Sinopac Financial Holdings
Sinopac Financial Holdings, a prominent player in the financial services sector, is headquartered in Taipei, Taiwan (TW). Established in 1992, the company has evolved into a comprehensive financial institution, offering a diverse range of services including banking, securities, and asset management. Sinopac is recognised for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. With a strong presence in Taiwan and expanding operations across Asia, Sinopac Financial Holdings has achieved significant milestones, including strategic partnerships and technological advancements that enhance customer experience. The company’s core offerings, such as wealth management and investment services, are distinguished by their customer-centric approach and commitment to excellence. Sinopac's market position is bolstered by its reputation for reliability and integrity, making it a trusted choice in the competitive financial landscape.
DitchCarbon Score
How does Sinopac Financial Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sinopac Financial Holdings's score of 44 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sinopac Financial Holdings's reported carbon emissions
In 2023, Sinopac Financial Holdings reported total carbon emissions of approximately 15,082,200 kg CO2e from Scope 1, 15,401,450 kg CO2e from Scope 2, and 3,468,710 kg CO2e from Scope 3 emissions. This represents a significant commitment to transparency in their carbon footprint across all scopes of emissions. The company has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, covering all scopes of emissions. As of 2021, their portfolio targets encompassed about 11% of total investments and lending by total assets. Required activities accounted for 12% of these investments, while optional activities made up 49%, and out-of-scope activities constituted 39%. Sinopac is also aligned with the Science Based Targets initiative (SBTi), having committed to targets consistent with limiting global warming to 1.5°C. They have set near-term targets for 2030 and are on track to meet their commitments, although they have not specified overall reduction percentages. Overall, Sinopac Financial Holdings demonstrates a proactive approach to managing and reducing its carbon emissions, reflecting a growing trend among financial institutions to address climate change through measurable actions and commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 954,920 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,029,810 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 218,710 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sinopac Financial Holdings is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
