Union Bank of Taiwan

Country
Taiwan
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
2838
Exchange
TAIWAN STOCK EXCHANGE
Description
Union Bank of Taiwan is a prominent player in the Taiwanese banking sector, providing a diverse range of financial services to meet the needs of individuals, businesses, and institutional clients. The...

Union Bank of Taiwan's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Union Bank of Taiwan’s Climate Targets Data

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a. Union Bank of Taiwan's Sustainability Report 2024
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Insights into Union Bank of Taiwan's Greenhouse Gas Emissions Pathways

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

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

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

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

20232024203002 k4 k6 k8 kCurrent (-3%)Target 2030 (-42%)
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