Yuanta Commercial Bank Co., Ltd., headquartered in Taiwan (TW), is a prominent player in the banking and financial services industry. Established in 1961, the bank has grown significantly, expanding its operations across major regions in Asia, including Taiwan and other key markets. Specialising in a range of financial services, Yuanta offers unique products such as personal banking, corporate finance, and wealth management solutions. The bank is recognised for its innovative approach to digital banking, enhancing customer experience through advanced technology. With a strong market position, Yuanta Commercial Bank has achieved notable milestones, including awards for excellence in customer service and financial performance. Its commitment to providing tailored financial solutions sets it apart in a competitive landscape, making it a trusted choice for individuals and businesses alike.
How does Yuanta Commercial Bank Co., Ltd'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.
Yuanta Commercial Bank Co., Ltd's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Yuanta Commercial Bank Co., Ltd. reported total carbon emissions of approximately 8,912,990 kg CO2e, comprising 569,680 kg CO2e from Scope 1 and 8,343,320 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significantly higher, with notable contributions from capital goods (727,142,050 kg CO2e) and purchased goods and services (1,349,865,310 kg CO2e). Comparatively, in 2022, the bank's total emissions were about 9,245,390 kg CO2e, indicating a slight reduction in overall emissions year-on-year. The Scope 1 and 2 emissions in 2022 were 924,5390 kg CO2e, with Scope 1 emissions at 547,930 kg CO2e and Scope 2 at 8,697,460 kg CO2e. Despite these figures, Yuanta Commercial Bank has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives. The emissions data is cascaded from its parent company, Yuanta Financial Holding Co., Ltd., reflecting the bank's commitment to transparency in its environmental impact reporting. Overall, while Yuanta Commercial Bank Co., Ltd. has made strides in emissions reporting, further commitments and reduction strategies would enhance its climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 687,610 | 000,000 | 000,000 | 000,000 |
Scope 2 | 9,816,810 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 0,000,000,000 |
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.
Yuanta Commercial Bank Co., Ltd 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.