Sinopac Financial Holdings Co Ltd
Sinopac Financial Holdings's GHG Emissions Data Preview
In 2023, Sinopac Financial Holdings 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).
Sinopac Financial Holdings has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
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.
Insights into Sinopac Financial Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Sinopac Financial Holdings amounted to 18,624.57 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 Sinopac Financial Holdings decreased by 3.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Sinopac Financial Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Sinopac Financial Holdings's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Sinopac Financial Holdings were 1,508.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Sinopac Financial Holdings reduced its Scope 1 emissions over time?
Since 2020, Sinopac Financial Holdings's Scope 1 emissions have increased by 29.51%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Sinopac Financial Holdings's Scope 1 emissions increased by 11.44%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Sinopac Financial Holdings's Scope 2 emissions?
In 2023, Sinopac Financial Holdings reported Scope 2 greenhouse gas (GHG) emissions of 15,401.45 tCOâ‚‚e using the market-based method, and 17,116.37 tCOâ‚‚e using the location-based method.
Has Sinopac Financial Holdings reduced its Scope 2 emissions over time?
Since 2020, Sinopac Financial Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Sinopac Financial Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Sinopac Financial Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sinopac Financial Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Sinopac Financial Holdings use for Scope 2 reporting?
In 2023, Sinopac Financial Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.
Sinopac Financial Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Sinopac Financial Holdings's Value Chain Emissions
In 2023, Sinopac Financial Holdings reported 3,384,058.17 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 Sinopac Financial Holdings includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Sinopac Financial Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Sinopac Financial Holdings's Scope 3 emissions?
In 2023, Sinopac Financial Holdings reported total Scope 3 emissions of 3,384,058.17 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.
Has Sinopac Financial Holdings reduced its Scope 3 emissions over time?
Since 2020, Sinopac Financial Holdings's Scope 3 emissions have increased by 68,355.26%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Sinopac Financial Holdings's Scope 3 emissions increased by 47,189.4%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Sinopac Financial Holdings disclose?
In 2023, Sinopac Financial Holdings reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Sinopac Financial Holdings's Scope 3 emissions?
In 2023, the largest contributors to Sinopac Financial Holdings's Scope 3 emissions were:
- Investments (Cat. 15): 3,374,742 tCOâ‚‚e (99.72%)
- Fuel- and Energy-Related Services (Cat. 3): 3,026.79 tCOâ‚‚e (0.09%)
- Upstream Leased Assets (Cat. 8): 2,274.7 tCOâ‚‚e (0.07%)
Sinopac Financial Holdings's Scope 3 Emissions by Categories
Insights into Sinopac Financial Holdings's Total Carbon Footprint
In 2023, Sinopac Financial Holdings reported a total carbon footprint of 3,402,682.74 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12,747.71% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Sinopac Financial Holdings's total carbon footprint was Scope 3 emissions, accounting for 99.45% of the company's total carbon footprint, followed by Scope 2 emissions at 0.5%.