CTBC Bank with Evercomm revolutionises transition finance
CTBC Bank, Taiwan’s largest privately held financial institution, and Evercomm, a leading supplier of digital sustainability solutions, announced the full operational deployment of PATHMATCH, their jointly developed AI-driven transition finance engine [November 12, 2025].From proof of concept to enterprise-scale implementation, this is a significant step that will enable banks to control Scope 3 funded emissions, evaluate the decarbonisation impact of loans, and monitor the performance of portfolio transitions in real time.
Evercomm is a multi-award-winning AI-powered climate technology company. It assists organisations worldwide in managing, planning, and lowering carbon emissions. Evercomm’s decarbonisation solutions are reducing carbon emissions from the UK to Italy, from Bulgaria to Thailand, and has a significant presence in both Europe and Asia-Pacific.
Banks are under growing pressure to make choices based on data that is reliable, verifiable, and in line with changing international standards as they assume a major role in funding the sustainability transition. The tedious, resource-intensive process of pooling Scope 3 data across supply chains and the discrepancy between how banks evaluate financed emissions and how companies monitor operational emissions have long been two enduring issues with traditional approaches to transition financing.
Connecting capital to sustainability performance
PATHMATCH creates a digital foundation for reliable, comparative carbon accounting by developing a uniform, methodology-aligned approach for both perspectives. It easily connects financial organisations’ capital allocation to their clients’ sustainability performance. By utilising AI and real-time data to find bankable projects, enhance portfolio quality, and create financial instruments that reward realistic transition success, it allows banks to go beyond static compliance reporting.
Evercomm’s patented AI simulation engine, which is the foundation of PATHMATCH, is based on a thermodynamics model that models the flow of energy across industrial systems to produce scientifically accurate emissions predictions. The engine, which was created through a six-year, S$18.7 million research and development project supported by the Singaporean government and validated by 29 international journal papers, uses simulations to produce rolling forecasts and customised decarbonisation roadmaps for customers. This makes it possible for banks like CTBC to automate Scope 3 reporting for the entire portfolio, cut down on manual data processing by up to 1,500 man-hours per year, and more precisely evaluate transition risks and progress.
Ted Chen, CEO of Evercomm said,”The next chapter of transition finance is about direction and adaptability, especially in a region like ours where industrialisation continues to drive growth. Banks are at the heart of this transformation, and they need practical tools that accelerate measurable emissions reduction. We designed our engine to evolve with the market, integrating new data and technologies as they emerge. This adaptability ensures it remains relevant, scalable, and impactful, empowering banks like CTBC and many more to come, to move faster, lower emissions, and finance the transition with confidence.”
Ambition & International Climate norms
Evercomm sees digital infrastructure as the link that connects Southeast Asia’s industrial ambition and climate responsibility. The company is using its strategic location to expand PATHMATCH’s framework to banks and corporates around the region, as Singapore is a centre for sustainable finance and green-fintech innovation. While adjusting implementation to local market circumstances, the goal is to assist them in adopting internationally accepted standards like PCAF and IFRS S2.
Rachael Kao, President of CTBC Financial Holding and Chair of PCAF (Partnership for Carbon Accounting and Financials) Asia-Pacific, remarked, “As a financial institution, CTBC stands at the frontline of the sustainability transition, but our confidence is often tested by fragmented data, unverified information and constantly evolving methodologies. Since 2020, CTBC has been among the few early adopters to disclose financed emissions using PCAF methodology. Because of adopting PCAF, we can identify high-carbon exposures in our lending and investment portfolio, set achievable science-based targets in mid and long term, and shape our decarbonisation strategy that enables us to manage the progress and to make necessary adjustments along the way.”
“Beyond developing our own strategy, we are committed to driving and supporting the adoption of PCAF standards across the financial industry in the region. Together with Evercomm, we jointly developed PATHMATCH which simplified PCAF implementation, harnessing AI and advanced digitisation to manage Scope 3 financed emission and portfolio transition performance. We will be able to strengthen compliance, manage risks and accelerate sustainable financing with confidence,” she added.
Evercomm and CTBC Bank are establishing a new standard for reliable, scalable transition finance by incorporating scientific rigour into financial decision-making. PATHMATCH enables banks to operationalise transition finance with accountability, efficiency, and transparency while empowering companies to conform to international climate norms.
Picture Source: Evercomm Group