Yuanta Commercial Bank Co., Ltd., headquartered in Taiwan (TW), is a prominent player in the banking and financial services industry. Established in 1961, the bank has grown significantly, expanding its operations across major regions in Asia, including Taiwan and other key markets. Specialising in a range of financial services, Yuanta offers unique products such as personal banking, corporate finance, and wealth management solutions. The bank is recognised for its innovative approach to digital banking, enhancing customer experience through advanced technology. With a strong market position, Yuanta Commercial Bank has achieved notable milestones, including awards for excellence in customer service and financial performance. Its commitment to providing tailored financial solutions sets it apart in a competitive landscape, making it a trusted choice for individuals and businesses alike.
How does Yuanta Commercial Bank 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.
Yuanta Commercial Bank Co., Ltd's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Yuanta Commercial Bank Co., Ltd. reported total carbon emissions of approximately 8,912,990 kg CO2e, which includes 569,680 kg CO2e from Scope 1 and 8,343,320 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significantly higher, totalling about 727,142,050 kg CO2e from capital goods, alongside other categories such as business travel (98,546,250 kg CO2e) and purchased goods and services (1,349,865,310 kg CO2e). Comparatively, in 2022, the bank's total emissions were about 9,245,390 kg CO2e, with Scope 1 emissions at 547,930 kg CO2e and Scope 2 emissions at 8,697,460 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Yuanta Commercial Bank's emissions data is cascaded from its parent company, Yuanta Financial Holding Co., Ltd., reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges disclosed by the bank, indicating a potential area for future commitment. Overall, while Yuanta Commercial Bank has made strides in reporting its emissions, the absence of defined reduction initiatives suggests an opportunity for enhanced climate action and accountability in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 687,610 | 000,000 | 000,000 | 000,000 |
Scope 2 | 9,816,810 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 0,000,000,000 |
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.
Yuanta Commercial Bank 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.