- Climate change risks, including transition risks (e.g., carbon tax) and physical risks (e.g., flooding)
- Maintaining asset quality while pursuing business growth
Far Eastern International Bank Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Far Eastern International Bank Co., Ltd. disclosed greenhouse gas emissions of 5.5K tCO2e (Scope 1 & 2) + 9135015.43 tCO2e (Scope 3). By scope: Scope 1: 306.88 tCO2e/year; Scope 2: 5.2K tCO2e/year; Scope 3: 9.1M 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.
GHG Emissions
5.5K tCO2e (Scope 1 & 2) + 9135015.43 tCO2e (Scope 3)
2023
Water Usage
65.2K m3/year
2023
Waste
140.708 tons/year
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). | 306.88 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.1M tCO2e/year |
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 | 5.5K tCO2e (Scope 1 & 2) + 9135015.43 tCO2e (Scope 3) |
| 2022 | 7.4K tCO2e (2021); 9244.75 tCO2e (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed ISO 14064-1: Organizational Greenhouse Gas Inventory and obtained certification at all domestic and overseas locations
- Obtained ISO 14001 Environmental Management System certification
- Initiated first branch installation of solar panels
- Led Taiwan’s first green building commercial office sustainability-linked syndicated loan
- ESG loan cases grew 26% annually; ESG loan balance grew 68%
- Reduced carbon emissions by 1%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Greenhouse gas emissions in 2025 will be 3% lower than in 2022
- ESG lending grew by 5%, targeting NT$70 billion
📅 Medium-term
- Greenhouse gas emissions in 2030 will be reduced by 8% compared to the base year 2022
- Achieve carbon neutrality by 2050
🔭 Long-term
- Achieving carbon neutrality by 2050
🌱 ESG Focus Areas
Corporate GovernanceIntegrity ManagementOperational PerformanceRegulatory ComplianceRisk ManagementInformation Security and Personal Data ProtectionSustainable FinanceGreen OperationsFair Customer Treatment and Financial InclusionFinancial InnovationTalent Development & TrainingTalent Retention and Friendly Workplace