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.
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.
Industry Benchmark
Ctbc Bank's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 14,900 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 323,780 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, the bank's Scope 3 emissions, which encompass waste generated in operations, amounted to 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 emissions were significantly lower, with a total of approximately 43,725,000 kg CO2e, comprising 3,223,000 kg CO2e from Scope 1 and 40,502,000 kg CO2e from Scope 2 emissions. The bank has disclosed emissions data across all three scopes (1, 2, and 3) for 2021, where total emissions were about 373,010 kg CO2e. Despite these 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 impact, while its climate commitments remain vague, indicating potential areas for improvement in environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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
Location emissions intensity
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.
