Taiwan Cooperative Financial Holding Co Ltd

Common Name
TCFHC
Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
9,678
Ticker
5880
Exchange
TAIWAN STOCK EXCHANGE
Description
Taiwan Cooperative Financial Holding Co., Ltd. is a premier financial institution within Taiwan's banking sector. Its primary function is to provide comprehensive financial services, including commerc...

TCFHC's Climate Target Data Preview

As of 2023, TCFHC has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target 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 TCFHC ’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
2032
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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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
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
*. 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 TCFHC’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 TCFHC’s data sources below and access millions more through our Disclosure Search.

a. TCFHC's Sustainability Report 2023
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Insights into TCFHC's Greenhouse Gas Emissions Pathways

As of 2023, TCFHC 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 TCFHC have a target to reduce the emissions from its operations?

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

TCFHC's most ambitious operational target is to reduce these emissions by 50.4% by 2032, compared to a baseline of 27,737.88 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2023, TCFHC is ahead of schedule on its operational emissions reduction target, having achieved 37.6% of the planned reduction. a

TCFHC's Operational (Scope 1+2) Emissions Pathway

20212023203207 k14 k21 k28 kBaselineCurrent (-19%)Target 2032 (-50%)
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