Sustainability Strategy and Target | Sustainable Shin Kong | Shin Kong Life Sustainability

Sustainable Shin Kong

Upholding its core corporate values of "Integrity, Commitment, Innovation, and Collaboration," Shin Kong Life (SKL) is customer-centric across product development and service processes, ensuring customers receive comprehensive, diverse insurance and financial services throughout their life stages. By defining our sustainability vision, strategic pillars, and mid- to long-term goals, we leverage our core competencies to actively drive and implement diverse sustainability and ESG initiatives, advancing toward long-term sustainable corporate growth.

Sustainability Strategy and Target

Low-Carbon Future

Social Prosperity

Corporate Governance

Strategy Plan Short-term Target
(2025)
Medium to long-term Target
(2030 as the Target Year)
Materiality SDGs
Strengthening climate resilience
  • Strengthen the Company's climate change-related financial disclosures.
  • Strengthen the management and assessment of climate change risks and opportunities, and continue to optimize the contents of TCFD reports
  • • Comply with Green Finance 3.0, international disclosure trends, and sustainable development progress.
  • Actions for climate change
Building a New Net-Zero Lifestyle
  • Follow the SBTi carbon reduction pathway and establish Shin Kong carbon reduction guidelines.
  • Establish self-generated renewable energy facilities for self-use.
  • Construct green buildings.
  • Reduce S1+S2 emissions by 19.7% compared to the baseline year (2022)
  • Complete self-generated renewable energy facilities for self-use at 2 locations.
  • Obtain green building certificates (Silver-Level and above) for all new projects.
  • Reduce S1+S2 emissions by 42% in 2030 compared to the baseline year (2022)
  • Complete self-generated renewable energy facilities for self-use at 3 locations.
  • Obtain green building certificates (Silver-Level and above) for all new projects.
  • Actions for climate change
Nurturing Diverse Talent
  • Encourage diverse experiences.
  • Listen to the employees' opinions.
  • Competency-oriented training.
  • Diversity and equality measures
  • Improve sustainable health of employees.
  • Retention rate of outstanding talent > 85%
  • Employee engagement survey will reach 70%
  • Average employee training hours were 85 hours for office staff;100 hours for field personnel
  • The number of sustainability certificates issued reaches 100; organize training programs for sustainability professionals
  • Percentage of females in senior management positions will reach 27%
  • The ratio of fixed salary for professional positions by gender will reach 89%
  • Retention rate of outstanding talent > 85%
  • Employee commitment will reach 75%
  • Average training hours per employee will reach 100 hours
  • Continue to cultivate talent of sustainability
  • Percentage of females in senior management positions will reach 30%
  • Improve the gender pay ratio
  • Talent Recruitment and Retention
Excellent Customer Experience
  • Promote inclusive finance.
  • Strengthen insurance knowledge.
  • Expand financial accessibility.
  • Enhance customer experience.
  • Strengthen business digital capabilities.
  • Expand the scope of services and launch at least 3 exclusive friendly services
  • Develop at least 2 inclusive finance products or services
  • Deepen financial literacy and fraud prevention knowledge by conducting at least 30 external educational campaigns on financial planning, insurance knowledge, and fraud prevention, and reach a total of 1,000 people, including both internal employees and external customers
  • Facilitate friendly finance and continue to maintain top-of-the-class fair customer treatment evaluation results
  • Expand digital customers and services to boost customer satisfaction to 82%
  • Maintain the e-insured usage rate in our own channels at 95%
  • The number of online members reach 1.3 million
  • Expand inclusive groups and cooperate with different industries to enhance non-financial support
  • Widely adopt financial literacy and fraud prevention knowledge by continuing to conduct educational campaigns on financial planning, insurance knowledge, and fraud prevention, with cumulative in-person outreach reaching 10,000 people since 2024.
  • Promote friendly financial services, and maintain top-of-the-class fair customer treatment evaluation results
  • Each year, the Net Promoter Score (NPS) increases compared to the previous period, or the proportion of detractors (scoring 0-6) decreases.
  • Maintain the e-insured usage rate in our own channels at 95%
  • The number of online members reach 1.55 million
  • Financial inclusion
  • Customer relations and service experience
  • Innovation and digital finance
Realizing Sustainability Governance
  • Strengthen the operating mechanisms of the Board of Directors and Functional Committees
  • Implement and promote ethical corporate management.
  • Strengthen information security protection.
  • Assist TS Holdings to reach the top 20% in ESG evaluations.
  • Complete performance evaluations of the board and functional committees and disclose the results thereof.
  • Maintain an average attendance rate of the Board of Directors of above 85%.
  • Implement risk management practices to swiftly address emerging risks.
  • Continue pursuing "ISO 22301 Business Continuity Management System (BCMS)" certification.
  • Continuously optimizing regulatory compliance management operations.
  • Implement information security protection and response mechanisms.
  • Maintain the validity of international information security standards (ISMS, PIMS) certifications.
  • Assist TS Holdings to reach the top 20% in ESG evaluations.
  • Complete performance evaluations of the board and functional committees and disclose the results thereof.
  • Maintain an average attendance rate of the Board of Directors of above 85%.
  • Implement risk management practices to swiftly address emerging risks.
  • Continue pursuing "ISO 22301 Business Continuity Management System (BCMS)" certification.
  • •Actively respond to the policies of the competent authority, maintain good communication and interaction, and implement legal compliance operations.
  • Implement information security protection and response mechanisms.
  • Maintain the validity of international information security standards (ISMS, PIMS) certifications.
  • Corporate Governance and Ethical Management
  • Risk Management
  • Legal Compliance
  • Information Security and Privacy
Unleashing the Importance of Sustainable Finance
  • Promote sustainable finance
  • Expanding the influence of sustainable finance.
  • Implementing sustainable supply chain management.
  • Increase the number of engagement cases with investee companies by 2.
  • Make no new investments in companies that have not actively pursued transition efforts within coal-related industries (including coal mining, coal-fired power generation, and coal-related infrastructure) and non-conventional oil and gas industries (with more than 5% of revenue derived from such activities)
  • Green procurement expenditures account for 15% of the total value of eligible green procurement items
  • Achieve the engagement goals of the TS Holdings
  • Achieve decarbonization strategy of the TS Holdings
  • Green procurement expenditures account for 15% of the total value of eligible green procurement items
  • Sustainable Finance