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As a member of the Coalition of Movers and Shakers on Sustainable Finance, Yuanta Financial Holding Company (FHC) shoulders the mission of promoting sustainable development and leads the industry in aligning with the International Financial Reporting Standards’ (IFRS) sustainability disclosure standards. Yuanta FHC has piloted the S1 “General Requirements for Disclosure of Sustainability-related Financial Information” indicator (hereinafter referred to as “S1”) in the 2023 ESG (Sustainability) Report, and introduced the S2 “Climate-related Disclosures” indicator in the 2023 Climate and Nature-related Financial Disclosures Report, to highly enhance the transparency of sustainability information and proactively respond to the issues of concern to stakeholders and investors.
Yuanta FHC released the Climate and Nature-related Financial Disclosures Report, and received the highest level of “Level 5+ (Excellence)” certification from the British Standards Institution (BSI) for two consecutive years. We were also one of the first companies in the world to adopt the framework of the Taskforce on Nature-related Financial Disclosures (TNFD) for identifying nature-related financial risks. In order to achieve the goal of net-zero emissions by 2050 and vigorously implement climate adaptation-related actions, Yuanta FHC signed the initiative of joining the TNFD and the Partnership for Biodiversity Accounting Financials (PBAF) this year to do our part in safeguarding global biodiversity.
With the purpose of assisting stakeholders to gradually understand Yuanta Group’s responses to the risks and opportunities of the sustainability issues, we have tried to assess the possible financial impact of the financial inclusion issues on the entire Yuanta Group with reference to the spirit of the four major aspects of S1 (governance, strategy, risk management, and metrics & targets), and further disclosed the relevant contents in the 2023 ESG Report.
Yuanta FHC has long emphasized social participation, integrating internal and external resources to promote the “Yuanta 188 Sustainability Activity Relay Program,” so that biodiversity issues can be merged into the lives of our colleagues. Moreover, we have adopted the three main directions of “Caring for Society,” “Helping to Educate,” and “Positively Impacting Society,” as our action strategies, echoing the United Nations Sustainable Development Goals’ (SDG) “SDG1 ending poverty in all its forms everywhere,” “SDG4 quality education,” and “SDG11 making cities inclusive, safe, resilient and sustainable,” respectively, and actively exerting a positive impact.