Potential offtaker

CTBC Financial Holding Co., Ltd.

www.ctbcholding.com

Estimated electricity consumption

N/A

Countries of production presence

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CTBC Financial Holding Co., Ltd. is a leading financial institution in Taiwan that operates in the banks sector. The company is committed to sustainable development and has made significant efforts to reduce its carbon footprint through decarbonisation initiatives and the adoption of renewable energy sources.

Decarbonisation is a key focus for CTBC Financial Holding Co., Ltd. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of measures to achieve this goal. These include investing in energy-efficient technologies, reducing energy consumption, and promoting sustainable practices across its operations.

One of the key ways that CTBC Financial Holding Co., Ltd. is reducing its carbon footprint is through the adoption of renewable energy sources. The company has invested in a range of renewable energy projects, including solar, wind, and hydroelectric power. These projects not only help to reduce the company's carbon emissions but also provide a reliable and sustainable source of energy.

In addition to investing in renewable energy projects, CTBC Financial Holding Co., Ltd. is also exploring corporate power purchase agreements (PPAs) as a way to further reduce its carbon footprint. Corporate PPAs allow companies to purchase renewable energy directly from a generator, providing a long-term, stable source of renewable energy. By entering into these agreements, CTBC Financial Holding Co., Ltd. can reduce its reliance on fossil fuels and help to accelerate the transition to a low-carbon economy.

Corporate energy management is another important area of focus for CTBC Financial Holding Co., Ltd. The company has implemented a range of energy-saving measures across its operations, including the use of energy-efficient lighting, HVAC systems, and building automation systems. These measures not only help to reduce the company's carbon footprint but also result in significant cost savings.

CTBC Financial Holding Co., Ltd. is also committed to promoting sustainable practices across its supply chain. The company works closely with its suppliers to ensure that they meet its sustainability standards and has implemented a range of initiatives to reduce the environmental impact of its supply chain. These include reducing packaging waste, promoting sustainable transportation, and encouraging suppliers to adopt sustainable practices.

Overall, CTBC Financial Holding Co., Ltd. is a leader in the financial sector when it comes to sustainability and decarbonisation. The company's commitment to renewable energy, corporate PPAs, and energy management has helped to reduce its carbon footprint and promote sustainable practices across its operations. As the world continues to transition to a low-carbon economy, CTBC Financial Holding Co., Ltd. is well-positioned to play a leading role in this important transformation.

✓ Science Based Targets member
✓ Declared Net Zero commitment