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Energy Conservation & Carbon Reduction

Year
As a financial service provider, CDF has the bulk of GHG emissions resulting from externally purchased electricity as well as gasoline and natural gas consumed by facilities and vehicle fleet. In 2016, CDF kicked off the ISO 14064-1 GHG inventory and verification (Scope 1 and Scope 2). Since 2017, CDF has expanded the scope of GHG inventory and verification, and in 2019 covered major buildings, or 62.1% of employees. To effectively control GHG emissions, we have not only expanded the scope of coverage but also expanded the scale for indirect emissions (Scope 3). In 2019, GHG inventory covered all domestic facilities, with total emissions (Scope 1 and Scope 2) down 1,597.10 metric tons CO2e from 2016 or by 7.2% (meeting the medium-term objective of 2% reduction), and per-capita emissions were down by 8.0%.
Target
Project
Performance
Target
  • Expand the scope of ISO 14064-1 GHG inventory and verification (Scope 1 and Scope 2)
  • Pass the third-party annual certification of ISO 14001 (environmental management system)
Project
  • Promote energy-conservation and carbon- reduction programs in the workplace
  • Continue expanding the certification of ISO 14064-1 (greenhouse gas inventory)
  • Continue participating in the annual certification of ISO 14001 (environmental management system)
Performance
  • Achieved the unaudited coverage of ISO 14064-1 GHG inventory at 97.8% (Note 1) and 62.1% with verification
  • Passed the ISO 14064-1 GHG inventory and verification
  • Passed the third-party certification of ISO 14001 (environmental management system)
Achievement rate: 100%
Target
Implementation of other indirect GHG emission (Scope 3) inventory tracking
Project
  • Scale of Scope 3 GHG inventory:
  • Employees’ business trips
  • Consumption of printer paper
  • Incineration of general waste
  • Mailing
Performance
  • Emission for Scope 3: 864.46 metric tons CO2e
Achievement rate: 100%

GHG emissions (Scope 1 and Scope 2)

Unit: mt CO2e
Item 2017 2018 2019 YoY change (%)
Direct greenhouse gas (GHG)
emissions (Scope 1)
997.95
819.80
873.94
6.6%
Indirect greenhouse gas (GHG) emissions (Scope 2)
21,811.22
23,879.07
22,024.98
-7.8%
Total greenhouse gas (GHG)
emissions (Scope 1 and Scope 2)
22,809.17
24,698.87
22,898.92
-7.3%
Average emissions per person
(Scope 1 and Scope 2)
2.93
3.05
2.83
-7.0%
Total coverage of employees (%)
95.0%
97.8%
97.8%
0.0%
Note
Note 1: Coverage included overseas employees. Per-capita emissions = Total emissions within the scope of inventory/Number of employees included in the inventory.
Note 2: Based on the number of employees (including overseas employees and excluding field staff of China Life Insurance), coverage is the number of employees included in the inventory divided by the annual average number of employees provided by the Human Resources Department every month. Domestic coverage was 100%.
Note 3: In September 2017, the Company acquired a 25.33% stake in China Life Insurance through tender, with the consolidated shareholding ratio reaching 34.82%. The above data in 2019 included China Life Insurance’s data since 2016.

Breakdown of CDF personnel business travel carbon footprint

  • Flight
    55.7
    Flight
  • Taiwan High Speed Rail (THSR)
    29.2
    Taiwan High Speed Rail (THSR)
  • Taxi
    7.7%
    Taxi
  • Taiwan Railways Administration (TRA)
    7.4%
    Taiwan Railways Administration (TRA)