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 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.
Fubon Financial's score of 83 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Fubon Financial reported total carbon emissions of approximately 40,260,000 kg CO2e for Scope 1, 41,568,000 kg CO2e for Scope 2, and 33,029,000 kg CO2e for Scope 3, resulting in a combined total of about 115,857,000 kg CO2e. This marks a significant reduction from 2023, where emissions were approximately 8,949,000 kg CO2e (Scope 1), 50,091,000 kg CO2e (Scope 2), and 34,312,000 kg CO2e (Scope 3), totalling around 93,352,000 kg CO2e. Fubon Financial has set ambitious climate commitments, aiming for a 42% reduction in emissions by 2030, with specific targets of a 5% reduction in Scope 1 and a 45.5% reduction in Scope 2 emissions. Furthermore, they plan to achieve a 92.3% reduction by 2040, including a complete elimination of Scope 2 emissions. The company has also launched the "Run For Green" initiative, targeting net-zero emissions across all scopes by 2050. In the near term, Fubon aims to reduce Scope 1 and Scope 2 emissions by 16.9% by 2024, using 2020 as a baseline. This includes a 2% reduction in Scope 1 and an 18.2% reduction in Scope 2 emissions. Additionally, they are committed to achieving net-zero emissions for their operations by 2030. Fubon Financial's climate strategy aligns with the Science Based Targets initiative (SBTi), covering 53% of its total investment and lending activities, and is consistent with the reductions required to limit global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 4,315,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 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 | 00,000,000 |
Scope 3 | 731,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
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 participating in some 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.