Sinopac Financial Holdings Co Ltd

Common Name
Sinopac Financial Holdings
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
10,549
Ticker
2890
Exchange
TAIWAN STOCK EXCHANGE
Description
Sinopac Financial Holdings Co., Ltd. is a leading financial services provider based in Taiwan, offering a diverse range of financial products and services. As a holding company, it primarily focuses o...

Sinopac Financial Holdings's Climate Target Data Preview

As of 2023, Sinopac Financial Holdings has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 3 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 Sinopac Financial Holdings ’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
2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
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
2027
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
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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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 Sinopac Financial Holdings’s Climate Targets 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 Sinopac Financial Holdings’s data sources below and access millions more through our Disclosure Search.

a. Sinopac Financial Holdings's Sustainability Report 2023
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Insights into Sinopac Financial Holdings's Greenhouse Gas Emissions Pathways

As of 2023, Sinopac Financial Holdings 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 Sinopac Financial Holdings have a target to reduce the emissions from its operations?

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

Sinopac Financial Holdings's most ambitious operational target is to reduce these emissions by 29.4% by 2027, compared to a baseline of 19,439.76 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2023, Sinopac Financial Holdings is ahead of schedule on its operational emissions reduction target, having achieved 44.29% of the planned reduction. a

Sinopac Financial Holdings's Operational (Scope 1+2) Emissions Pathway

202120232026202705 k10 k15 k20 kBaselineCurrent (-13%)Target 2027 (-29%)
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