In accordance with the Sustainable Finance Policy of its parent company, SinoPac Holdings, SinoPac Securities incorporates the three Sustainability Commitments, namely “Reduce Inequalities,” “Mitigate and Adapt to Climate Change,” and “Promote Inclusive Growth,” as well as environmental, social and governance (ESG) considerations, into its brokerage, proprietary trading, underwriting, international securities, bond, and new financial product businesses. Through these efforts, SinoPac Securities is committed to advancing the Group’s sustainable finance objectives.
The Board of Directors of SinoPac Holdings formally approved its net-zero commitment on March 15, 2022, undertaking to achieve net-zero emissions from its own operations by 2030 and net-zero emissions across its entire asset portfolio by 2050. SinoPac Holdings also committed to and completed the submission of its Science Based Targets (SBTs) to the Science Based Targets initiative (SBTi) for validation in 2022, and received formal approval from SBTi in January 2024. Following the SBT decarbonization pathway, SinoPac Securities conducts annual reviews of progress toward SBT achievement in coordination with SinoPac Holdings. The Company also regularly measures and monitors Scope 3 investment portfolio emissions and continues to increase the proportion of investee companies that have established and obtained validation of their SBTs, with the aim of achieving the Group target that, by 2027, investments in TWSE- and TPEx-listed securities with SBTi-validated targets will account for 38% of the total balance of listed securities investments.
To manage the risks and impacts of its operating activities on the economy, environment, and society, and to implement the sustainability policies and initiatives of SinoPac Holdings, SinoPac Securities established the Sustainable Development Promotion Team in 2022 in accordance with the “Guidelines for the Establishment and Operation of the Sustainable Development Promotion Team.” The Team is convened by the President, while members are appointed from among business unit heads and supervisors designated by the President. The Team also comprises five functional teams, namely the Corporate Governance team, Customer Relations team, Employee Welfare team, Environmental Protection team, and Social Involvement team, which are responsible for proposing and implementing sustainability policies, systems, and related management plans.
Among these teams, the Customer Relations team is responsible for implementing the Company’s sustainable finance initiatives. In alignment with the guidance and four key action plans established by the Customer Relations team under the Sustainable Development Committee of SinoPac Holdings, namely “Improve the Accessibility of Financial Services,” “Support the Development of the Green Energy Industry,” “Raise Climate Awareness (Customers),” and “Support the Growth of Micro, Small and Medium Enterprises (MSMEs),” the Company focuses on four key areas of sustainable finance: responsible investment, development of green financial products, promotion of inclusive financial services, and the organization of ESG forums.