Based on the vision of "Fulfillment of a Beautiful Life Through Finance", SinoPac Holdings has upheld the four sustainable development missions, namely Ethics and Decency, Wealth Building, Environmental Sustainability, and Social Responsibility, and set five sustainability themes, namely Fulfillment of Trustworthy Governance, Fulfillment of Innovative Service, Fulfillment of Healthy Workplace, Fulfillment of Green Operations, and Fulfillment of Inclusive Growth, based on three aspects of sustainable development including environment, society, and corporate governance (ESG). SinoPac Holdings has taken concrete actions by establishing a roadmap for sustainable development, along with short-term, medium-term, and long-term action plans to fulfill its corporate social responsibility.
To fulfill trustworthy governance, SinoPac Holdings is committed to establishing a corporate culture of fair, honest, and transparent management, abiding by the ethical and decent core value, and optimizing the governance mechanism. To fulfill innovative services, SinoPac Holdings assists customers in achieving sustainable management, including passing on wealth from one generation to the next generation and establishing a prosperous financial ecosystem in a more responsible and sustainable manner. To fulfill a healthy workplace, SinoPac Holdings encourages employees to be positive from the heart and motivate each other, and awards outstanding employees as the Employee of the Year in order to create a positive work culture and growing mindsets among employees. SinoPac has also established an environmental management system to mitigate environmental impacts and discuss environmental and climate issues with different stakeholders, so as to fulfill green operation within and beyond the company. Upholding the spirit of giving back to society, SinoPac Holdings has leveraged its core competence in financial industry to support local communities to fulfill inclusive growth.
SinoPac Holdings took further action by linking the United Nations' Sustainable Development Goals (SDGs) and Taiwan's Sustainable Development Goals set by the National Sustainable Development Network with the five sustainability themes, focusing on three major sustainability commitments, namely Reduce Inequality, Mitigate and Adapt to Climate Change, and Promote Inclusive Growth, and developing concrete action plans in response to the eight SDGs, including SDG1 (No Poverty), SDG 3 (Good Health and Well-Being), SDG 4 (Quality Education), SDG 5 (Gender Equality), SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), SDG 12 (Responsible Consumption and Production), and SDG 13 (Climate Action). SinoPac Holdings is committed to promoting sustainable and inclusive economic growth, social development, and environmental protection, so as to eliminate any form of inequality within and beyond the organization. SinoPac is doing its best to protect the basic rights and interests of every person, regardless of gender, wealth, race, so as to achieve social justice. SinoPac Holdings also strives to combat climate change, continuously reduces carbon emissions in cooperation with internal and external stakeholders, and develops eco-friendly financial products that promote energy transformation. SinoPac addresses itself to the common good and mutual benefit for the stakeholders and promotes inclusive growth through products and services, procurement, employee caring, and charities.
Sustainable Finance Blueprint
The Customer Relations Team of SinoPac Holdings is responsible for developing a roadmap for sustainable financial products. In response to the three sustainable commitments of SinoPac Holdings to "Eliminate Inequality," "Mitigate and Adapt to Climate Change" and "Promote Inclusive Growth", the Team has formulated four action plans, namely improving accessibility to financial services, supporting the development of the renewable energy industry, raising climate awareness - customers, and supporting the development of small and medium enterprises (SMEs). SinoPac Holdings promotes sustainable finance with its core businesses, continuously guiding the market and clients to consider environmental protection and social issues by establishing responsible investment and lending practices.
SinoPac Holdings actively responds to the long-term international trend of financial sustainability and practice the investor stewardship. SinoPac Securities have signed the compliance statement on the Stewardship Principles for Institutional Investors.
In addition, to protect the environment and conserve energy, and in conjunction with the government's effort in promoting renewable energy, SinoPac Holdings has successively worked with its subsidiaries to exert their financial influence and facilitate the green industrial chain through the integration of core financial businesses. With an aim to establish a green financial ecosystem, SinoPac Holdings developed related products and services, including green bonds, green financing, green investment and green funds.