Cathay Financial Holding Co Ltd
Cathay Financial Holding's GHG Emissions Data Preview
In 2022, Cathay Financial Holding completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Cathay Financial Holding has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Cathay Financial Holding's Operational Emissions
In 2022, the total operational greenhouse gas (GHG) emissions of Cathay Financial Holding amounted to 64,108.61 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2021, the total operational greenhouse gas (GHG) emissions of Cathay Financial Holding increased by 6.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Cathay Financial Holding's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Cathay Financial Holding's Scope 1 emissions?
In 2022, the total Scope 1 emissions of Cathay Financial Holding were 4,802.45 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Cathay Financial Holding reduced its Scope 1 emissions over time?
Since 2020, Cathay Financial Holding's Scope 1 emissions have increased by 25.85%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2021), Cathay Financial Holding's Scope 1 emissions increased by 16.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Cathay Financial Holding's Scope 2 emissions?
In 2022, Cathay Financial Holding reported Scope 2 greenhouse gas (GHG) emissions of 54,944.72 tCOâ‚‚e using the market-based method, and 59,306.16 tCOâ‚‚e using the location-based method.
Has Cathay Financial Holding reduced its Scope 2 emissions over time?
Since 2020, Cathay Financial Holding's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Cathay Financial Holding 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2021), Cathay Financial Holding's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cathay Financial Holding 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Cathay Financial Holding use for Scope 2 reporting?
In 2022, Cathay Financial Holding reported its Scope 2 emissions using the market-based method and using the location-based method.
Cathay Financial Holding's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Cathay Financial Holding's Value Chain Emissions
In 2022, Cathay Financial Holding reported 13,402.54 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2022 disclosure of Cathay Financial Holding includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Cathay Financial Holding's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Cathay Financial Holding's Scope 3 emissions?
In 2022, Cathay Financial Holding reported total Scope 3 emissions of 13,402.54 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 87.47% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.53% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Cathay Financial Holding reduced its Scope 3 emissions over time?
Since 2020, Cathay Financial Holding's Scope 3 emissions have decreased by 26.68%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2021), Cathay Financial Holding's Scope 3 emissions decreased by 23.1%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Cathay Financial Holding disclose?
In 2022, Cathay Financial Holding reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Cathay Financial Holding's Scope 3 emissions?
In 2022, the largest contributors to Cathay Financial Holding's Scope 3 emissions were:
- Fuel- and Energy-Related Services (Cat. 3): 9,598.7 tCOâ‚‚e (71.62%)
- Purchased Goods and Services (Cat. 1): 1,744.34 tCOâ‚‚e (13.01%)
- Use of Sold Products (Cat. 11): 1,543.38 tCOâ‚‚e (11.52%)
Cathay Financial Holding's Scope 3 Emissions by Categories
Insights into Cathay Financial Holding's Total Carbon Footprint
In 2022, Cathay Financial Holding reported a total carbon footprint of 77,511.15 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.14% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Cathay Financial Holding's total carbon footprint was Scope 2 emissions, accounting for 76.51% of the company's total carbon footprint, followed by Scope 3 emissions at 17.29%.