Low Carbon Actions | Towards a Net Zero Future | Low Carbon | Shin Kong Life Sustainability
Low Carbon Actions
Healthy environmental management measures and long-term low carbon actions can bring positive benefits to the environment and towards a sustainable net zero future.Shin Kong Life has been concerned about climate and international carbon emission issues for many years, and has formulated four strategic actions to embed "carbon reduction" deeply in our business philosophy.
Low Carbon Actions
Implementing Greenhouse Gas Inventory
It is incumbent on SKL to protect the environment. To implement environmental management, we adopted environmental management certification operations since 2014, and maintained system operation, including ISO 50001 Energy Management System, ISO 14046 Water Footprint, and ISO 14064-1:2018 Greenhouse Gas (100% coverage, including overseas operations). In 2022, we completed the certification of all of these environmental management systems and obtained third-party verifications.
Improving Energy/Resource Efficiency
Energy Saving Projects |
We have set the goal to reduce general electricity consumption by 2% a year up to 2025 with 2019 as the baseline year. We have planned projects like replacing energy-consuming equipment, air conditioners and lights, and will improve our energy efficiency by participating in energy saving courses, activities, or plans of government agencies, in order to achieve our electricity conservation goal. Energy Saving Projects in 2022727694 Annual Electricity Saving in 2022(MWh)370.4 tCO2e |
Water Consumption |
Water is mainly used by employees and some consumers for day-to-day business operations. Since the main source is tap water, all domestic sewage is discharged to sewage systems, connected to local cities and do not pose a risk of leakages or pollution entering water sources. SKL is committed to reducing water waste and completed the ISO 14046 verification of Shin Kong Life Tower in 2022. In the future, we will draw up all-round water management policies to reduce water consumption. |
Waste Management |
SKL's main source of waste is the household waste generated by employees on a daily basis. By formulating long-term reduction strategies, encouraging employees to use environmentally friendly tableware and actively promoting a waste reduction and recycling classification system, SKL is gradually increasing the total amount of resources recycled and reducing the amount of waste generated. |
Shaping a Green Culture
SKL is actively promoting digital finance and environmental education. We are committed to reducing the consumption of energy and resources through mobilize, cloud-based, electronic, and digital services and tools. We also call on employees and their family members and policyholders to exert their influence and take measures to save energy and reduce carbon emissions at work and in their lives.
Implementing digital office
In response to the advent of the digital age, SKL has introduced technologies to facilitate marketing and management, cut down on paper consumption, and communicate the concept of energy conservation and carbon reduction to customers. In addition, in response to COVID-19 pandemic in the past two years, in order to reduce the risk of exposure, we have also accelerated the development of digital services, which in turn has improved the performance of paper reduction.
Results of Paperless Operations in 2022
Enjoy low carbon and green life
As the COVID-19 pandemic raged in Taiwan, SKL made a huge change in work arrangements in 2022 by adopting online meetings and training programs avoid unnecessary contact. This not only saved our employees from the risk of infection, but reduced the carbon footprint generated from commuting and movement. We are aware that field staff’s travel produces carbon emissions. In this regard, besides using digital services and tools, we are constantly encouraging the field staff to walk or take low carbon transportation such as bicycles to visit policyholders at short range, which can reduce GHG emissions and is also good for their health.
Continuing to promote the idea of "embracing green life and adapting to climate change," SKL has participated in Earth Hour for 14 consecutive years since 2008, hoping to save energy and reduce carbon with concrete actions. As of 2022, SKL has organized the "Light Shirts in Summer" for 16 years. In response to the government's energy saving and carbon reduction policies, we called on male employees to wear shirts without ties and female employees to wear short-sleeved uniforms; in addition, the temperature for air conditioning in office buildings was kept between 26~28°C in the summer per the Bureau of Energy's instructions.
Net Zero Initiative and Action
We support international sustainable development issues, and cooperate with the government's pathway and strategy for achieving net zero emissions by 2050. Besides working with our parent company Shin Kong Financial Holdings and joining the Taiwan Alliance for Net Zero Emission of the Taiwan Institute for Sustainable Energy (TAISE), we also support and promote the Net Zero 2030/2050 Initiative, and formulated carbon reduction goals and implementation strategies for achieving net zero emission by Shin Kong Life Insurance. We plan to replace all lights in locations nationwide with LED before 2030, and gradually improve the energy efficiency of air conditioners. We will use green electricity in our general electricity consumption, and continue to provide training on environmental sustainability, so that employees will change their energy and resource use habits.
Maintain Ecological Sustainability
We have monitored ecological conservation and environmental sustainability for years. Besides sponsoring conservation activities and preparing tools to enrich their behavior, we also promoted ecological conservation and education. For ocean sustainability, we assisted with the training of coral reef inspectors and conducted coral reef examinations. We also organized underwater cleaning activities to clear marine waste, which echoes SDG 13-15.
Constructing Green Buildings
SKL's Commitment to Eco-friendly Buildings
- When planning for future investment or development of new buildings, we will move towards compliance with the Green Building Label Silver or above / or Green Building design to enhance the environmental sustainability of buildings.
- Regenerate old buildings and facilities with various energy-saving measures, cut energy consumption, and improve the energy efficiency of existing buildings to be a responsible citizen for the environment.
Results of green buildings
As part of our commitment to eco-friendly buildings, SKL has been constructing energy-efficient and sustainable buildings that will benefit people living there and the environment in perpetuity.
As of 2022, we had applied for Green Building Labels for seven buildings, including six Green Building Labels (obtained) and one candidate for Green Building Labels, and obtained one LEED credential. We also expect to apply for Green Building Labels for six projects that will start construction in 2022 or are still under planning.
SDGs
