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

Sustainable Shin Kong

Shin Kong Life always strives to live up parent company Shin Kong Financial Holding's sustainable development value proposition of "Low Carbon, Innovation, and Mutual benefit." SKL has developed the corporate sustainability vision, strategies, and medium-to long-term targets based on our core competencies, and have also promotes and implemented various sustainability/ESG initiatives to move towards sustainable corporate development.

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