✨ Unlock Data Exports And Disclosure Access.Start Your 30-Day Free Trial Today →

Fubon Financial Holding Co Ltd

Common Name
Fubon Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Insurance - Life
Employees
42,363
Ticker
2881
Exchange
TAIWAN STOCK EXCHANGE
Description
Fubon Financial Holding Co., Ltd. is a prominent financial services holding company based in Taipei, Taiwan. Established to offer a comprehensive range of banking and financial solutions, this organiz...

Fubon Financial Holding's GHG Emissions Data Preview

In 2024, Fubon 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).

Fubon Financial Holding has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
4,026a
8,949a
5,091a
Total Scope 2
Market-Based
41,568a
50,091a
55,100a
Location-Based
49,598a
52,087a
55,391a
Total Scope 3
19,817,068.17a
340,552a
127,369a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.38a
1.5971a
0.6135a
Usage Policy

You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"

Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.

Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
Download granular datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace all values back to their original sources
Formats Included
Excel
CSV
Json
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=2881&reporting_period=2024"

Verified Sources Behind Fubon Financial Holding’s Greenhouse Gas (GHG) Emissions 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.

a. Fubon Financial Holding's Sustainability Report 2024
b. Fubon Financial Holding's TCFD Report 2022

Insights into Fubon Financial Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Fubon Financial Holding amounted to 53,624 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Fubon Financial Holding decreased by 12.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Fubon Financial Holding's Scope 1 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e-18%0%-4%+76%-55%
  • Total Scope 1
  • Year-over-Year Change

What are Fubon Financial Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Fubon Financial Holding were 4,026 metric tons of CO₂ equivalent (tCO₂e).a

Has Fubon Financial Holding reduced its Scope 1 emissions over time?

Since 2019, Fubon Financial Holding's Scope 1 emissions have decreased by 37.47%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Fubon Financial Holding's Scope 1 emissions decreased by 55.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Fubon Financial Holding's Scope 2 emissions?

In 2024, Fubon Financial Holding reported Scope 2 greenhouse gas (GHG) emissions of 41,568 tCO₂e using the market-based method and 49,598 tCO₂e using the location-based method.a

Has Fubon Financial Holding reduced its Scope 2 emissions over time?

Since 2019, Fubon Financial Holding's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 17.86%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Fubon Financial Holding's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Fubon Financial Holding's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Fubon Financial Holding use for Scope 2 reporting?

In 2024, Fubon Financial Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fubon Financial Holding's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fubon Financial Holding's Value Chain Emissions

In 2024, Fubon Financial Holding reported 19,817,068.17 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Fubon Financial Holding includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 14 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Fubon Financial Holding's Scope 3 Emissions Over Time

20192020202120222023202405 M10 M15 M20 MtCO2e-8%-98%-21%+167%+5719%
  • Total Scope 3
  • Year-over-Year Change

What are Fubon Financial Holding's Scope 3 emissions?

In 2024, Fubon Financial Holding reported total Scope 3 emissions of 19,817,068.17 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0.86% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.14% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Fubon Financial Holding reduced its Scope 3 emissions over time?

Since 2019, Fubon Financial Holding's Scope 3 emissions have increased by 138.65%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Fubon Financial Holding's Scope 3 emissions increased by 5,719.1%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Fubon Financial Holding disclose?

In 2024, Fubon Financial Holding reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Fubon Financial Holding's Scope 3 emissions?

In 2024, the largest contributors to Fubon Financial Holding's Scope 3 emissions were:a

  • Investments (Cat. 15): 19,474,044 tCO₂e (98.27%)
  • Downstream Leased Assets (Cat. 13): 162,129 tCO₂e (0.82%)
  • Capital Goods (Cat. 2): 88,832 tCO₂e (0.45%)

Fubon Financial Holding's Scope 3 Emissions by Categories

Investments(Cat. 15)(98.3%)

Insights into Fubon Financial Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Fubon Financial Holding reported Scope 1 greenhouse gas (GHG) emissions of 4,026 tCO₂e and total revenues of USD 10,595 millions. This translates into an emissions intensity of 0.38 tCO₂e per millions USD.a

Fubon Financial Holding's Scope 1 Emissions Intensity Compared to Peers

2001,00010,00050,000500,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)Daiichi Life GroupYear: 2024Scope 1: 26,068 tCO2eRevenue: $M 69,256Scope 1 Intensity: 0.38 tCO2e/$MNew China Life InsuranceYear: 2023Scope 1: 2,389 tCO2eRevenue: $M 9,865Scope 1 Intensity: 0.24 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 16,203Scope 1 Intensity: 0.10 tCO2e/$MPrudential FinancialYear: 2024Scope 1: 13,609 tCO2eRevenue: $M 70,659Scope 1 Intensity: 0.19 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,947Scope 1 Intensity: 0.15 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,221Scope 1 Intensity: 0.26 tCO2e/$MHanwha Life InsuranceYear: 2024Scope 1: 4,391 tCO2eRevenue: $M 11,352Scope 1 Intensity: 0.39 tCO2e/$MLincoln NationalYear: 2024Scope 1: 2,137 tCO2eRevenue: $M 17,988Scope 1 Intensity: 0.12 tCO2e/$MChina TaipingYear: 2024Scope 1: 9,400 tCO2eRevenue: $M 22,737Scope 1 Intensity: 0.41 tCO2e/$MJapan Post InsuranceYear: 2024Scope 1: 10,369 tCO2eRevenue: $M 17,934Scope 1 Intensity: 0.58 tCO2e/$MT&D HoldingsYear: 2024Scope 1: 1,653 tCO2eRevenue: $M 15,207Scope 1 Intensity: 0.11 tCO2e/$MStandard LifeYear: 2024Scope 1: 2,111 tCO2eRevenue: $M 24,490Scope 1 Intensity: 0.09 tCO2e/$MAIA GroupYear: 2024Scope 1: 2,566 tCO2eRevenue: $M 31,255Scope 1 Intensity: 0.08 tCO2e/$MChina Life InsuranceYear: 2024Scope 1: 95,978 tCO2eRevenue: $M 70,185Scope 1 Intensity: 1.37 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 55,068Scope 1 Intensity: 0.80 tCO2e/$MPower Corporation of CanadaYear: 2024Scope 1: 9,333 tCO2eRevenue: $M 22,920Scope 1 Intensity: 0.41 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$MGreat-West LifecoYear: 2024Scope 1: 5,876 tCO2eRevenue: $M 24,141Scope 1 Intensity: 0.24 tCO2e/$MAflacYear: 2024Scope 1: 2,850 tCO2eRevenue: $M 19,128Scope 1 Intensity: 0.15 tCO2e/$MManulife FinancialYear: 2023Scope 1: 140,202 tCO2eRevenue: $M 31,959Scope 1 Intensity: 4.39 tCO2e/$MMercuries & Associates HoldingYear: 2024Scope 1: 14,633 tCO2eRevenue: $M 4,994Scope 1 Intensity: 2.93 tCO2e/$MMercuries Life InsuranceYear: 2024Scope 1: 551 tCO2eRevenue: $M 4,177Scope 1 Intensity: 0.13 tCO2e/$MKGI Financial HoldingYear: 2024Scope 1: 1,525 tCO2eRevenue: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MFubon Financial HoldingYear: 2024Scope 1: 4,026 tCO2eRevenue: $M 10,595Scope 1 Intensity: 0.38 tCO2e/$M

How does Fubon Financial Holding's GHG emissions intensity compare to its peers?

In 2024, Fubon Financial Holding reported a Scope 1 emissions intensity of 0.38 tCO₂e per millions USD. Compared to the peer group median of 0.32, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Fubon Financial Holding rank on GHG emissions intensity within its industry?

In 2024, Fubon Financial Holding ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Fubon Financial Holding is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Fubon Financial Holding's Total Carbon Footprint

In 2024, Fubon Financial Holding reported a total carbon footprint of 19,870,692.17 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4,848.03% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Fubon Financial Holding's total carbon footprint was Scope 3 emissions, accounting for 99.73% of the company's total carbon footprint, followed by Scope 2 emissions at 0.25%.a

Want Full Access to Fubon Financial Holding's GHG Emissions Dataset?
Start 30-Day Free Trial