Fubon Life was Honored to be Listed in the Highest Hall in Taiwan at the 1st Term Sustainable Finance Assessment Award Ceremony
Drive the Sustainable Financial Ecosystem Comprehensively & Achieve a Common Sustainable Future
On February 23, the Financial Supervisory Commission (FSC) held the "1st term Sustainability Financial Assessment" award ceremony at the Jingye Hall of Taiwan Academy of Banking and Finance. Fubon Life, along with 11 financial institutions ranked in the top 20% of the insurance, banking, and securities industries, was honored with the award by Tien-Mu Huang, Chairperson of the FSC. The Sustainability Assessment is based on a number of international sustainability standards and the progress of sustainable development of the domestic financial and insurance industry, and is complemented by the existing corporate governance assessment indicators, which provides an assessment mechanism that is compatible with domestic and international trends in the development of sustainable finance. Fubon Life was honored to rank among the top 20% of the insurance industry, which demonstrates that Fubon Life is actively aligned with the international community in terms of its key indicators in the areas of the environment, society, and governance, and that the company is demonstrating impressive results in the promotion of these issues.
Fubon Life Insurance has been Certified by the Financial Supervisory Commission as an Excellent Sustainable Performer & Commits to Build a Common Sustainable Future
Shr-Iue Chen, President of Fubon Life, said, "Sustainability” is a critical issue for the coexistence of human beings and the earth. Fubon Life, with the goal of achieving sustainable development as its core value, is determined to play an important role in the process of sustainable development by utilizing the insurance industry's intrinsic qualities of enhanced management and risk reduction. The fact that Fubon Life was recognized by the organizers and judges for ranking in the top tier of many indicators in this year's Sustainable Finance Assessment reflects Fubon Life's all-round commitment to ESG issues such as climate risk management, net-zero transformation, carbon reduction and energy conservation, financial inclusion, human rights and human resources development, as well as information security and transparency, etc. Fubon Life will continue to work hard in the future in order to build a "common sustainable future".
Fubon Life has aligned itself with world-class sustainability standards and refined its ESG practices in various aspects, including the launch of paperless mobile insurance, the promotion of e-policy, and the collaboration with value chain partners to promote sustainable transformation. Fubon Life also promotes sustainability policies from top to bottom through the “Sustainable Development Committee” under the Board of Directors, which raises the decision-making level and links the Board of Directors' and senior executives' performance indicators with the ESG to demonstrate the importance it attaches to sustainability issues. On the other hand, Fubon Life adheres to the concept that "sustainable management is an important cornerstone of corporate growth" and regards its employees as the seeds of sustainable development. In addition to providing competitive salary and benefits and organizing a variety of employee-friendly and healthy activities to create a happy workplace for retention of talents, Fubon Life also continues to provide support for social care and actively promotes the conservation of rivers, advocates for equal rights, and pays attention to health care in rural areas and other diverse friendly services and actions.
Expect to Perform Benchmark Function & Drive the Sustainable Financial Ecosystem
The results of this assessment highlight Fubon Life's solid performance in actively reducing carbon emissions, promoting diversity and inclusiveness, and strengthening governance transparency. This achievement demonstrates Fubon Life's sustainable corporate resilience and also demonstrates the company's proactive response to global sustainable development. The recognition of this assessment by the FSC further inspires Fubon Life to continue to move towards sustainable development and become a benchmark for sustainability in the future!
In the future, we will continue to emphasize sustainability as our core value, and we are committed to continuing to comply with international sustainability standards. Through continuous innovation and efforts, we will proactively promote the sustainable development of the financial industry and create the impact of a sustainable value chain for our customers, shareholders, employees and the community. By utilizing the power of investment and financing, and by performing the function of a sustainable benchmark for the industry, we will assist the government in accelerating the construction of a sustainable financial ecosystem in Taiwan, and become a benchmark enterprise for sustainable finance to lead the Run For GreenTM in Taiwan.