The Taiwan Stock Exchange (TWSE), headquartered in Taipei, Taiwan, serves as a pivotal financial hub in Asia. Established in 1961, it has evolved into a key player in the global capital markets, facilitating the trading of stocks, bonds, and other securities. The exchange primarily caters to the Taiwanese market but also attracts international investors, enhancing its operational reach. TWSE is renowned for its robust regulatory framework and advanced trading technology, which ensure transparency and efficiency. With a diverse range of listed companies, it offers unique investment opportunities across various sectors, including technology, manufacturing, and finance. Notable achievements include its role in the growth of Taiwan's semiconductor industry, positioning it as a leading exchange in the Asia-Pacific region.
How does Taiwan Stock Exchange'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 Services Auxiliary to 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 Stock Exchange's score of 27 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, the Taiwan Stock Exchange (TWSE) reported total carbon emissions of approximately 17,000,560 kg CO2e. This figure includes 439,390 kg CO2e from Scope 1 emissions, 10,364,140 kg CO2e from Scope 2 emissions, and 7,301,030 kg CO2e from Scope 3 emissions. Comparatively, in 2021, TWSE's emissions were significantly lower, with Scope 1 emissions at 62,560 kg CO2e and Scope 2 emissions at 9,464,420 kg CO2e. The data for Scope 3 emissions was not disclosed for that year. The trend shows a substantial increase in emissions from 2021 to 2022, particularly in Scope 2 emissions, which may indicate a growing operational footprint or changes in energy consumption patterns. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from TWSE, suggesting a potential area for improvement in their climate strategy. The exchange has not yet committed to any science-based targets or specific reduction initiatives, which are critical for aligning with global climate goals. Overall, while TWSE has made strides in emissions reporting, the lack of reduction commitments highlights the need for a more robust climate action plan moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 9,720,450 | 00,000 | 00,000 | 000,000 |
Scope 2 | 60,590 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 3 | - | - | - | 0,000,000 |
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 Stock Exchange 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.