Yulon Finance Corporation Sustainability Profile
Yulon Finance Corporation, a prominent player in the financial services sector, is headquartered in Taiwan (TW) and operates extensively across the Asia-Pacific region. Established in 2001, the company has made significant strides in providing innovative financial solutions, including leasing, loans, and insurance services tailored to meet diverse client needs. With a strong focus on customer-centric products, Yulon Finance distinguishes itself through its comprehensive service offerings and commitment to financial inclusion. The corporation has achieved notable milestones, solidifying its market position as a trusted financial partner. Yulon Finance continues to evolve, adapting to the dynamic financial landscape while maintaining a reputation for reliability and excellence in service delivery.
DitchCarbon Score
How does Yulon Finance Corporation'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.
Industry Average
Mean score of companies in the Motor Vehicle Retail Services 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.
Industry Benchmark
Yulon Finance Corporation's score of 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yulon Finance Corporation's reported carbon emissions
In 2023, Yulon Finance Corporation reported total carbon emissions of approximately 2,196,317 kg CO2e, with emissions distributed across Scope 1, 2, and 3. Specifically, Scope 1 emissions were about 190,177 kg CO2e, Scope 2 emissions totalled approximately 1,173,579 kg CO2e, and Scope 3 emissions accounted for around 1,962,317 kg CO2e. This data reflects a comprehensive approach to emissions reporting, as all three scopes have been disclosed. Comparatively, in 2022, the corporation's emissions were approximately 1,633,201 kg CO2e for Scope 3, 1,037,378 kg CO2e for Scope 2, and 174,119 kg CO2e for Scope 1, indicating a significant increase in total emissions year-on-year. Yulon Finance Corporation has set ambitious reduction targets, aiming to decrease Scope 1 and Scope 2 greenhouse gas emissions by 10% by 2024 compared to 2022 levels. Additionally, the company plans to reduce these emissions by 5% annually from 2025 to 2027. These targets demonstrate a commitment to improving their carbon footprint and aligning with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Yulon Finance Corporation independently reports its emissions and climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 174,119 | 000,000 |
| Scope 2 | 1,037,378 | 0,000,000 |
| Scope 3 | 1,633,201 | 0,000,000 |
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Yulon Finance Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Yulon Finance Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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