Shin Kong Financial Holding Co Ltd

Common Name
Shin Kong Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Insurance - Life
Employees
16,721
Ticker
2888
Exchange
TAIWAN STOCK EXCHANGE
Description
Shin Kong Financial Holding Co., Ltd. is a prominent financial services company based in Taipei, Taiwan. Its primary function is to manage and operate its various subsidiaries which provide a comprehe...

Shin Kong Financial Holding's Climate Target Data Preview

As of 2023, Shin Kong Financial Holding has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 4 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 Shin Kong Financial Holding ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
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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2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2024
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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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 Shin Kong Financial Holding's Greenhouse Gas Emissions Pathways

As of 2023, Shin Kong Financial Holding 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 Shin Kong Financial Holding have a target to reduce the emissions from its operations?

As of 2023, Shin Kong Financial Holding has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Shin Kong Financial Holding's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 31,491.26 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, Shin Kong Financial Holding is ahead of schedule on its operational emissions reduction target, having achieved 21.38% of the planned reduction.

Shin Kong Financial Holding's Operational (Scope 1+2) Emissions Pathway

202220232024203008 k16 k24 k32 kCurrent (-9%)Target 2030 (-42%)

Does Shin Kong Financial Holding have a target to reduce the emissions from its value chain?

As of 2023, Shin Kong Financial Holding 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.

Shin Kong Financial Holding's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 2,448,612.74 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, Shin Kong Financial Holding is ahead of schedule on its value chain emissions reduction target, having achieved 20.83% of the planned reduction.

Shin Kong Financial Holding's Value Chain (Scope 3) Emissions Pathway

2022202320300650 k1.3 M1.95 M2.6 MCurrent (-9%)Target 2030 (-42%)
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