Shin Kong Financial Holding Company (SKFH)

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023, 2022, 2021

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.

βš™οΈ
Energy Use
940.95 MWh/year (green electricity procurement) + 12.520 MWh/year (self-generated)
2023

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
202231.5K tCO2e/year (Scope 1 & 2)
202130.2K tCO2e/year

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

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Growth rate of sustainable lending amount: 50% (NT$17.19 billion)
  • Solar power plant project lending balance: NT$4 billion
  • Five-year CAGR for securities investment that meets the PRI: 3%
  • Growth rate of investment amount in green energy-related businesses: 400%
  • Scope 1 and Scope 2 carbon emissions reduced by 8.4% compared to 2022.

πŸ“… Medium-term

  • By 2030, Scope 1 and Scope 2 carbon emissions to decrease by 42% compared to 2022 (SBTs).
  • By 2030, Scope 3 carbon emissions decrease by 42% compared to 2022, with a specific reduction of 20% in emissions from fuel and energy-related activities.
  • Headquarters and main Office locations to achieve net zero by 2030.
  • Percentage of listed stocks and bonds achieving SBTs reaches 50.3% by 2027.
  • Percentage of fossil fuel, service/commercial building, and other long-term loans achieving SBTs reaches 31.6% by 2027.

πŸ”­ Long-term

  • Phase out all investment and lending exposure to global thermal coal-related industries by 2030.
  • Phase out all investment and lending exposure to global unconventional oil and gas-related industries by 2040.

🌱 ESG Focus Areas

Climate ChangeSustainable FinanceFinancial InclusionDiversity, Equality, and InclusionGovernance

⚠️ Challenges & Risks +

  • Total water consumption increased by 9% compared to the base year (2022).
  • 3 cases of sexual harassment and 2 cases of workplace violence.

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: UN Sustainable Development Goals (SDGs), Principles for Responsible Investment (PRI), Principles for Responsible Banking (PRB), Principles for Sustainable Insurance (PSI), Equator Principles (EPs), Taskforce on Nature-related Financial Disclosures (TNFD)