"Climate Change Mitigation and Adaptation" is one of the three major sustainability commitments of the parent company, SinoPac Holdings. To implement its sustainability roadmap and strengthen ESG risk management mechanisms, SinoPac Securities has incorporated "climate change risk" into its "Risk Management Policy." In 2023, the Company established "Guidelines for the Management of Climate-Related Risks and Opportunities," clearly defining procedures for identifying, measuring, monitoring, and formulating mitigation or adaptation measures regarding climate-related risks and opportunities. Furthermore, the Company conducts quantitative calculations and financial impact assessments for physical and transition risks based on various climate scenarios, while developing corresponding response measures or monitoring mechanisms.
In alignment with SinoPac Holdings' "Sustainable Finance Policy," SinoPac Securities integrates three key sustainability commitments—"Eliminating Inequality," "Climate Change Mitigation and Adaptation," and "Promoting Shared Prosperity"—along with ESG factors, into its business operations (including brokerage, proprietary trading, underwriting, international securities, bonds, and new financial products), striving to achieve the Group's sustainable finance goals. The Board of Directors of SinoPac Holdings formally approved its net-zero targets on March 15, 2022, committing to achieving net-zero emissions in its own operations by 2030 and net-zero emissions across its entire asset portfolio by 2050. The Company joined the Science Based Targets initiative (SBTi) in 2022 and received SBTi validation in January 2024. SinoPac Securities coordinates with SinoPac Holdings to regularly track SBT progress and inventory Scope 3 investment portfolio emissions, while continuously increasing the proportion of investee companies that establish and obtain validation for their own SBTs.
Through participation in relevant industry associations and the hosting of seminars and events, SinoPac Holdings supports and promotes various international climate initiatives and offers timely policy recommendations. It actively develops sustainable finance, aiming to leverage its financial influence to drive low-carbon transformation within both the Company and the industry.