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 GHG Emissions Data Preview

In 2023, O-Bank 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).

O-Bank has also provided a category-level breakdown for 5 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
Market-Based
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Location-Based
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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 O-Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of O-Bank amounted to 3,125.65 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 O-Bank decreased by 0.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

O-Bank's Scope 1 Emissions Over Time

202120222023075150225300tCO2e+21%+6%
  • Total Scope 1
  • Year-over-Year Change

What are O-Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of O-Bank were 287.07 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has O-Bank reduced its Scope 1 emissions over time?

Since 2021, O-Bank's Scope 1 emissions have increased by 27.45%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), O-Bank's Scope 1 emissions increased by 5.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are O-Bank's Scope 2 emissions?

In 2023, O-Bank reported Scope 2 greenhouse gas (GHG) emissions of 2,471.59 tCOâ‚‚e using the market-based method, and 2,838.58 tCOâ‚‚e using the location-based method.

Has O-Bank reduced its Scope 2 emissions over time?

Since 2021, O-Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that O-Bank 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), O-Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that O-Bank 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does O-Bank use for Scope 2 reporting?

In 2023, O-Bank reported its Scope 2 emissions using the market-based method and using the location-based method.

O-Bank's Scope 2 Emissions Over Time

20212022202307501.5 k2.25 k3 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into O-Bank's Value Chain Emissions

In 2023, O-Bank reported 1,550.9 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 O-Bank includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

O-Bank's Scope 3 Emissions Over Time

20212022202304008001.2 k1.6 ktCO2e+91%+21%
  • Total Scope 3
  • Year-over-Year Change

What are O-Bank's Scope 3 emissions?

In 2023, O-Bank reported total Scope 3 emissions of 1,550.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has O-Bank reduced its Scope 3 emissions over time?

Since 2021, O-Bank's Scope 3 emissions have increased by 130.18%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), O-Bank's Scope 3 emissions increased by 20.69%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does O-Bank disclose?

In 2023, O-Bank reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of O-Bank's Scope 3 emissions?

In 2023, the largest contributors to O-Bank's Scope 3 emissions were:

  • Employee Commuting (Cat. 7): 637.6 tCOâ‚‚e (41.11%)
  • Fuel- and Energy-Related Services (Cat. 3): 568.37 tCOâ‚‚e (36.65%)
  • Purchased Goods and Services (Cat. 1): 201.45 tCOâ‚‚e (12.99%)

O-Bank's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(36.6%)Purchased Goods andServices (Cat. 1)(13.0%)Employee Commuting(Cat. 7)(41.1%)

Insights into O-Bank's Total Carbon Footprint

In 2023, O-Bank reported a total carbon footprint of 4,676.55 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.74% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to O-Bank's total carbon footprint was Scope 2 emissions, accounting for 60.7% of the company's total carbon footprint, followed by Scope 3 emissions at 33.16%.