Incorporate ESG Factors into Fixed Income Underwriting
In 2023, SinoPac Securities served as the lead arranger for 2 GSS bonds, including the sustainability bond issued by Bank SinoPac and Taipower Company green bonds with a total amount of NT$1.41 billion. SinoPac Securities also assisted in the underwriting of 12 GSS bonds, including 8 green bonds issued by TSMC (2 bonds), Taipower (2 bonds), Far Eastern New Century (2 bonds), UMC, and BNP Paribas, Taipei Branch, 2 social bonds issued by Far EasTone, 1 sustainability bond issued by Shanghai Commercial and Savings Bank, and 1 sustainability-linked bond issued by HON HAI. The total amount was NT$3.85 billion and the funds raised are mainly used for GHG reduction and renewable energy. Bank SinoPac organized underwriting for 3 green bonds including TSMC (2 bonds) and Taipower (1 bond) with a total amount of NT$2.8 billion.
Incorporating ESG Factors into Securities Listing Underwriting / Consultation and Capital Raising Services
In 2023, SinoPac Securities focused its consultation and underwriting businesses on ESG and sustainable development. The underwriting businesses for public listing and capitalization totaled NT$16.444 billion, including the underwriting for the listing of 8 environmental protection companies with a total amount of NT$6.208 billion. SinoPac Securities serviced as lead arranger in 5 cases for Yeong Guan Energy Technology Group Co., Ltd., Greenfiltec Ltd., convertible corporate bonds of Century Iron and Steel Industrial Co., Ltd. (2 bonds), and co-arranger for convertible corporate bonds for HD Renewable Energy Co., Ltd., Shinfox Energy Co., Ltd., and J&V Energy Technology Co., Ltd. They specialize in environmental protection and renewable energy such as AMC total solutions for pollution prevention, manufacturing of wind power generation equipment, renewable energy development, solar power plant development, construction, and services, and energy storage system solutions. In addition, SinoPac Securities continued the consultation services for the public listing of eco-friendly companies. As of the end of 2023, The Company has assisted 13 companies including Hui Min Environmental Tech Corporation, Revivegen Environmental Technology Co., Ltd., IOVTEC Co., Ltd., Etica Battery Inc., Sun Rise E&T Corporation, Techzone Technology Materials Co., Ltd., Techzone Plum-Monix Industry Co., Ltd., Century Wind Power Co., Ltd., and Yuh Shan Environmental Engineering Co., Ltd. They specialize in marine engineering of offshore wind farms, construction and O&M of underwater foundations, use of pipeline materials for foundations of floating solar energy plants and services, energy storage system solutions, environmental protection technology and renewable energy, incineration and waste disposal, circular economy of waste materials, and water resource treatment engineering and O&M.