Cathay Securities, a prominent player in the Taiwanese financial services sector, is headquartered in Taipei, Taiwan (TW). Established in 1995, the company has steadily evolved, becoming a key provider of brokerage and investment services across the Asia-Pacific region. With a strong focus on wealth management, asset management, and securities trading, Cathay Securities distinguishes itself through its innovative financial solutions and commitment to client satisfaction. The firm has achieved significant milestones, including the expansion of its service offerings and a robust digital platform that enhances user experience. Renowned for its comprehensive research and analysis capabilities, Cathay Securities holds a competitive market position, catering to both individual and institutional investors. As a trusted name in the industry, it continues to set benchmarks for excellence in financial services.
How does Cathay Securities'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.
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.
Cathay Securities's score of 49 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cathay Securities reported total carbon emissions of approximately 56340 kg CO2e for Scope 1, 465490 kg CO2e for Scope 2 (market-based), and 42740 kg CO2e for Scope 3. The combined total for Scope 1 and 2 emissions (market-based) was about 521830 kg CO2e. This reflects a slight increase in Scope 1 emissions from 2022, which were approximately 55720 kg CO2e, while Scope 2 emissions (market-based) decreased from about 999230 kg CO2e in 2022. Cathay Securities has set ambitious reduction targets, aiming to reduce Scope 1 and 2 greenhouse gas emissions cumulatively by 30% by 2025, using 2020 as the baseline year. Additionally, they plan to achieve a 42% reduction by 2030. These targets demonstrate a commitment to significant emissions reductions in the near term, aligning with industry standards for climate action. Overall, Cathay Securities is actively working towards lowering its carbon footprint and enhancing its sustainability practices, with a clear focus on reducing emissions across its operations.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 52,990 | 00,000 | 00,000 | 00,000 |
Scope 2 | 1,153,260 | 0,000,000 | 000,000 | 000,000 |
Scope 3 | 13,470 | 0,000 | 00,000 | 00,000 |
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.
Cathay Securities is not participating in any 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.