Shin Kong Life Insurance received Seven Major Awards at the 16th Taiwan Corporate Sustainability Awards (TCSA) | Latest News | Shin Kong Life Sustainability

Shin Kong Life Insurance received Seven Major Awards at the 16th Taiwan Corporate Sustainability Awards (TCSA)

2023/11/16

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 SShin Kong Life Insurance received Seven Major Awards at the 16th Taiwan Corporate Sustainability Awards (TCSA)
 

Shin Kong Life Insurance received Seven Major Awards at the 16th Taiwan Corporate Sustainability Awards (TCSA)

 

Shin Kong Life Insurance proudly received seven major awards at the 16th Taiwan Corporate Sustainability Awards (TCSA) ceremony on November 15. The subsidiary of Shin Kong Financial Holding Co. (2888) secured honors such as the "Taiwan Top 100 Sustainable Model Enterprise Award", "TCSA Sustainability Reporting Award – Financial and Insurance Industry Gold Award", "Climate Leadership Award", "Social Inclusion Leadership Award", "Workplace Well-being Leadership Award", "Aging-Friendly Leadership Award", and "Talent Development Leadership Award". With the highest number of awards in the life insurance segment, this achievement highlights Shin Kong Life Insurance's fruitful results in sustainable management, harvesting well-deserved recognition.

 

Adhering to the core values of "Low Carbon, Innovation, and Mutual Benefit", Shin Kong Life Insurance aspires to be a benchmark for sustainable businesses and a trusted financial partner for the public. Publishing its first Corporate Social Responsibility (CSR) report in 2012, the company annually enhances disclosure quality following domestic and international sustainability disclosure standards. The commitment to balanced development across the ESG dimensions is manifest in their recognition with the "Taiwan Top 100 Sustainable Model Enterprise Award" and the "TCSA Sustainability Reporting Award – Financial and Insurance Industry Gold Award".

 

In the realm of low carbon, the company focuses on mitigating the environmental and climate impact of its operations, implementing solutions to address climate change, and enhancing corporate climate resilience. Internally, Shin Kong Life Insurance has established four major low carbon operational strategies, set net-zero goals, introduced the Task Force on Climate-related Financial Disclosures (TCFD), and obtained third-party certification. Collaborating with its parent company, Shin Kong Financial Holding Co., the company has joined Taiwan's Net-Zero Action Alliance and signed the Science-Based Targets initiative (SBTi), contributing to a green and sustainable future and receiving the "Climate Leadership Award".

 

In the innovation aspect, Shin Kong Life Insurance prioritizes people, creating innovative customer experiences and nurturing diverse talents. Beyond customer-facing innovations, such as digital services like policy identification and Express Insurance, the company focuses on employees, recognizing talent as a crucial asset for sustainable operation. They emphasize digital finance and sustainable development talent training, creating a happy and vibrant workplace, and constructing an aging-friendly environment. The comprehensive innovative development earned them the "Talent Development Leadership Award", "Workplace Well-being Leadership Award", and "Aging-Friendly Leadership Award", showcasing outstanding achievements.

 

In the shared prosperity realm, Shin Kong Life Insurance collaborates with stakeholders to create a mutually beneficial society. Apart from establishing robust risk management and information security mechanisms, the company practices corporate governance and leverages its financial sustainability value. They implement responsible investments, connect with sustainable partners in the supply chain, and shape a sustainable development environment within the value chain. Moreover, with a focus on "Comprehensive development, health promotion, and environmental sustainability" as their public welfare alignment, Shin Kong Life Insurance collaborates with corporate volunteers and customers to support community well-being. Particularly for vulnerable groups like the elderly and those in rural areas, the company actively collaborates with various sectors to promote financial and insurance knowledge across Taiwan, aiming to gradually realize the vision of inclusive finance. This effort earned them the "Social Inclusion Leadership Award" at the TCSA.

 

With an entrenched presence in Taiwan for 60 years, Shin Kong Life Insurance plans to continuous aligning with international ESG development trends, integrating sustainability into its operational planning, and deepening partnerships to exercise sustainable influence and contribute to a shared future. This reflects the corporate spirit of Shin Kong Life: "With light, realizing every expectation".