Fubon Financial Holding Co., Ltd., commonly known as Fubon Financial, is a leading financial services provider headquartered in Taipei, Taiwan (TW). Established in 2001, the company has rapidly expanded its operations across Asia, particularly in Taiwan and China, solidifying its position in the financial industry. Fubon Financial operates primarily in banking, insurance, and asset management, offering a diverse range of core products and services that cater to both individual and corporate clients. Its unique approach combines innovative financial solutions with a strong commitment to customer service, setting it apart in a competitive market. With a robust market presence, Fubon Financial has achieved notable milestones, including recognition for its financial stability and customer satisfaction. The company continues to enhance its reputation as a trusted partner in the financial sector, driving growth and innovation in the industry.
How does Fubon Financial'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 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.
Fubon Financial's score of 42 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fubon Financial reported total carbon emissions of approximately 342,469,000 kg CO2e, with emissions distributed across various scopes: 8,808,000 kg CO2e from Scope 1, 48,423,000 kg CO2e from Scope 2, and 342,469,000 kg CO2e from Scope 3. This represents a significant increase in emissions compared to previous years, particularly in Scope 3, which includes emissions from capital goods and employee commuting. Fubon Financial has set ambitious climate commitments, including a long-term net-zero target by 2050, covering 53% of its total investment and lending activities by monetary value as of 2019. The company has also established near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. These targets encompass emissions from both company operations (Scopes 1 and 2) and broader portfolio activities. Overall, Fubon Financial's emissions data and climate commitments reflect a proactive approach to addressing climate change, although the recent increase in emissions highlights the ongoing challenges in achieving sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 4,315,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 47,406,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 731,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Fubon Financial is committed to some reduction initiatives 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.