As of 2024, Union Bank of Taiwan has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Union Bank of Taiwan's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -42%a | 2030 |
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As of 2024, Union Bank of Taiwan has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2024, Union Bank of Taiwan has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Union Bank of Taiwan's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 7,795.77 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
As of 2024, Union Bank of Taiwan is lagging behind on its operational emissions reduction target, having achieved 7.07% of the planned reduction.a