O-Bank Co Ltd

Common Name
O-Bank
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
1,501
Ticker
2897
Exchange
TAIWAN STOCK EXCHANGE
Description
O-Bank Co. Ltd. is a diversified financial institution headquartered in Taiwan, recognized for providing a comprehensive suite of banking and financial services. Its core function revolves around offe...

O-Bank's Climate Target Data Preview

As of 2023, O-Bank has disclosed 16 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 9 absolute reduction targets and 7 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into O-Bank ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2031
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2024
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2027
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2028
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2029
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 O-Bank's Greenhouse Gas Emissions Pathways

As of 2023, O-Bank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does O-Bank have a target to reduce the emissions from its operations?

As of 2023, O-Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

O-Bank's most ambitious operational target is to reduce these emissions by 58.4% by 2032, compared to a baseline of 3,106.36 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, O-Bank is ahead of schedule on its operational emissions reduction target, having achieved 19.16% of the planned reduction.

O-Bank's Operational (Scope 1+2) Emissions Pathway

2022202320242025202620272028202920302031203208001.6 k2.4 k3.2 kBaselineCurrent (-11%)Target 2032 (-58%)

Does O-Bank have a target to reduce the emissions from its value chain?

As of 2023, O-Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

O-Bank's most ambitious value chain target is to reduce these emissions by 44.75% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment in 2023.

O-Bank's Value Chain (Scope 3) Emissions Pathway

2023202420252026202720282029203000000BaselineTarget 2030 (-45%)
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