Taichung Commercial Bank Co
Taichung Commercial Bank Co., Ltd., commonly referred to as Taichung Bank, is a prominent financial institution headquartered in Taichung, Taiwan. Established in 1946, the bank has grown to become a key player in the Taiwanese banking sector, with a strong presence in central and northern Taiwan. Specialising in a range of services, including personal banking, corporate finance, and wealth management, Taichung Bank is recognised for its customer-centric approach and innovative financial solutions. The bank's commitment to digital transformation has positioned it as a leader in the industry, enhancing customer experience and operational efficiency. With a solid market position and a reputation for reliability, Taichung Commercial Bank continues to achieve significant milestones, contributing to the economic development of the regions it serves.
DitchCarbon Score
How does Taichung Commercial Bank Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Taichung Commercial Bank Co's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taichung Commercial Bank Co's reported carbon emissions
In 2022, Taichung Commercial Bank Co., based in Taiwan (TW), reported total carbon emissions of approximately 1,894,257 kg CO2e. This figure includes 224,749 kg CO2e from Scope 1 emissions and 1,669,508 kg CO2e from Scope 2 emissions. The bank's emissions have decreased from 2,366,648 kg CO2e in 2021, indicating a significant reduction in their carbon footprint. The bank has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. However, it has consistently reported on its Scope 1 and Scope 2 emissions over the past few years, with 2021 emissions including 215,478 kg CO2e from Scope 1 and 1,761,197 kg CO2e from Scope 2. Despite the reductions observed, Taichung Commercial Bank Co. has not set specific reduction targets or climate pledges, nor does it appear to be part of any industry-standard initiatives such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests that while the bank is actively monitoring its emissions, it may need to enhance its climate strategy to align with global sustainability goals. Overall, Taichung Commercial Bank Co. demonstrates a commitment to reducing its carbon emissions, as evidenced by the year-on-year decrease in total emissions, but further action and formal commitments could strengthen its climate impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 225,059.8 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,677,989.5 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Taichung Commercial Bank Co is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
