- Transition risks (policy and legal, technology, market, and reputational risk)
- Physical risks (acute and chronic, including floods, extreme rainfall, droughts, slope disasters, biodiversity loss)
- Supply chain disruptions due to climate events
- Difficulty assessing new low-carbon technology risk
- Increase in financial risk caused by a fall in the value of assets in high-carbon industries
Fubon Financial Holdings Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Fubon Financial Holdings Co., Ltd. disclosed greenhouse gas emissions of 59.2K tCO2e (2023). By scope: Scope 1: 5.0K tCO2e (2023); Scope 2: 50.4K tCO2e (2023); Scope 3: 342.5K tCO2e (2023 excluding financed emissions). 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
59.2K tCO2e (2023)
2023
Water Usage
23.4K m3 (2023)
2023
Waste
280 tons (2023)
2023
Energy Use
99.8M kWh (2023)
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). | 5.0K tCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 50.4K tCO2e (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 342.5K tCO2e (2023 excluding financed emissions) |
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 | 59.2K tCO2e (2023) |
| 2021 | 42.9K tCO2e/year (Scope 1 & 2) |
| 2020 | 18.8K tCO2e |
| 2017 | 51.7K kgCO2e/year |
| 2015 | 18.4K tCO2e/year |
| 2014 | 18.6K kgCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed Taiwan’s first financial holding company plan to have multiple subsidiaries jointly purchase green power, with a purchase of 4.39 million kWh/year of green power, and achieved another milestone by becoming Taiwan’s first financial institution to extend its green power network to outlying islands.
- Fubon Insurance’s headquarters demolition was the first demolition project in the world to receive UL2799 Zero Waste to Landfill Gold-level validation.
- Carbon reduction in 2023 grew by more than 30% from 2022 to 5,953 tons of CO2e.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by unspecified amount.
📅 Medium-term
- Reduce Scope 1 and Scope 2 emissions by 42% by 2030 (compared to 2020 baseline).
- Reduce gray electricity consumption by 45.4% by 2030 (compared to 2020 baseline).
- Achieve NT$2.9 trillion in green finance by 2030.
- Cease new investment in or underwriting companies involved in coal and unconventional oil and gas sectors with more than 30% of revenue or power generation capacity ratio by 2030.
🔭 Long-term
- Net-zero emissions by 2050.
- Use 100% renewable energy across global operations by 2040.
- Reduce Scope 1 and Scope 2 emissions by 92.3% by 2040 (compared to 2020 baseline).
- Cease new investments in companies involved in coal and unconventional oil and gas sectors that have not presented a carbon-reduction transition plan consistent with the Paris Agreement by 2040.
🌱 ESG Focus Areas
Climate ChangeBiodiversityNature-related risks