Union Bank of Taiwan Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Union Bank of Taiwan Co., Ltd. disclosed greenhouse gas emissions of 4.3K tCO2e/year (2023). By scope: Scope 3: 777.6K tCO2e/year (2023). 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
4.3K tCO2e/year (2023)
2023
💧
Water Usage
72.4K m3/year (2023)
2023
⚙️
Energy Use
9.0M KWh/year (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).777.6K tCO2e/year (2023)

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
20234.3K tCO2e/year (2023)
20224.3K tCO2e/year (indirect)
20214.8K 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 carbon emissions by 6% annually (2024)
  • Reduce water consumption by 1% annually (2024)
  • Increase green procurement to at least NT$30 million annually (2024)
  • Complete greenhouse gas inventory of UBOT subsidiaries (2024)

📅 Medium-term

  • Reduce carbon emissions by 42% by 2030 (2023 as base year)
  • Achieve 15% reduction in electricity consumption by 2035 (2020 as base year)
  • Achieve 8% reduction in water consumption by 2035 (2023 as base year)
  • Achieve 40% reduction in fuel consumption in company vehicles by 2035 (2023 as base year)
  • Equip parking lots with electric vehicle systems (2023 onward)

🔭 Long-term

  • Achieve net-zero emissions by 2050

🌱 ESG Focus Areas

Environmental SustainabilitySocial WelfareCorporate GovernanceCustomer CareEmployee Care

⚠️ Challenges & Risks +

  • Climate change risks (physical and transition risks)
  • Supply chain disruptions
  • Fraudulent activities
  • Maintaining customer privacy and data security

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), SASB standards, UN SDGs, TCFD
Assurance: SGS