2024 Results of Sustainability Initiatives
Green power coverage reached 67% across business locations, with Fubon Insurance’s Penghu Sales Office becoming the first offshore location in Taiwan’s financial sector to adopt green electricity.
Carbon Reduction Achieved
Total electricity consumption reduced by 8% compared to 2023; together with green electricity adoption, leading to a total carbon reduction of 1,219 tCO₂e.
We insured nearly 20% of all solar power sites and about 50% of privately owned onshore wind turbines in Taiwan, and participated in every offshore wind power insurance project.
Billion in Green Investments
The outstanding balance of investments in low-carbon, green technology, and green bonds reached NT$13.9 billion.
Efforts in developing innovative insurance technologies obtained 6 utility model patents and 1 invention patent.
The application rate for electronic compulsory insurance certificates and e-policies reached 78.5%, saving 265 metric tons of paper.
78 Fubon Insurance babies were born, which is 4.7 times the crude birth rate of Taiwan, with total maternity and childcare subsidies amounting to NT$18.72 million.
We published themed risk picture books on marine conservation and insurance fraud; held 37 outreach events, reaching 4,021 participants.
Written premiums reached NT$64.5 billion, with a market share of 23.9%, retaining leadership in the market.
We were ranked top 25% in FSC’s 2nd Sustainable Finance Evaluation under the non-life insurance category.
We were ranked top 25% in FSC’s Treating Customers Fairly Principles Evaluation.
We were selected to be included in the list of companies with better institutional investor stewardship disclosure.
