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Fubon Financial Holding Co Ltd

Common Name
Fubon Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Insurance - Life
Employees
41,924
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 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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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. Explore Fubon Financial Holding’s data sources below and access millions more through our Disclosure Search.

a. Fubon Financial Holding's Sustainability Report 2024
a. Fubon Financial Holding's Sustainability Report 2024
b. Fubon Financial Holding's TCFD Report 2022
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 ofFubon Financial Holding amounted to53,624metric 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 Holdingdecreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 49,598 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 15of 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e(98.27%)
  • Downstream Leased Assets (Cat. 13): 162,129 tCOâ‚‚e(0.82%)
  • Capital Goods (Cat. 2): 88,832 tCOâ‚‚e(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 tCOâ‚‚e and total revenues of USD 10,595 millions. This translates into an emissions intensity of 0.38 tCOâ‚‚e per millions USD.a

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

201001,0005,00050,000Scope 1 Emissions (tCO2e)202001,0005,00020,000Revenues (Millions of USD)FEMHICKTCTCMercuries & Associates HoldingYear: 2024Scope 1: 14,633 tCO2eRevenue: $M 4,994Scope 1 Intensity: 2.93 tCO2e/$MFFFirst Financial HoldingYear: 2024Scope 1: 2,829 tCO2eRevenue: $M 2,188Scope 1 Intensity: 1.29 tCO2e/$MEEE.SUN Financial HoldingYear: 2024Scope 1: 2,403 tCO2eRevenue: $M 2,298Scope 1 Intensity: 1.05 tCO2e/$MMMMega Financial HoldingYear: 2024Scope 1: 2,639 tCO2eRevenue: $M 2,503Scope 1 Intensity: 1.05 tCO2e/$MHHHua Nan Financial HoldingsYear: 2024Scope 1: 2,552 tCO2eRevenue: $M 2,009Scope 1 Intensity: 1.27 tCO2e/$MIIIBF Financial HoldingsYear: 2023Scope 1: 349 tCO2eRevenue: $M 239Scope 1 Intensity: 1.46 tCO2e/$MCTBC Financial HoldingYear: 2024Scope 1: 4,959 tCO2eRevenue: $M 5,925Scope 1 Intensity: 0.84 tCO2e/$MCCChailease HoldingYear: 2024Scope 1: 4,868 tCO2eRevenue: $M 710Scope 1 Intensity: 6.85 tCO2e/$MO-BankYear: 2023Scope 1: 287 tCO2eRevenue: $M 304Scope 1 Intensity: 0.94 tCO2e/$MKKKGI Financial HoldingYear: 2024Scope 1: 1,525 tCO2eRevenue: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$MSCSBYear: 2024Scope 1: 2,332 tCO2eRevenue: $M 1,561Scope 1 Intensity: 1.49 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MCCCapital SecuritiesYear: 2024Scope 1: 404 tCO2eRevenue: $M 619Scope 1 Intensity: 0.65 tCO2e/$MYuanta Financial HoldingYear: 2024Scope 1: 1,125 tCO2eRevenue: $M 3,686Scope 1 Intensity: 0.31 tCO2e/$MFEIBYear: 2023Scope 1: 307 tCO2eRevenue: $M 414Scope 1 Intensity: 0.74 tCO2e/$MMercuries Life InsuranceYear: 2024Scope 1: 551 tCO2eRevenue: $M 4,177Scope 1 Intensity: 0.13 tCO2e/$MSinopac Financial HoldingsYear: 2024Scope 1: 1,439 tCO2eRevenue: $M 1,941Scope 1 Intensity: 0.74 tCO2e/$MTTTS Financial HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 2,644Scope 1 Intensity: 0.73 tCO2e/$MCCChina Bills FinanceYear: 2023Scope 1: 49 tCO2eRevenue: $M 66Scope 1 Intensity: 0.74 tCO2e/$MTaiwan Business BankYear: 2023Scope 1: 1,155 tCO2eRevenue: $M 1,039Scope 1 Intensity: 1.11 tCO2e/$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 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.94, this places the company below its industry benchmark, indicating it is more 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 3 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Fubon Financial Holding among the top performers, with one of the lowest emissions intensities relative to peers.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 COâ‚‚ equivalent (tCOâ‚‚e) 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

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