- Stricter credit standards resulting in loss of customers.
- Long-term climate change impacts.
- Emissions regulations resulting in decreased investment income and difficulty in debt recovery.
- Investment and financing positions undergoing low-carbon transitions.
- Long-term climate change effects on real estate collateral value.
- Asset damage of financing and investment positions.
- Failure to timely respond to sustainable financial needs.
- Increasingly stringent environmental regulations and policies.
- Negative news regarding environmental pollution affecting reputation.
- Unsatisfactory sustainable performance affecting customer willingness to do business.
Taiwan Business Bank
Greenhouse gas emissions & sustainability report data
In its 2021-2022 reporting, Taiwan Business Bank disclosed greenhouse gas emissions of 12.7K tCO2e/year (2021). By scope: Scope 1: 1.1K tCO2e/year (2021); Scope 2: 9.2K tCO2e/year (2021); Scope 3: 2.3K tCO2e/year (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.
GHG Emissions
12.7K tCO2e/year (2021)
2021-2022
Renewable Energy
0.78% (2021)
of total energy
Water Usage
115.6K m3/year (2021)
2021-2022
Waste
83.3 tons/year (2022, Head Office)
2021-2022
Energy Use
18.4M kWh/year (2021)
2021-2022
📊 Emissions by Scope (2021-2022)
| 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). | 1.1K tCO2e/year (2021) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 9.2K tCO2e/year (2021) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.3K tCO2e/year (2021) |
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 |
|---|---|
| 2021-2022 | 12.7K tCO2e/year (2021) |
| 2019 | 11.0K tCO2e/year (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Became a TCFD Supporter in November 2021 and launched the 2021 TCFD report in 2022, receiving Level 5+ certification by BSI.
- Signed the Equator Principles in 2022 and incorporated them into loan criteria.
- Launched environmentally friendly loan projects, including "Green Energy Sustainable Project Loan" and "Machinery and Equipment Upgrade Loan".
- Increased investment in green bonds or green-related industries/products by 7.3% in 2022 compared to 2021.
- Reduced electricity consumption intensity by 1% from the previous year.
- Reduced waste at the Head Office by 23.8% from 2019 to 2022.
- GHG emissions reduced by 1% from the previous year (target).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption/intensity by 1% from the previous year.
- Reduce GHG emissions by 1% from the previous year.
📅 Medium-term
- Reduce water consumption by 3% from the 2021 base year by 2026.
🌱 ESG Focus Areas
Climate ChangeEnvironmental SustainabilityHuman RightsLabor RelationsFinancial InclusionCorporate GovernanceComplianceData SecuritySupplier Management