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The Third Coalition of Movers and Shakers on Sustainable Finance (hereinafter referred to as the Coalition) held a conference today (November 7) to present its achievements. Taiwan’s Financial Supervisory Commission (FSC) shared the status of its commitments, the six Taiwanese financial holding companies (FHCs) explained the results of the implementation of the Net-Zero Promotion Working Platform, and in the presence of Yen-Liang Chen, Vice Chairperson of the FSC, the rotating chair of the Coalition’s current term, Yuanta FHC, formally handed over the baton to the fourth chair of the fourth term, First Financial Holding. This symbolizes the continuation and deepening of the Coalition’s influence, and the injection of continuous forward momentum into Taiwan’s net-zero transformation.
The Coalition consists of six FHCs, namely, CTBC Holding, E.Sun FHC, Yuanta FHC, First Financial Holding, Cathay Financial Holdings, and Mega Holdings. They have committed to deepen their actions on the five major issues of “green procurement,” “information disclosure,” “international outreach,” “assistance and promotion,” and “funding and engagement,” and to form the Net-Zero Promotion Working Platform into six major workgroups. With the joint efforts of the FSC and peripheral organizations, we have completed the formulation of a number of policies and tools related to sustainable finance, and enhanced the knowledge of financial practitioners on sustainable development through workshops, etc., so as to add momentum to the net-zero transformation of the industry.
Bobby Hwang, Chief Executive Officer of Yuanta FHC, said that the financial industry is an important force in Taiwan’s net-zero transformation, and that cultivating sustainable financial talents is one of the key strategies to respond to this. As the convener of the Empowerment and Certification Working Group, Yuanta FHC joined hands with the Securities and Futures Institute last year to generate the first national sustainable finance certificate in Taiwan and provided NT$1,300 per person to the entire Yuanta Group for certificate application subsidies. As of September 30 this year, more than 30% of Yuanta Group’s employees have obtained the basic sustainable finance certificate, with the number of certificate holders increasing by more than ten times per year, and the number of advanced sustainable finance certifications has also risen by nearly seven times as much as that of last year.
In order to increase the penetration rate of the sustainable finance certifications and echo the FSC’s “Action Plan for Green and Transformational Finance,” Yuanta FHC has established the “Guidelines for Promoting Sustainable Finance Certifications in the Financial Industry,” which is a reference for financial institutions to encourage their employees to improve their knowledge of sustainable finance and to obtain certifications by defining the target applicants and promoting the testing in phases, setting KPIs for the certification rate of employees at the organizational level, and providing education and training/learning resources as well as grants and incentives.
Yuanta FHC has planned the Yuanta Group Sustainable Development Strategy Roadmap from 2026 to 2030, with the addition of “the supporting force of sustainable finance” and the reinforcement of the core concept of “the financial industry guides capital and helps enterprises transform” to create a better future together.
元大金控