- Increased operating costs due to stricter government policies related to climate change.
- Potential for reduced profitability of investee companies due to stricter climate-related policies.
- Operational losses due to extreme weather events.
- Reputational damage due to association with high-pollution industries.
Kaohsiung Bank
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Kaohsiung Bank disclosed greenhouse gas emissions of 2.6K tCO2e/year. By scope: Scope 1: 239.91 tCO2e/year; Scope 2: 2.3K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
2.6K tCO2e/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 239.91 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.3K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced electricity consumption by 2.36% and oil consumption by 12.7% in 2022 compared to the previous year.
- Completed GHG inventory for all branches in 2022 (scopes 1 & 2).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions by 1% annually.
📅 Medium-term
- Complete third-party verification of GHG inventory by 2024.
- Increase renewable energy financing approval amount to NT$180 billion in 2023.
🔭 Long-term
- Shift branch electricity supply to renewable energy, purchase renewable energy certificates, and establish low/zero-carbon emission pilot branches.
🌱 ESG Focus Areas
Climate Change