ESG Quiz | Shin Kong Life Sustainability

SKL is committed to promoting sustainable development and adheres to the United Nations Principles for Responsible Investment (PRI) and the Principles for Sustainable Insurance (PSI). Any industry listed in the exclusion list (such as sex, drugs, controversial arms, etc.) will not be invested in. For potentially controversial industries (such as tobacco, gambling, fur trading, tropical deforestation), and high-carbon industries (Thermal coal, unconventional oil, and natural gas, etc.), decisions will be made based on industry-specific guidelines to implement the spirit of "sustainable finance." SKL is committed to achieving the "Taiwan 2050 Net Zero Emissions Pathway" and has introduced numerous Net Zero action plans. They spare no effort in investing in renewable energy power plants and actively replacing energy-consuming equipment, such as old air conditioning systems and traditional lighting. Furthermore, we are devoted to developing online insurance services and digitizing insurance policies to reduce paper consumption and minimize greenhouse gas emissions generated from business commuting, gradually working towards their self-established Net Zero goals. SKL deeply understands that contributing to a stable society is both a social responsibility and a mission of the insurance industry. Therefore, we actively respond to the inclusive finance initiative by planning diverse products and services, ensuring that all ethnic groups have access to financial and insurance services. For economically disadvantaged individuals, people with disabilities, seniors, and residents in remote areas, we have established an accessible website, friendly spaces, and multiple service channels as part of our financially friendly services. We have also introduced microinsurance and small-scale retirement products, providing everyone with a heartwarming service experience and essential protection. SKL not only adheres to the standards of international human rights conventions but also complies with labor-related regulations in the countries where we operate. We integrate human rights principles into our company's human resources policies, striving to create a positive workplace environment, respecting employees' freedom of assembly and association, and dedicated to upholding the dignity and privacy of all employees. Additionally, we have established measures to prevent and address sexual harassment, workplace bullying, and conducts regular education and training to mitigate potential human rights risks. According to the World Economic Forum's annual "Global Risks Report," climate change has become one of the most severe international risks. In response to the challenges posed by climate change, SKL quantifies the financial impacts of climate risks and opportunities to help stakeholders understand significant climate risks and transformation opportunities within the industry. In 2021, SKL voluntarily followed the TCFD framework and disclosed the four core elements of "Governance, Strategy, Risk Management, Metrics and Targets." Additionally, in 2023, we published our first TCFD report and underwent third-party verification to assess climate-related risks and implement sustainable financial management principles.