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 2024, Shin Kong Financial Holding has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
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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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Shin Kong Financial Holding’s Climate Targets Data

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a. Shin Kong Financial Holding's Sustainability Report 2024
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Insights into Shin Kong Financial Holding's Greenhouse Gas Emissions Pathways

As of 2024, 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. a

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

As of 2024, 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. a

Shin Kong Financial Holding's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 22,223 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Shin Kong Financial Holding is on track to meet its operational emissions reduction target, having achieved 46.37% of the planned reduction. a

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

2019202420252026203006 k12 k18 k24 kBaselineCurrent (-21%)Target 2030 (-46%)
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