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 Energy Data Preview

In 2023, Shin Kong Financial Holding disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Shin Kong Financial Holding also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Shin Kong Financial Holding also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Shin Kong Financial Holding also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Shin Kong Financial Holding's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, Shin Kong Financial Holding consumed a total of 189,853.85 Gigajoules of energy across its operations. Of this total, 1.81% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.19% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Shin Kong Financial Holding's Energy Renewability Rate

2%

How much of Shin Kong Financial Holding's energy consumed is renewable?

In 2023, Shin Kong Financial Holding consumed a total of 189,853.85 Gigajoules of energy, of which 1.81% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Shin Kong Financial Holding has considerable room to improve its energy sustainability strategy.

Are Shin Kong Financial Holding's energy practices becoming more sustainable?

Since 2020, Shin Kong Financial Holding's total energy consumption decreased by 6.03%, including a further 6.54% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in Shin Kong Financial Holding's consumption increased by 5,868.35%, including a 18,282.32% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Shin Kong Financial Holding has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Shin Kong Financial Holding's Renewable vs Non-renewable Energy Over Time

223.44 k73.44 k223.44 kGigajoules (GJ)2020202120222023100%100%100%98%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Shin Kong Financial Holding's Energy Consumption & Production Mix

In 2023, Shin Kong Financial Holding disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Shin Kong Financial Holding's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Shin Kong Financial Holding's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(98.3%)

What are the main sources and generation technologies behind Shin Kong Financial Holding's energy consumption?

In 2023, Shin Kong Financial Holding's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (98.33%)
  • Gasoline (Petrol) (1.56%)
  • Diesel (0.12%)

How diverse is Shin Kong Financial Holding’s energy consumption mix?

In 2023, Shin Kong Financial Holding consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 98.33% of total consumption.

Insights into Shin Kong Financial Holding's Energy Inflows & Self-Sufficiency

In 2023, Shin Kong Financial Holding reported total energy inflows of 186,677.06 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 186,631.99 Gigajoules purchased from external suppliers and 45.07 Gigajoules generated through internal production. This corresponds to a production share of 0.02%, reflecting a 1.41% percentage point increase from the previous year (2022) and a 2.41% percentage point increase since 2020.

Shin Kong Financial Holding's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

Shin Kong Financial Holding's Energy Purchased vs Produced Over Time

2020202120222023050 k100 k150 k200 kGigajoules (GJ)100%100%100%100%
  • Total Energy Produced
  • Total Energy Purchased
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