Taiwan Business Bank Ltd

Common Name
Taiwan Business Bank
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
5,753
Ticker
2834
Exchange
TAIWAN STOCK EXCHANGE
Description
Taiwan Business Bank Co., Ltd. is a commercial banking institution that plays a crucial role in Taiwan's financial services sector. It primarily focuses on providing comprehensive financial solutions ...

Taiwan Business Bank's Climate Target Data Preview

As of 2023, Taiwan Business Bank has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 Taiwan Business Bank ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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b
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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b
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment
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b
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 Taiwan Business Bank’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 Taiwan Business Bank’s data sources below and access millions more through our Disclosure Search.

a. Taiwan Business Bank's Sustainability Report 2023
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b. Taiwan Business Bank's TCFD Report 2023
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Insights into Taiwan Business Bank's Greenhouse Gas Emissions Pathways

As of 2023, Taiwan Business Bank 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 b

Does Taiwan Business Bank have a target to reduce the emissions from its operations?

As of 2023, Taiwan Business Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Taiwan Business Bank's most ambitious operational target is to reduce these emissions by 75% by 2035, compared to a baseline of 14,203.58 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a b

As of 2023, Taiwan Business Bank is ahead of schedule on its operational emissions reduction target, having achieved 24.59% of the planned reduction. a b

Taiwan Business Bank's Operational (Scope 1+2) Emissions Pathway

202020232030203504 k8 k12 k16 kBaselineCurrent (-18%)Target 2030 (-42%)Target 2035 (-75%)

Does Taiwan Business Bank have a target to reduce the emissions from its value chain?

As of 2023, Taiwan Business Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. b

Taiwan Business Bank's most ambitious value chain target is to reduce these emissions by 50.1% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per New Taiwan Dollar (NTD) of Investment in 2022. b

As of 2023, Taiwan Business Bank is ahead of schedule on its value chain emissions reduction target, having achieved 90.24% of the planned reduction. b

Taiwan Business Bank's Value Chain (Scope 3) Emissions Pathway

20222023203000000BaselineCurrent (-45%)
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