Public Profile

Ctbc Bank

CTBC Bank Co., Ltd., commonly known as CTBC Bank, is a prominent financial institution headquartered in Taipei, Taiwan (TW). Established in 1966, the bank has grown to become a key player in the banking industry, with significant operations across Asia and the United States. CTBC Bank offers a diverse range of services, including personal banking, corporate banking, and wealth management, distinguished by its commitment to customer-centric solutions and innovative financial products. The bank has achieved notable milestones, such as expanding its international presence and receiving various accolades for its service excellence. With a strong market position, CTBC Bank continues to enhance its reputation as a trusted financial partner, leveraging technology and expertise to meet the evolving needs of its clients.

DitchCarbon Score

How does Ctbc Bank'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.

43

Industry Average

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.

3

Industry Benchmark

Ctbc Bank's score of 43 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Ctbc Bank's reported carbon emissions

In 2023, CTBC Bank reported total carbon emissions of approximately 440,634,000 kg CO2e. This figure includes Scope 1 emissions of about 14,900 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 323,780 kg CO2e from purchased electricity. Additionally, the bank's Scope 3 emissions, which encompass waste generated in operations, were around 4,130 kg CO2e. The combined total for Scope 1 and Scope 2 emissions was about 338,680 kg CO2e. Comparatively, in 2022, CTBC Bank's total emissions were approximately 43,725,000 kg CO2e, with Scope 1 emissions at about 3,223,000 kg CO2e and Scope 2 emissions at approximately 40,502,000 kg CO2e. The bank has disclosed emissions data across all three scopes for 2021 and 2022, indicating a commitment to transparency in its climate impact reporting. Despite the significant emissions figures, CTBC Bank has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. Overall, CTBC Bank's emissions data reflects its operational footprint, while its lack of defined reduction goals highlights an area for potential improvement in addressing climate change.

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2020202120222023
Scope 1
3,596,000
00,000
0,000,000
00,000
Scope 2
38,310,000
000,000
00,000,000
000,000
Scope 3
-
0,000
-
0,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ctbc Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ctbc Bank is in TW, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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.

Ctbc Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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