- Global economic uncertainties including inflationary pressure, higher interest rates, China's economic struggles, and geopolitical tensions
- Climate-related physical risks (e.g., extreme weather events)
- Climate-related transition risks (e.g., regulatory changes, market shifts)
- Supply chain disruptions
CTBC Financial Holding Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CTBC Financial Holding Co., Ltd. disclosed greenhouse gas emissions of 44.2K MTCO2e (Scope 1+2). By scope: Scope 1: 2.9K MTCO2e; Scope 2: 33.6K MTCO2e; Scope 3: 20.2M MTCO2e. 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
44.2K MTCO2e (Scope 1+2)
2023
Water Usage
449.0K m3
2023
Waste
895 MT
2023
📊 Emissions by Scope (2023)
| 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). | 2.9K MTCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 33.6K MTCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 20.2M MTCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 44.2K MTCO2e (Scope 1+2) |
| 2022 | 43.7K tCO2e/year (Scope 1+2) |
| 2020 | 41.9K metric tons CO2e (Scope 1 & 2) |
| 2019 | 58.9K metric tons of CO2e (Scopes 1 & 2) |
| 2011 | 12.3K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Received SBTi approval of emissions reduction goals, becoming the financial institution in Taiwan with the most overseas branches with SBTi-approved targets
- CTBC Financial Park attained the highest-possible LEED O+M v4.1 Platinum certification and EEWH Diamond Certification
- Green electricity purchased reached 9.6 million kWh
- Green procurement exceeded NT$1.59 billion, accounting for 7.93% of all procurement spending
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 emissions by 18% from 2021 baseline by 2025
- Purchase 39.2 million kWh of renewable energy by 2025
- 100% renewable energy at CTBC Financial Park by 2025
📅 Medium-term
- Reduce Scope 1 and 2 emissions by 40.5% from 2021 baseline by 2030
- Net-zero emissions at office locations by 2030
- Guide 1,000 companies towards net-zero by 2030
🔭 Long-term
- Net-zero emissions by 2050
- Full exit from financing for thermal coal extraction and power generation by 2035
- Full exit from investments in coal extraction by 2035
🌱 ESG Focus Areas
Responsible OperationsSustainable GrowthA Connected Society