Policies and Commitments

TOP
Policies and Commitments
  • Policies and Commitments

To implement the Sustainable Development Roadmap and strengthen ESG risk management mechanisms, SinoPac Securities has incorporated "climate change risks" into its "Risk Management Policy" and established the "Guidelines for the Management of Climate-Related Risks and Opportunities" in 2023. These guidelines clearly define the procedures for identifying, measuring, monitoring, and formulating mitigation or adaptation measures related to climate risks and opportunities. Additionally, the Company has conducted quantitative calculations and financial impact assessments for both physical and transition risks under various climate scenarios, and has developed corresponding response measures or monitoring mechanisms.

SinoPac Securities adheres to the "Sustainable Finance Policy" of its parent company, SinoPac Holdings, integrating the three major sustainability commitments—"eliminating inequality," "mitigating and adapting to climate change," and "promoting inclusive growth"—along with environmental, social, and governance (ESG) factors into its brokerage, proprietary trading, underwriting, international securities, bonds, and new financial products operations. The Company is committed to collaborating with the Group to achieve the goals of sustainable finance. On March 15, 2022, the Board of Directors of SinoPac Holdings officially approved the net zero target, committing to achieving net zero emissions in its own operations by 2030 and net zero emissions across its entire financial portfolio by 2050. SinoPac Holdings joined the Science Based Targets initiative (SBTi) in 2022 and successfully passed the SBTi review and verification process in January 2024. SinoPac Securities, in alignment with SinoPac Holdings, plans to track the progress of SBT achievement annually, regularly assess and monitor Scope 3 investment portfolio emissions, and continuously increase the proportion of investee companies that establish and verify SBTs.