Mega International Commercial Bank Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021

In its 2021 reporting, Mega International Commercial Bank Co., Ltd. disclosed greenhouse gas emissions of 11.7M tCO2e/year (2021 data pending verification). By scope: Scope 1: 1.9K tCO2e/year (2021 data pending verification); Scope 2: 11.4M tCO2e/year (2021 data pending verification). 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
11.7M tCO2e/year (2021 data pending verification)
2021
💧
Water Usage
127.9K m3/year (2021)
2021
♻️
Waste
53.7K tons/year (2021 Chao Chi Building)
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.9K tCO2e/year (2021 data pending verification)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.11.4M tCO2e/year (2021 data pending verification)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water usage by 2.5% by 2025 (based on 2020 levels)
  • Reduce greenhouse gas emissions (Scope 1 and 2) by 25% by 2030 (based on 2020 levels)

📅 Medium-term

  • Reduce water usage by 5% by 2030 (based on 2020 levels)

🔭 Long-term

  • Reach net-zero emissions by 2050

🌱 ESG Focus Areas

Sustainable operationsESGNet-zero emissions

⚠️ Challenges & Risks +

  • Global low-interest rate caused by Covid-19 impacting profitability
  • Unprecedented low-interest-rate spread restricting the growth of net interest income
  • Low-interest rates flattening the yield curve and constant forex rate of USD against NTD limiting the profitability of financial operations
  • Pandemic continues to affect economic activities, and the recovery of various industries is divergent
  • Inflation is driven by supply chain bottlenecks and other unfavorable factors

📋 Report Information

Reporting Period: 2021
Frameworks: GRI criterion core options and AA1000 AS
Assurance: British Standards Institution (for Mega FHC's 2020 report)