Low Carbon | Shin Kong Life Sustainability

In view of the increasingly significant impact brought about by climate change, SKL upholds the mission of "promoting sustainable financial development together with stakeholders" and incorporates the concept of sustainability into daily actions. From low-carbon practices to tree planting campaigns, we not only join hands with customers, but also work with employees to achieve our goals. We had planted 6,637 trees throughout the year, demonstrating our firm commitment to sustainability through concrete actions, and creating a low-carbon future for society.

SKL has combined insurance products with environmental sustainability and launched the "Wen Wan Li Foreign Currency Investment-linked Annuity Insurance" (hereinafter referred to as Wen Wan Li), which is Taiwan's first investment-linked products linked to ESG offshore structured bonds. The investment portfolio consists of green bonds issued by BNP Paribas and a call option on the Nasdaq-100 ESG Index. The funds raised from green bonds will be used for green investment projects, including reducing GHG emissions, environmental protection technologies, and the development of clean energy.

In addition, Wen Wan Li also responds to the tree planting campaign, whereby policyholders can plant one tree in Aceh, Sumatra, Indonesia for every US$10,000 equivalent invested. During the fundraising period, a total of 6,590 trees had been planted for policyholders, which is expected to create 19,770 animal habitats. SKL realizes its commitment to ecological conservation through restoration and afforestation, aiming to leverage the power of sustainable investment.

To develop health management and long-term exercise habits among employees, SKL has planned a two-year "Sen Tung" sustainable health promotion activity, taking into account employees' work patterns and the difficulty of achieving 10,000 steps every day. This activity adopts a progressive task design in combination with a fun APP to encourage employees to do exercise and attain the two goals of health and sustainability through diverse interactions, such as step counting, AI immersive fitness, and health seminars. In particular, the "Healthy Forest" mission invites employees to exchange their daily walking steps for tree planting, whereby employees can accumulate tree planting points after completing daily steps. Upon accumulation of a certain number of points, SKL will plant trees in the name of the company to make each step more meaningful. In cooperation with the I Plant for Life Corporation Aggregate, Kaohsiung, SKL planted 47 saplings in the Jiading Wetlands, bringing new life into the environment through restoration and afforestation.
Since its launch in September to the end of the year, the activity attracted over 1,600 employee participants, with a cumulative count of over 747 million steps and a carbon reduction effect equivalent to 106 tons CO2e. This not only enhances the health of employees and the importance of independent health care, but also creates the value of sustainable health.
_{*Note: According to data released by the Ministry of Health and Welfare, every 10,000 steps can reduce carbon emissions by 1.42kg CO2e.}