Mega Financial Holding Co Ltd

Common Name
Mega Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
10,016
Ticker
2886
Exchange
TAIWAN STOCK EXCHANGE
Description
Mega Financial Holding Co., Ltd. is a prominent financial holding company that plays a vital role in Taiwan's financial industry. Its primary function is to provide a comprehensive range of financial ...

Mega Financial Holding's GHG Emissions Data Preview

In 2024, Mega 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).

Mega Financial Holding has also provided a category-level breakdown for 12 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Mega 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 Mega Financial Holding’s data sources below and access millions more through our Disclosure Search.

a. Mega Financial Holding's Sustainability Report 2024
a. Mega Financial Holding's Sustainability Report 2024
b. Mega Financial Holding's Sustainability Report 2022
b. Mega Financial Holding's Sustainability Report 2022

Insights into Mega Financial Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Mega Financial Holding amounted to 17,567.58 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 Mega Financial Holding decreased by 15.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Mega Financial Holding's Scope 1 Emissions Over Time

20192020202120222023202408501.7 k2.55 k3.4 ktCO2e+1%+25%-21%-10%+17%
  • Total Scope 1
  • Year-over-Year Change

What are Mega Financial Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mega Financial Holding were 2,638.86 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2019, Mega Financial Holding's Scope 1 emissions have increased by 4.4%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Mega Financial Holding's Scope 1 emissions increased by 16.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Mega Financial Holding's Scope 2 emissions?

In 2024, Mega Financial Holding reported Scope 2 greenhouse gas (GHG) emissions of 14,928.72 tCO₂e without specifying the calculation method. a

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

Since 2019, Mega Financial Holding's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Mega Financial Holding 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Mega Financial Holding's Scope 2 emissions (Unspecified Calculation Method) fell by 19.92% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

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

In 2024, Mega Financial Holding reported its Scope 2 emissions using an unspecified methodology. a

Mega Financial Holding's Scope 2 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Mega Financial Holding's Value Chain Emissions

In 2024, Mega Financial Holding reported 9,059,387.21 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 Mega Financial Holding includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Mega Financial Holding's Scope 3 Emissions Over Time

20192020202120222023202402.5 M5 M7.5 M10 MtCO2e+976520%-9%+139%+801%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Mega Financial Holding's Scope 3 emissions?

In 2024, Mega Financial Holding reported total Scope 3 emissions of 9,059,387.21 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.88% came from downstream activities like product use, distribution, and end-of-life treatment. a

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

Since 2019, Mega Financial Holding's Scope 3 emissions have increased by 19,357,564.98%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Mega Financial Holding's Scope 3 emissions remained relatively stable, indicating that Mega Financial Holding 's emissions have plateaued with no significant change in its value chain footprint. a

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

In 2024, Mega Financial Holding reported emissions for 12 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 Mega Financial Holding's Scope 3 emissions?

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

  • Investments (Cat. 15): 9,006,084.67 tCO₂e (99.88%)
  • Employee Commuting (Cat. 7): 3,411.96 tCO₂e (0.04%)
  • Fuel- and Energy-Related Services (Cat. 3): 2,954.14 tCO₂e (0.03%)

Mega Financial Holding's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

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

In 2024, Mega Financial Holding reported Scope 1 greenhouse gas (GHG) emissions of 2,638.86 tCO₂e and total revenues of USD 2,503 millions. This translates into an emissions intensity of 1.05 tCO₂e per millions USD. a

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

501,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)YKEHICKTCTMChina Man-Made FiberYear: 2023Scope 1: 390,661 tCO2eRevenue: $M 1,199Scope 1 Intensity: 325.94 tCO2e/$MYYYulon FinanceYear: 2023Scope 1: 190 tCO2eRevenue: $M 556Scope 1 Intensity: 0.34 tCO2e/$MKKKing's Town BankYear: 2023Scope 1: 304 tCO2eRevenue: $M 320Scope 1 Intensity: 0.95 tCO2e/$MEEE.SUN Financial HoldingYear: 2024Scope 1: 2,403 tCO2eRevenue: $M 2,298Scope 1 Intensity: 1.05 tCO2e/$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: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,279Scope 1 Intensity: 0.97 tCO2e/$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: 2023Scope 1: 518 tCO2eRevenue: $M 4,017Scope 1 Intensity: 0.13 tCO2e/$MSinopac Financial HoldingsYear: 2023Scope 1: 1,508 tCO2eRevenue: $M 1,722Scope 1 Intensity: 0.88 tCO2e/$MTTTS Financial HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 2,644Scope 1 Intensity: 0.73 tCO2e/$MTaiwan Business BankYear: 2023Scope 1: 1,155 tCO2eRevenue: $M 1,039Scope 1 Intensity: 1.11 tCO2e/$MMMMega Financial HoldingYear: 2024Scope 1: 2,639 tCO2eRevenue: $M 2,503Scope 1 Intensity: 1.05 tCO2e/$M

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

In 2024, Mega Financial Holding reported a Scope 1 emissions intensity of 1.05 tCO₂e per millions USD. Compared to the peer group median of 0.95 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, Mega Financial Holding ranked 14 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Mega 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 Mega Financial Holding's Total Carbon Footprint

In 2024, Mega Financial Holding reported a total carbon footprint of 9,076,954.79 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Mega Financial Holding's total carbon footprint was Scope 3 emissions, accounting for 99.81% of the company's total carbon footprint, followed by Scope 2 emissions at 0.16%. a

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