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Taiwan Business Bank Ltd

Common Name
Taiwan Business Bank
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
5,923
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 GHG Emissions Data Preview

In 2023, Taiwan Business Bank 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).

Taiwan Business Bank has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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a
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Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=2834&reporting_period=2024"

Verified Sources Behind Taiwan Business Bank’s Greenhouse Gas (GHG) Emissions 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
a. Taiwan Business Bank's Sustainability Report 2023
b. Taiwan Business Bank's ESG Report 2022
b. Taiwan Business Bank's ESG Report 2022

Insights into Taiwan Business Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofTaiwan Business Bank amounted to11,584.019metric 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).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Taiwan Business Bankdecreased by 5.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Taiwan Business Bank's Scope 1 Emissions Over Time

2019202020212022202303006009001.2 ktCO2e-1%+593%+10%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Taiwan Business Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Taiwan Business Bank were 1,155.201 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Taiwan Business Bank reduced its Scope 1 emissions over time?

Since 2019, Taiwan Business Bank's Scope 1 emissions have increased by 645.75%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2022), Taiwan Business Bank's Scope 1 emissions decreased by 1.57%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Taiwan Business Bank's Scope 2 emissions?

In 2023, Taiwan Business Bank reported Scope 2 greenhouse gas (GHG) emissions of 10,428.817 tCOâ‚‚e using the market-based method and 10,428.817 tCOâ‚‚e using the location-based method.a

Has Taiwan Business Bank reduced its Scope 2 emissions over time?

Compared to the previous year(2022), Taiwan Business Bank's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Taiwan Business Bank's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Taiwan Business Bank use for Scope 2 reporting?

In 2023, Taiwan Business Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a

Taiwan Business Bank's Scope 2 Emissions Over Time

2019202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Taiwan Business Bank's Value Chain Emissions

In 2023, Taiwan Business Bank reported 2,918.222 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Taiwan Business Bank includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Taiwan Business Bank's Scope 3 Emissions Over Time

20212022202307501.5 k2.25 k3 ktCO2e+10%+13%
  • Total Scope 3
  • Year-over-Year Change

What are Taiwan Business Bank's Scope 3 emissions?

In 2023, Taiwan Business Bank reported total Scope 3 emissions of 2,918.222 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0%of these emissions originated from upstream activities such as purchased goods and capital goods, while 100%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2022), Taiwan Business Bank's Scope 3 emissions increased by 12.58%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Taiwan Business Bank disclose?

In 2023, Taiwan Business Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Taiwan Business Bank's Scope 3 emissions?

In 2023, the largest contributors to Taiwan Business Bank's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 2,873.519 tCOâ‚‚e(100%)

Taiwan Business Bank's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into Taiwan Business Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Taiwan Business Bank reported Scope 1 greenhouse gas (GHG) emissions of 1,155.201 tCOâ‚‚e and total revenues of USD 1,039 millions. This translates into an emissions intensity of 1.11 tCOâ‚‚e per millions USD.a

Taiwan Business Bank's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)HKFEMHICKTCTChina Man-Made FiberYear: 2024Scope 1: 350,717 tCO2eRevenue: $M 1,263Scope 1 Intensity: 277.79 tCO2e/$MHHHotai FinanceYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 934Scope 1 Intensity: 1.54 tCO2e/$MKKKing's Town BankYear: 2023Scope 1: 304 tCO2eRevenue: $M 320Scope 1 Intensity: 0.95 tCO2e/$MFFFirst Financial HoldingYear: 2024Scope 1: 2,829 tCO2eRevenue: $M 2,188Scope 1 Intensity: 1.29 tCO2e/$MEEE.SUN Financial HoldingYear: 2024Scope 1: 2,403 tCO2eRevenue: $M 2,298Scope 1 Intensity: 1.05 tCO2e/$MMMMega Financial HoldingYear: 2024Scope 1: 2,639 tCO2eRevenue: $M 2,503Scope 1 Intensity: 1.05 tCO2e/$MHHHua Nan Financial HoldingsYear: 2024Scope 1: 2,552 tCO2eRevenue: $M 2,009Scope 1 Intensity: 1.27 tCO2e/$MIIIBF Financial HoldingsYear: 2023Scope 1: 349 tCO2eRevenue: $M 239Scope 1 Intensity: 1.46 tCO2e/$MCTBC Financial HoldingYear: 2024Scope 1: 4,959 tCO2eRevenue: $M 5,925Scope 1 Intensity: 0.84 tCO2e/$MCCChailease HoldingYear: 2024Scope 1: 4,868 tCO2eRevenue: $M 710Scope 1 Intensity: 6.85 tCO2e/$MO-BankYear: 2023Scope 1: 287 tCO2eRevenue: $M 304Scope 1 Intensity: 0.94 tCO2e/$MKKKGI Financial HoldingYear: 2024Scope 1: 1,525 tCO2eRevenue: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$MSCSBYear: 2024Scope 1: 2,332 tCO2eRevenue: $M 1,561Scope 1 Intensity: 1.49 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MCCCapital SecuritiesYear: 2024Scope 1: 404 tCO2eRevenue: $M 619Scope 1 Intensity: 0.65 tCO2e/$MYuanta Financial HoldingYear: 2024Scope 1: 1,125 tCO2eRevenue: $M 3,686Scope 1 Intensity: 0.31 tCO2e/$MFEIBYear: 2023Scope 1: 307 tCO2eRevenue: $M 414Scope 1 Intensity: 0.74 tCO2e/$MSinopac Financial HoldingsYear: 2024Scope 1: 1,439 tCO2eRevenue: $M 1,941Scope 1 Intensity: 0.74 tCO2e/$MTTTS Financial HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 2,644Scope 1 Intensity: 0.73 tCO2e/$MTaiwan Business BankYear: 2023Scope 1: 1,155 tCO2eRevenue: $M 1,039Scope 1 Intensity: 1.11 tCO2e/$M

How does Taiwan Business Bank's GHG emissions intensity compare to its peers?

In 2023, Taiwan Business Bank reported a Scope 1 emissions intensity of 1.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Taiwan Business Bank rank on GHG emissions intensity within its industry?

In 2023, Taiwan Business Bank ranked 13 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Taiwan Business Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Taiwan Business Bank's Total Carbon Footprint

In 2023, Taiwan Business Bank reported a total carbon footprint of 14,502.24 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.12% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Taiwan Business Bank's total carbon footprint was Scope 2 emissions, accounting for 71.91% of the company's total carbon footprint, followed by Scope 3 emissions at 20.12%.a

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