Taishin Financial Holding Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Taishin Financial Holding Co., Ltd. disclosed greenhouse gas emissions of 17.9K tCO2e/year (Scope 1+2 Market-based). By scope: Scope 1: 1.5K tCO2e/year; Scope 2: 16.5K tCO2e/year; Scope 3: 4.4M tCO2e/year (Investment and Financing). 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
17.9K tCO2e/year (Scope 1+2 Market-based)
2023
⚡
Renewable Energy
26% (target by 2025)
of total energy
⚙️
Energy Use
42.1M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.16.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).4.4M tCO2e/year (Investment and Financing)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202317.9K tCO2e/year (Scope 1+2 Market-based)
202119.9K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 10% by 2025 (implied)
  • Complete replacement of old air conditioning units by 2025
  • Achieve 26% renewable energy usage by 2025
  • No new investments or financing in coal-fired power plants by 2025
  • Complete withdrawal from tar sands, Arctic region oil and gas extraction financing and investments, and ultra-deep-water extraction investments by 2025

📅 Medium-term

  • Phased completion of green building label certification for all owned buildings by 2030
  • Achieve 46% renewable energy usage by 2030
  • Complete elimination of investments and financing in coal-related industries by 2030

🔭 Long-term

  • Achieve net-zero emissions groupwide by 2050 (Following the SBT 1.5° C standard)
  • Complete elimination of investments and financing related to unconventional oil and gas industries by 2040

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Costs of low-carbon transition
  • Energy resource price fluctuation risk
  • Increased climate/environment-related regulations
  • Decline in brand reputation
  • Increase in natural disasters and their severity
  • Climate information disclosure requirements
  • Low-carbon procurement
  • Change in customer preferences
  • Global average temperature rise
  • Sea level rise

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD, IFRS S2
Assurance: British Standards Institution Taiwan Branch (BSI Taiwan)