Taiwan Financial Holding Co., Ltd. (TWFH) is a prominent player in the financial services industry, headquartered in Taipei, Taiwan. Established in 2002, the company has rapidly expanded its operations across major regions in Asia, offering a diverse range of financial products and services. TWFH is primarily engaged in banking, insurance, and investment services, distinguishing itself through innovative solutions tailored to meet the evolving needs of its clients. With a commitment to excellence, Taiwan Financial Holding has achieved significant milestones, including strategic partnerships and a robust market presence. Its core offerings, which include retail banking, wealth management, and insurance products, are designed to provide comprehensive financial support. Recognised for its customer-centric approach, TWFH continues to solidify its position as a leading financial institution in the region, dedicated to fostering economic growth and stability.
How does Taiwan Financial Holding Co., 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.
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.
Taiwan Financial Holding Co., Ltd.'s score of 27 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Taiwan Financial Holding Co., Ltd. reported total carbon emissions of approximately 27,206,600 kg CO2e. This figure includes Scope 1 emissions of about 2,720,600 kg CO2e and Scope 2 emissions of approximately 23,339,480 kg CO2e. Additionally, the company disclosed significant Scope 3 emissions, with notable contributions from employee commuting (about 12,750,000 kg CO2e) and capital goods (approximately 8,728,890 kg CO2e). Comparatively, in 2021, the company recorded Scope 1 emissions of about 2,574,550 kg CO2e and Scope 2 emissions of approximately 25,163,330 kg CO2e. The 2020 data shows Scope 1 emissions at around 543,510 kg CO2e and Scope 2 emissions of about 9,141,440 kg CO2e. Despite these emissions figures, Taiwan Financial Holding Co., Ltd. has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent or related organization. Overall, Taiwan Financial Holding Co., Ltd. is positioned within a growing industry context that increasingly prioritises climate commitments, yet it currently lacks formalised reduction strategies.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 543,510 | 0,000,000 | 0,000,000 |
Scope 2 | 9,141,440 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 00,000,000 |
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 Financial Holding Co., Ltd. is not participating in any 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.