Cathay Financial Holding Co Ltd

Common Name
Cathay Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Insurance - Life
Employees
53,743
Ticker
2882
Exchange
TAIWAN STOCK EXCHANGE
Description
Cathay Financial Holding Co. Ltd. is a prominent financial services company based in Taiwan, playing a central role in the country's financial landscape. It primarily functions as a holding company, o...

Cathay Financial Holding's Climate Target Data Preview

As of 2024, Cathay Financial Holding has disclosed 20 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 16 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Cathay Financial Holding ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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b, c, a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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b, c, a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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b, c, a
2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
b, a
2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
Copy restricted. Please purchase to unlock this data.
b, a
2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
b, a
2027
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2027
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
b, a
2027
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2027
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
b, c, a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
b, c, a
2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2035
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Cathay Financial Holding’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Cathay Financial Holding’s data sources below and access millions more through our Disclosure Search.

a. Cathay Financial Holding's Sustainability Report 2024
a. Cathay Financial Holding's Sustainability Report 2024
b. Cathay Financial Holding's Climate Report 2024
b. Cathay Financial Holding's Climate Report 2024
c. Cathay Financial Holding's Sustainability Report 2022
c. Cathay Financial Holding's Sustainability Report 2022

Insights into Cathay Financial Holding's Greenhouse Gas Emissions Pathways

As of 2024, Cathay Financial Holding has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b c

Does Cathay Financial Holding have a target to reduce the emissions from its operations?

As of 2024, Cathay Financial Holding has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Cathay Financial Holding's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 60,243.66 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Cathay Financial Holding is ahead of schedule on its operational emissions reduction target, having achieved 53.55% of the planned reduction. a

Cathay Financial Holding's Operational (Scope 1+2) Emissions Pathway

202020242025202620272030020 k40 k60 k80 kBaselineCurrent (-22%)Target 2030 (-42%)

Does Cathay Financial Holding have a target to reduce the emissions from its value chain?

As of 2024, Cathay Financial Holding has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b c

Cathay Financial Holding's most ambitious value chain target is to reduce these emissions by 69% by 2035, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2019. a b c

Instead of reducing value chain emissions, Cathay Financial Holding has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a b c

Cathay Financial Holding's Value Chain (Scope 3) Emissions Pathway

2019202420252030203500000BaselineCurrent (+303%)Target 2025 (-27%)Target 2030 (-49%)Target 2035 (-69%)
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