Hua Nan Commercial Bank

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Hua Nan Commercial Bank disclosed greenhouse gas emissions of 18.4K 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.

πŸ’¨
GHG Emissions
18.4K tCO2e/year
2023

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Reduce Scope 1 and 2 emissions by 8% by 2024 compared to 2021.
  • Increase green lending by 2% by the end of 2023 compared to the end of 2022.

πŸ“… Medium-term

  • Achieve a 40% reduction in carbon emissions by 2030.
  • Increase green lending by 3% annually from 2024 onwards.

πŸ”­ Long-term

  • Achieve net-zero emissions by 2050.

🌱 ESG Focus Areas

Green FinanceSustainable DevelopmentSocial ResponsibilityCorporate GovernanceClimate Risk ManagementEmployee Wellbeing

⚠️ Challenges & Risks +

  • Intense competition in the banking industry.
  • Pressure from digital banks and fintech companies.
  • Need to attract younger customers.
  • High turnover rate of wealth management personnel.
  • Shortage of IT, big data, and digital finance professionals.
  • Climate change risks and opportunities.

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD, SASB
Assurance: Deloitte & Touche