Taiwan Cooperative Bank, Ltd.'s Industry?
How Carbon Intensive is Taiwan Cooperative Bank, Ltd.'s Location?
Taiwan Cooperative Bank, Ltd.'s Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 49% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 39% of Scope 3 emissions.
Top Scope 3 Categories
Taiwan Cooperative Bank, Ltd.'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 Cooperative Bank, Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
