Shanghai Commercial & Savings Bank Ltd

Common Name
SCSB
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
5876
Exchange
TAIWAN STOCK EXCHANGE
Description
The Shanghai Commercial & Savings Bank, Ltd. is a prominent financial institution that offers a comprehensive range of banking services across various sectors. Primarily focused on commercial and cons...

SCSB's GHG Emissions Data Preview

In 2024, SCSB 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).

SCSB has also provided a category-level breakdown for 8 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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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind SCSB’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 SCSB’s data sources below and access millions more through our Disclosure Search.

a. SCSB's Sustainability Report 2024
a. SCSB's Sustainability Report 2024
b. SCSB's Sustainability Report 2023
b. SCSB's Sustainability Report 2023

Insights into SCSB's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of SCSB amounted to 15,192.39 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 SCSB increased by 9.66%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

SCSB's Scope 1 Emissions Over Time

2020202120222023202406001.2 k1.8 k2.4 ktCO2e+151%+3%+24%+41%
  • Total Scope 1
  • Year-over-Year Change

What are SCSB's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SCSB were 2,332.33 metric tons of CO₂ equivalent (tCO₂e). a

Has SCSB reduced its Scope 1 emissions over time?

Since 2020, SCSB's Scope 1 emissions have increased by 354.38%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), SCSB's Scope 1 emissions increased by 41.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are SCSB's Scope 2 emissions?

In 2024, SCSB reported Scope 2 greenhouse gas (GHG) emissions of 12,860.06 tCO₂e using the market-based method and 12,860.06 tCO₂e using the location-based method. a

Has SCSB reduced its Scope 2 emissions over time?

Compared to the previous year (2023), SCSB's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SCSB 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does SCSB use for Scope 2 reporting?

In 2024, SCSB reported its Scope 2 emissions using the market-based method and using the location-based method. a

SCSB's Scope 2 Emissions Over Time

2020202120222023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SCSB's Value Chain Emissions

In 2024, SCSB reported 2,006,169.35 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 SCSB includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

SCSB's Scope 3 Emissions Over Time

2020202120222023202401 M2 M3 M4 MtCO2e+312%-42%+25%-29%
  • Total Scope 3
  • Year-over-Year Change

What are SCSB's Scope 3 emissions?

In 2024, SCSB reported total Scope 3 emissions of 2,006,169.35 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.61% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has SCSB reduced its Scope 3 emissions over time?

Since 2020, SCSB's Scope 3 emissions have increased by 110.77%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), SCSB's Scope 3 emissions decreased by 29.44%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does SCSB disclose?

In 2024, SCSB reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

What are the main sources of SCSB's Scope 3 emissions?

In 2024, the largest contributors to SCSB's Scope 3 emissions were: a

  • Investments (Cat. 15): 1,998,315.98 tCO₂e (99.61%)
  • Employee Commuting (Cat. 7): 4,019.47 tCO₂e (0.2%)
  • Business Travel (Cat. 6): 1,929.75 tCO₂e (0.1%)

SCSB's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.6%)

Insights into SCSB’s GHG Emissions Intensity Compared to Industry Peers

In 2024, SCSB reported Scope 1 greenhouse gas (GHG) emissions of 2,332.33 tCO₂e and total revenues of USD 1,561 millions. This translates into an emissions intensity of 1.49 tCO₂e per millions USD. a

SCSB's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)HKEMHICKTCTChina Man-Made FiberYear: 2023Scope 1: 390,661 tCO2eRevenue: $M 1,199Scope 1 Intensity: 325.94 tCO2e/$MHHHotai FinanceYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 934Scope 1 Intensity: 1.54 tCO2e/$MKKKing's Town BankYear: 2023Scope 1: 304 tCO2eRevenue: $M 320Scope 1 Intensity: 0.95 tCO2e/$MEEE.SUN Financial HoldingYear: 2024Scope 1: 2,403 tCO2eRevenue: $M 2,298Scope 1 Intensity: 1.05 tCO2e/$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: 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: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$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: $M 414Scope 1 Intensity: 0.74 tCO2e/$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: $M 1,039Scope 1 Intensity: 1.11 tCO2e/$MSCSBYear: 2024Scope 1: 2,332 tCO2eRevenue: $M 1,561Scope 1 Intensity: 1.49 tCO2e/$M

How does SCSB's GHG emissions intensity compare to its peers?

In 2024, SCSB reported a Scope 1 emissions intensity of 1.49 tCO₂e per millions USD. Compared to the peer group median of 0.97 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does SCSB rank on GHG emissions intensity within its industry?

In 2024, SCSB ranked 17 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places SCSB among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into SCSB's Total Carbon Footprint

In 2024, SCSB reported a total carbon footprint of 2,021,361.74 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.25% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to SCSB's total carbon footprint was Scope 3 emissions, accounting for 99.25% of the company's total carbon footprint, followed by Scope 2 emissions at 0.64%. a

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