Taiwan Cooperative Financial Holding
Taiwan Cooperative Financial Holding Co., Ltd. (TCFHC), headquartered in Taipei, Taiwan, is a prominent player in the financial services industry. Established in 2004, TCFHC has rapidly evolved, becoming a key provider of banking, insurance, and investment services across Taiwan and beyond. The company is renowned for its cooperative banking model, which emphasises community support and sustainable growth. TCFHC offers a diverse range of products, including personal and corporate banking solutions, insurance products, and wealth management services, all designed to meet the unique needs of its clients. With a strong market position, TCFHC has achieved significant milestones, including numerous awards for customer service excellence and innovation in financial products. Its commitment to cooperative principles and community development sets it apart in the competitive financial landscape.
DitchCarbon Score
How does Taiwan Cooperative Financial Holding'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 Financial Holding's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Taiwan Cooperative Financial Holding's reported carbon emissions
In 2023, Taiwan Cooperative Financial Holding (TCFHC) reported total carbon emissions of approximately 27,815,540 kg CO2e, comprising 2,781,540 kg CO2e from Scope 1 and 19,628,740 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions included significant contributions from capital goods (8,269,510 kg CO2e) and employee commute (6,789,370 kg CO2e). Over the years, TCFHC has made notable strides in emissions management. From 2018 to 2023, the company has seen an increase in Scope 1 emissions from 259,300 kg CO2e to 2,781,540 kg CO2e, while Scope 2 emissions rose from 3,843,470 kg CO2e to 19,628,740 kg CO2e. Despite these increases, TCFHC has committed to long-term climate targets, aiming for net-zero emissions across all scopes by 2050, with interim targets aligned with a 1.5°C pathway set for 2030. TCFHC's portfolio targets cover approximately 14% of its total investment and lending by total assets as of 2021, indicating a proactive approach to integrating sustainability into its financial operations. The company is actively working to reduce its carbon footprint and enhance its climate resilience, reflecting a growing commitment to environmental stewardship within the financial sector in Taiwan.
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Add to project| 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 | - | - | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
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 Cooperative Financial Holding 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.
