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 GHG Emissions Data Preview

In 2023, TCFHC 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).

TCFHC has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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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 TCFHC's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of TCFHC amounted to 22,480.8 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 TCFHC decreased by 13.73%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

TCFHC's Scope 1 Emissions Over Time

202020212022202307001.4 k2.1 k2.8 ktCO2e+374%+6%+2%
  • Total Scope 1
  • Year-over-Year Change

What are TCFHC's Scope 1 emissions?

In 2023, the total Scope 1 emissions of TCFHC were 2,781.54 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has TCFHC reduced its Scope 1 emissions over time?

Since 2020, TCFHC's Scope 1 emissions have increased by 411.77%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), TCFHC's Scope 1 emissions increased by 2.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are TCFHC's Scope 2 emissions?

In 2023, TCFHC reported Scope 2 greenhouse gas (GHG) emissions of 19,699.26 tCOâ‚‚e using the location-based method.

Has TCFHC reduced its Scope 2 emissions over time?

Since 2020, TCFHC's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 115.49%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), TCFHC's Scope 2 emissions (Location-Based) fell by 15.6% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does TCFHC use for Scope 2 reporting?

In 2023, TCFHC reported its Scope 2 emissions using the location-based method.

TCFHC's Scope 2 Emissions Over Time

202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based

Insights into TCFHC's Value Chain Emissions

In 2023, TCFHC reported 14,231,773.82 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 TCFHC includes a breakdown across 12 of 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.

TCFHC's Scope 3 Emissions Over Time

202020212022202304 M8 M12 M16 MtCO2e+13%+36%+120%
  • Total Scope 3
  • Year-over-Year Change

What are TCFHC's Scope 3 emissions?

In 2023, TCFHC reported total Scope 3 emissions of 14,231,773.82 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.86% came from downstream activities like product use, distribution, and end-of-life treatment.

Has TCFHC reduced its Scope 3 emissions over time?

Since 2020, TCFHC's Scope 3 emissions have increased by 237.65%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), TCFHC's Scope 3 emissions increased by 119.85%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does TCFHC disclose?

In 2023, TCFHC reported emissions for 12 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 TCFHC's Scope 3 emissions?

In 2023, the largest contributors to TCFHC's Scope 3 emissions were:

  • Investments (Cat. 15): 14,210,397 tCOâ‚‚e (99.85%)
  • Capital Goods (Cat. 2): 8,269.51 tCOâ‚‚e (0.06%)
  • Employee Commuting (Cat. 7): 6,789.37 tCOâ‚‚e (0.05%)

TCFHC's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.8%)

Insights into TCFHC's Total Carbon Footprint

In 2023, TCFHC reported a total carbon footprint of 14,254,254.62 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 119.32% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to TCFHC's total carbon footprint was Scope 3 emissions, accounting for 99.84% of the company's total carbon footprint, followed by Scope 2 emissions at 0.14%.