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 lower 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 17,000,000 kg CO2e, comprising 439,390 kg CO2e from Scope 1, 10,364,140 kg CO2e from Scope 2, and 7,301,030 kg CO2e from Scope 3 emissions. This data reflects a significant increase in emissions compared to previous years, particularly in Scope 2, which is primarily attributed to purchased electricity. In 2021, TWSE's emissions were about 9,526,980 kg CO2e in Taiwan, with Scope 1 emissions at 62,560 kg CO2e and Scope 2 emissions at 9,464,420 kg CO2e. The 2020 figures showed a total of approximately 9,141,340 kg CO2e, with similar Scope 1 and Scope 2 contributions. Notably, the emissions from Scope 1 and 2 have fluctuated over the years, indicating varying operational impacts. Despite these figures, TWSE has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction initiatives suggests a need for enhanced climate action strategies within the organisation. Overall, while TWSE has disclosed comprehensive emissions data, the lack of reduction targets highlights an opportunity for the exchange to strengthen its climate commitments and align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 8,701,000 | 0,000,000 | 00,000 | 00,000 | 000,000 |
| Scope 2 | 8,628,000 | 0,000,000 | 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.
