Cathay Financial Holdings

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020, 2016, 2015, 2013

In its 2023 reporting, Cathay Financial Holdings disclosed greenhouse gas emissions of 10.6 million tCO2e (investment and lending portfolio). 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
10.6 million tCO2e (investment and lending portfolio)
2023
⚡
Renewable Energy
16.5% (Taiwan)
of total energy
💧
Water Usage
14.6 m3 per capita
2023
♻️
Waste
27.9 kg per capita
2023

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202310.6 million tCO2e (investment and lending portfolio)
202054.8K tCO2e/year
201657.4K tCO2e/year
201519.5K metric tons CO2e
201312.8K metric tons CO2e

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

  • Increase renewable energy use to 22.7% in Taiwan.
  • Reduce GHG emission intensity in various sectors.
  • Reach 1.2 million participants in health promotion projects.
  • Extend full health insurance coverage to 95,000 new policyholders.
  • Achieve 50% healthy BMI among employees.

📅 Medium-term

  • Achieve net-zero emissions in financial assets by 2050.
  • Reduce GHG emission intensity further in various sectors.
  • Reach 1.6 million participants in health promotion projects.
  • Achieve 80% employee well-being.
  • Empower over 99,800 rural students.

🔭 Long-term

  • 100% renewable energy use at Taiwan business locations, 60% globally by 2030.
  • Achieve further GHG emission reductions.
  • Reach 2.4 million participants in health promotion projects.
  • Obtain ISO 45001 certifications across all subsidiaries.
  • Empower over 200,000 rural students.

🌱 ESG Focus Areas

ClimateHealthEmpowerment

⚠️ Challenges & Risks +

  • Inflation, interest rate hikes, geopolitical tensions, global economic slowdown.
  • Regulation and application of generative AI.
  • Taiwan's demographic shift towards a super-aged society.
  • Climate change.
  • Cybersecurity threats.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UNGC, ISO 26000