We incorporate the core competencies of insurance - “being people-oriented” and “investing to drive growth”, so that everyone can enjoy a variety of insurance coverage and thoughtful services. In addition, Cathay Life uses the power of investment to support excellent enterprises that support sustainable development, setting a paradigm for the industry to jointly create a sustainable future. Goals for “Accountability” in 2025-2030:
Integrate sustainability into senior executives’ performance
Complete a total of 3 certifications or compliance audits from ISO in information security or personal data protection
Conduct climate risk scenario analysis and social risk qualitative evaluation ;Implement control mechanism into climate risk and undertake social risk quantitative model studies
A benchmark enterprise of sustainable risk management among financial service providers in Taiwan : Expand the scope of reports for risk trend to other ESG aspects
A benchmark enterprise that leads investee companies in Taiwan in sustainable development : Participate in “Climate action 100+” and “CDP Non-Disclosure Campaign”;Organize one engagement meeting every year Study the viability of participating in other international initiatives for responsible investment
Comply with TCFD : The goals for coverage rate of carbon footprint checks in stock and bond positions are 100% and 30% respectively; Coverage rate of carbon footprint checks in bond position reach 100%;Set climate change response strategies for Cathay‘s overall investment position