Fubon Financial Holding Co., Ltd., commonly known as Fubon Financial, is a leading financial services provider headquartered in Taipei, Taiwan (TW). Established in 2001, the company has rapidly expanded its operations across Asia, particularly in Taiwan and China, solidifying its position in the financial industry. Fubon Financial operates primarily in banking, insurance, and asset management, offering a diverse range of core products and services that cater to both individual and corporate clients. Its unique approach combines innovative financial solutions with a strong commitment to customer service, setting it apart in a competitive market. With a robust market presence, Fubon Financial has achieved notable milestones, including recognition for its financial stability and customer satisfaction. The company continues to enhance its reputation as a trusted partner in the financial sector, driving growth and innovation in the industry.
How does Fubon Financial'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.
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.
Fubon Financial's score of 83 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Fubon Financial Holdings reported total carbon emissions of approximately 40,260,000 kg CO2e for Scope 1, 41,568,000 kg CO2e for Scope 2, and 33,029,000 kg CO2e for Scope 3 emissions. This represents a total of about 45,594,000 kg CO2e for Scope 1 and 2 combined. In comparison, the 2023 emissions were approximately 8,949,000 kg CO2e for Scope 1, 50,091,000 kg CO2e for Scope 2, and 34,312,000 kg CO2e for Scope 3, leading to a combined total of about 59,040,000 kg CO2e for Scope 1 and 2. Fubon has set ambitious reduction targets as part of its climate commitments. The company aims to achieve a 42% reduction in emissions by 2030, with specific targets of a 5% reduction in Scope 1 and a 45.5% reduction in Scope 2 emissions. Furthermore, Fubon plans to cut emissions by 92.3% by 2040, achieving a 100% reduction in Scope 2 emissions. In the near term, Fubon has committed to a 16.9% reduction in total operational emissions by 2024, using 2020 as the baseline year. Additionally, Fubon Financial has launched the "Run For Green" initiative, aiming for net-zero emissions by 2050 across all scopes. This commitment aligns with their Science Based Targets initiative (SBTi) targets, which cover 53% of their total investment and lending activities by monetary value as of 2019. Overall, Fubon Financial Holdings is actively working towards significant emissions reductions and sustainability goals, reflecting its commitment to addressing climate change and promoting a green transition.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 4,315,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 47,406,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 731,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
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.
Fubon Financial is participating in some 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.