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Yuanta Bank Credit Cards Receive Carbon Footprint Dual Label Certification and Encourage Customers & Suppliers to Join in Green Lifestyle

In this critical era of sustainable development, the financial industry plays a key role in driving society towards sustainable transformation. Yuanta Financial Holding Company (FHC) and subsidiaries continue to promote green financial services. Subsidiary Yuanta Bank’s credit card series have passed the ISO 14067 product carbon footprint and PAS2060 carbon neutrality certification, and in October this year, Yuanta Bank also passed the dual certification of “Product Carbon Footprint Label” and “Product Carbon Footprint Reduction Label” by Taiwan’s Environmental Protection Administration, joining hands with the supply chain to reduce carbon emissions during the life cycle of each product. Furthermore, Yuanta Bank continues to improve the digital connection of our customers to reduce greenhouse gas emissions in the process of credit card spending, and to encourage our customers to join in the green lifestyle.

Yuanta Bank is committed to implementing carbon footprint reduction in our financial services. After examining the data of 97 activities in the five life cycles of credit card raw materials acquisition, manufacturing, distribution and sales, use, and disposal, the carbon footprint of each Yuanta Bank credit card was found to be approximately 850 grams. The “zero carbon credit card” effectively achieves carbon footprint reduction by linking upstream, midstream, and downstream manufacturers for systematic carbon emission management. Yuanta Bank also encourages cardholders to use mobile payment to reduce the use of paper forms. By December 31, 2022, up to seventeen cups of coffee will be given to those who spend up to the threshold with designated credit cards bundled with the Taiwan Mobile Payment APP. Holders of Yuanta icash co-branded cards can enjoy up to twenty percent (20%) OP (OPEN POINT) rebate on purchases tied to icash Pay.

In order to fully implement environmental protection and carbon reduction, Yuanta Bank is actively promoting e-billing, and if cardholders apply for e-billing, they will enjoy free annual fee during the e-billing period. New customers who apply for Yuanta Diamond-Gold Smart & Rich icash co-branded cards can enjoy the first swipe gift of NT$500 virtual merchandise card and 500 points of Yuan Dream Fund from Uni-President within 30 days of card issuance. If you activate the icash 2.0 e-ticket function, you can enjoy five percent (5%) Diamond-Gold bonus rebate for six months of automatic value-added transactions. Caring for the Earth can also be rewarded.

Digital carbon reduction is a way to care for the Earth. Yuanta FHC enthusiastically creates digital financial services. Yuanta Securities and Yuanta Bank APP both obtained ISO14067 product carbon footprint and PAS2060 carbon neutral international certification. In addition, Yuanta Securities’ “Mr. Investor APP” provides stock selection indicators for sustainable development, such as “Top 20% of Listed Companies’ Corporate Governance Evaluation” and “Taiwan ESG Constituents,” as references for customers’ investment decisions. Moreover, Yuanta Bank customers can view the carbon reduction benefits achieved through online financial transactions through the “My Carbon Account” function in the Mobile Banking APP. Yuanta FHC will continue to strengthen the important role of financial service providers in the global low-carbon transformation and drive customers towards a low-carbon green lifestyle.