Yuanta Commercial Bank Co., Ltd

Yuanta Commercial Bank Co., Ltd's reported carbon emissions

Yuanta Commercial Bank Co., Ltd., headquartered in TW and operating in financial intermediation services, except insurance and pension funding services (65), has reported Scope 1 and Scope 2 emissions for the years 2020 through 2024. For the most recent reporting year, 2024, Yuanta Commercial Bank reported approximately 489,200 kg CO2e of Scope 1 emissions and approximately 8,416,920 kg CO2e of Scope 2 emissions. This marks a decrease in Scope 1 emissions compared to the previous year. In 2023, the bank's emissions were approximately 569,680 kg CO2e for Scope 1 and approximately 8,343,310 kg CO2e for Scope 2. Scope 1 and Scope 2 emissions for prior years include: * **2022:** Approximately 547,930 kg CO2e (Scope 1) and approximately 8,697,460 kg CO2e (Scope 2). * **2021:** Approximately 709,300 kg CO2e (Scope 1) and approximately 9,314,920 kg CO2e (Scope 2). * **2020:** Approximately 687,610 kg CO2e (Scope 1) and approximately 9,816,810 kg CO2e (Scope 2). The provided data indicates that Scope 3 emissions data, specifically for purchased goods and services, is not yet available for these reporting years. Yuanta Commercial Bank's climate commitments are cascaded from its ultimate parent, Yuanta Financial Holding Co., Ltd., at cascade level 1. While specific reduction targets or achievements are not detailed in the provided reduction initiatives data, the reporting of Scope 1 and Scope 2 emissions signifies an ongoing effort towards climate disclosure within the financial sector. The bank's reporting is aligned with TCFD recommendations, as evidenced by the inclusion of TCFD report links in its documentation.