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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 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 disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumption
189,854a
203,145a
198,552a
Non-Renewable Energy Consumption
186,421a
203,125a
198,487a
Renewable Energy Consumption
3,432a
20a
65a
Renewable Energy Production
291a
20a
0a
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Verified Sources Behind Shin Kong Financial Holding’s Energy Management 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 Shin Kong Financial Holding’s data sources below and access millions more through our Disclosure Search.

a. Shin Kong Financial Holding's Sustainability Report 2023

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.a

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.a

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.a

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.a

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)202320222021202098%100%100%100%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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