The Company's own operations GHG emissions mainly come from the operation of building facilities, purchased electricity, gasoline used by company vehicles, and natural gas used in employee cafeterias.
In line with our approved SBTi targets, KGI Financial Holding Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year. In 2025, Scope 1 and 2 GHG emissions were 17,044.77 tCO2e, a reduction of 32.04%
KGI Financial closely monitors developments in climate-related regulations and decarbonization trends, and proactively adjusts internal policies in response to regulatory authorities’ guidance on decarbonization targets and strategic planning for the financial sector. To achieve Net Zero in own operations, the Group expects to expand the use of renewable energy, which is likely to result in increased operating costs.
- 2025 Goals: Reduce 15.75% emissions from 2022
- Mid to Long-term Goals: Reduce emissions 42% by 2030 and 90% by 2040
- Reduced emissions through energy-saving measures, renewable energy, and site consolidation.
- Installed solar panels and procured RE.
- Reduced 32.04% emissions in 2025
| 2022 (Base year) |
2023 |
2024 |
2025 | 2025 Target | |
|---|---|---|---|---|---|
| Scope 1 | 1,124.07 | 1,452.67 |
1,525.41 |
1,641.00 | 3,346.02 |
| Scope 2 (Market-based) |
23,956.08 | 20,415.24 |
17,870.05 |
1,5403.77 | 17,784.01 |
| Scope 2 (Location- based) |
23,956.08 | 20,894.19 |
22,224.04 |
20,090.17 | 22,001.80 |
| Scope 1 & 2 (Market-based) |
25,080.15 | 21,867.92 |
19,395.46 |
1,7044.77 |
21,130.03 |
| Inventory Coverage | 100.00% | 98.99% |
100.00% |
100.00% |
|
| Verification Coverage | 96.14% | 98.99% |
100.00% |
100.00% |
Note:
- 2025 target is to achieve an absolute reduction target of Scope 1+2 under the SBT of KGI Financial, reducing by 15.75% compared to 2022 (base year). Scope 2 (location-based) target aligns with the electricity-saving target.
- We use GHG Protocol, and GHG Inventory Registration Operation Guidelines as the GHG inventory method. GWP value is cited from the 2023 IPCC AR6 report; the emission factors are cited from the Greenhouse Gas Emission Coefficient Management Table version 6.0.4 published by MOENV.
- GHG types include: CO2, CH4, N2O, HFCs, PFCs, SF6, and NF3
- The emission factors for electricity usage applied were 0.474 kgCO₂e/kWh (MOEA Energy Administration 2024 factor, used for calculating 2025 emissions), 0.494 kgCO₂e/kWh (2023 factor, used for 2024), 0.495 kgCO₂e/kWh (2022 factor, used for 2023), and 0.509 kgCO₂e/kWh (2021 factor, used for 2022).
- Per capita emission = total emission / number of total employees, total employees including permanent employees, contract employees and dual-contract personnel.
- The 2025 inventory includes all KGI Financial and subsidiaries global sites
- The operational control method is used as the method for consolidating the amount of greenhouse gases
We actively develop and promote feasible energy-saving and carbon reduction plans, respond to green energy policies, reduce environmental impact, and pursue sustainable and balanced development with the environment. The company have successively introduced the ISO 50001 energy management system in the KGI Securities Dazhi Building, KGI Financial Headquarter Building, and the KGI Bank Kaohsiung, Chienkang, and Tungmen branches, and maintained the validity of the certificates. We are committed to improving energy performance while reducing emissions.
In 2025, KGI Financial purchased and used 9,887.0 MWh and self-generated 83.5 MWh of renewable energy, totaling 9,970.5 MWh of renewable energy, accounting for approximately 23.17% of KGI Financials' total electricity consumption, equivalent to a reduction of 4,726.02 tCO2e.
Electricity
- 2025 Goals : Annual electricity savings of 1%
- Mid to Long-term Goals : Continue Annual electricity savings of 1%
- Replaced high-efficiency lighting and Inverter air conditioning equipment
- Adjusted energy-consuming equipment settings
- Reduced total electricity consumption by 5.88% compared to 2024
- Used 9,970.5 MWh of renewable energy in 2025
Fuel-and-energy-related Activities
- 2025 Goals : Reduce 9.4% emissions from 2022
- Mid to Long-term Goals : Reduce 25% emissions by 2030 and 90% by 2040
- Actively procuring RE
- Improved energy efficiency
- Reduced 25.21% emissions in 2025
| Electricity Consumption | 2022 (Base year) |
2023 |
2024 |
2025 | 2025Target |
|---|---|---|---|---|---|
|
Non- renewable Energy |
40,028.2 | 40,834.9 |
35,808.1 |
32,246.3 |
35,450.0 |
|
Renewable Energy |
526.3 | 5,049.0 |
8,898.3 |
9,970.5 |
8,898.3 |
|
Coverage (%) |
96.14% | 98.99% |
100.00% |
Note:
- Coverage = Number of employees within the inventory scope / Total number of employees, total employees including permanent employees, contract employees and dual-contract personnel.
- "1% goal reduction in purchased electricity target compared to 2024", estimated that the target value be achieved in 2025 = total consumption in 2024 x 99% (projected reduction of 1%)
- The 2025 inventory includes all KGI Financial and subsidiaries global sites.
- 2025 Energy intensity = Energy consumption within the organization (fuel and electricity) / Total number of employees = 1.37 GJ, 1 MWh = 3.6 GJ
The Company places great importance on water resource management, setting targets for water conservation, water quality, and wastewater management. It continuously implements various water-saving and optimization measures to ensure water safety. At the same time, the Company has included water pollution-related indicators into the long-term compensation performance evaluation mechanism for chief sustainability officer (CSO), strengthening water resource risk management through governance.
KGI Financial primarily uses water for drinking, air conditioning, and cleaning purposes. All water is sourced from the local municipal water supply, with no use of groundwater or alternative water sources. The Company’s main office building is equipped with sensor-activated urinals, and water-saving devices have been installed on faucets in restrooms and pantries to enhance water use efficiency. Drinking water undergoes quarterly quality testing to ensure compliance with relevant water standards. When replacing or upgrading equipment, the Company prioritizes the use of water-saving certified devices to reduce overall water intensity. To more effectively utilize water resources, KGI Financial headquarter building has installed water meters in public areas to monitor water flow. The increase in water usage was primarily for enhancing the landscaping around KGI Financial headquarter building, further improving environmental quality.
In addition, oil-water separation facilities have been installed in the cafeterias to reduce the impact of wastewater. In 2025, the Company did not experience any incidents of water or sewage leakage, nor was it subject to any penalties from regulatory authorities related to water pollution issues.
| 2022 (Base year) |
2023 |
2024 |
2025 | 2025 Target | |
|---|---|---|---|---|---|
| Total Water Withdrawal (Million m3) | 0.21 | 0.22 |
0.23 |
0.25 | 0.23 |
| Total Water Withdrawal per Capita (m3 per capita) | 24.7 | 25.3 |
23.9 |
24.9 | 22.8 |
| Coverage (%) | 63.6 | 66.5 |
70.9 |
71.9 | - |
Note:
- KGI Financial mainly uses water for domestic use, and the volume of freshwater withdrawal is equal to the volume of water discharged, so the net consumption of freshwater is 0.
- Total water withdrawal per capita = Total water withdrawal / number of total employees, total employees including permanent employees, contract employees and dual-contract personnel.
- "Target reduction ratio by 1% compared to 2024", 2025 target = total water withdrawal in 2024 x 99% (projected reduction of 1%) ÷70.9% x 71.9% (additional scope of the inventory).
- The increase in water usage was primarily for enhancing the landscaping around KGI Financial headquarter building, further improving environmental quality.
- The 2025 inventory includes all KGI Financial and subsidiaries global sites (Except of KGI Life communication offices)
KGI Financial mainly generates general household waste from its operations. We strengthen the promotion of waste reduction and recycling to maximize the utilization of recycled resources. All waste are transported to incinerators or recycling facilities by qualified contractors. Paper waste is managed by the responsible department according to the document destruction policy and is handed over to qualified processing contractors for water destruction.
- Implemented waste recycling statistics
- Used ceramic tableware and a buffet-style serving in employee cafeterias
- Total recycling reached 256.3 metric tons
- KGI Financial employee cafeterias served a total of 503,495 meals, contributing to waste reduction efforts.
| 2022 | 2023 |
2024 |
2025 | ||
|---|---|---|---|---|---|
| Total waste recycled/ reused | 247.7 | 291.8 |
314.7 |
256.3 | |
| Non-recycled/reused |
landfilled |
9.8 | 18.8 |
43.6 |
32.3 |
| Waste incinerated (with Energy Recovery) | 415.1 | 479.6 |
969.3 |
994.2 | |
| Waste incinerated (without Energy Recovery) | - | - | 14.1 | 55.9 | |
| Other | - | - | - | - | |
| Total waste disposed | 424.9 | 498.4 |
1,027.0 |
1082.48 | |
| Coverage | 99.93% | 93.81% |
100% |
100% | |
Note:
- According to the MOENV's 2025 Yearbook of Environmental Protection Statistics, the domestic average waste disposal method consists of incineration for power generation (averaging 95.2% in 3 years) and landfill (averaging 4.8% in 3 years). The table calculates the incineration and landfill quantity according to this ratio.
- The 2025 inventory includes all KGI Financial and subsidiaries global sites.
- Coverage of inventory = Number of employees in the scope of inventory / Total number of employees of the Company.
- KGI Financial transports, recycled/reuse wastes through legitimately registered companies for disposal at the resource recycling plant registered with the government. Non-recyclable wastes shall be transported through legitimately registered companies for disposal at the treatment agency or landfill registered with the government.