In 2023, Shin Kong Financial Holding 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).
Shin Kong Financial Holding has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2023, the total operational greenhouse gas (GHG) emissions of Shin Kong Financial Holding amounted to 28,794.79 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Shin Kong Financial Holding decreased by 8.56%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
In 2023, the total Scope 1 emissions of Shin Kong Financial Holding were 3,479.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2019, Shin Kong Financial Holding's Scope 1 emissions have increased by 14.81%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Shin Kong Financial Holding's Scope 1 emissions increased by 6.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
In 2023, Shin Kong Financial Holding reported Scope 2 greenhouse gas (GHG) emissions of 25,183.23 tCOâ‚‚e using the market-based method, and 25,314.9 tCOâ‚‚e using the location-based method.
Since 2019, Shin Kong Financial Holding's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 17.03%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Shin Kong Financial Holding's Scope 2 emissions (Location-Based) fell by 10.27% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
In 2023, Shin Kong Financial Holding reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2023, Shin Kong Financial Holding reported 2,234,238.16 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Shin Kong Financial Holding includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
In 2023, Shin Kong Financial Holding reported total Scope 3 emissions of 2,234,238.16 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.74% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2019, Shin Kong Financial Holding's Scope 3 emissions have decreased by 27.57%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Shin Kong Financial Holding's Scope 3 emissions remained relatively stable, indicating that Shin Kong Financial Holding 's emissions have plateaued with no significant change in its value chain footprint.
In 2023, Shin Kong Financial Holding reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
In 2023, the largest contributors to Shin Kong Financial Holding's Scope 3 emissions were:
In 2023, Shin Kong Financial Holding reported a total carbon footprint of 2,263,032.95 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.75% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Shin Kong Financial Holding's total carbon footprint was Scope 3 emissions, accounting for 98.73% of the company's total carbon footprint, followed by Scope 2 emissions at 1.12%.