Mega Financial Holding Co Ltd

Common Name
Mega Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
10,065
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 2023, 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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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 Mega Financial Holding's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Mega Financial Holding amounted to 20,907.14 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 2022, the total operational greenhouse gas (GHG) emissions of Mega Financial Holding increased by 3.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Mega Financial Holding's Scope 1 Emissions Over Time

2019202020212022202308001.6 k2.4 k3.2 ktCO2e+1%+18%-23%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Mega Financial Holding's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Mega Financial Holding were 2,264.18 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2019, Mega Financial Holding's Scope 1 emissions have decreased by 10.42%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Mega Financial Holding's Scope 1 emissions decreased by 2.96%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Mega Financial Holding's Scope 2 emissions?

In 2023, Mega Financial Holding reported Scope 2 greenhouse gas (GHG) emissions of 18,642.96 tCOâ‚‚e without specifying the calculation method.

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 increased by 14.85%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Mega Financial Holding's Scope 2 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.

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

In 2023, Mega Financial Holding reported its Scope 2 emissions using an unspecified methodology.

Mega Financial Holding's Scope 2 Emissions Over Time

2019202020212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Mega Financial Holding's Value Chain Emissions

In 2023, Mega Financial Holding reported 8,954,616.81 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 2023 disclosure of Mega Financial Holding includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 11 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Mega Financial Holding's Scope 3 Emissions Over Time

2019202020212022202302.5 M5 M7.5 M10 MtCO2e+976520%-9%+140%+796%
  • Total Scope 3
  • Year-over-Year Change

What are Mega Financial Holding's Scope 3 emissions?

In 2023, Mega Financial Holding reported total Scope 3 emissions of 8,954,616.81 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

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

Since 2019, Mega Financial Holding's Scope 3 emissions have increased by 19,133,696.6%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Mega Financial Holding's Scope 3 emissions increased by 796.49%, suggesting that the company faced challenges in reducing emissions across its value chain.

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

In 2023, Mega Financial Holding reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Mega Financial Holding's Scope 3 emissions were:

  • Investments (Cat. 15): 8,943,847.17 tCOâ‚‚e (99.88%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,519.87 tCOâ‚‚e (0.04%)
  • Employee Commuting (Cat. 7): 3,472.59 tCOâ‚‚e (0.04%)

Mega Financial Holding's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

Insights into Mega Financial Holding's Total Carbon Footprint

In 2023, Mega Financial Holding reported a total carbon footprint of 8,975,523.95 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 780.79% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Mega Financial Holding's total carbon footprint was Scope 3 emissions, accounting for 99.77% of the company's total carbon footprint, followed by Scope 2 emissions at 0.21%.