Climate Engagement

Cathay Life leads the industry in participating in initiatives and activities from international organizations. Furthermore, Cathay Life also uses the power of investment to conduct in-depth engagements with investee companies and urge other insurance companies to implement Principles for Responsible Investment (PRI), in hopes that our investee companies and other insurance companies can also jointly campaign for and respond to sustainability issues.

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Worked with domestic and international investors, cooperated with 5 international organizations/events①
Organize the Climate Change Forum, The listed companies which participated in the forum accounted for more than 70% of Taiwan market capitalization①
Through one-on-one engagements, Cathay Life communicated with 80 enterprises for a total of 211 times①

① Accumulation period 2022/1/1~2022/12/31
② Accumulated until the end of 2022

Participating in international organizations that promote social initiatives to keep track of international trends ahead of time

Asia Investor Group on Climate Change (AIGCC)
Cathay FHC is a founding member of AIGCC and the only member from Taiwan. Cathay Life and Cathay FHC also joined three working groups under AIGCC, including “Net Zero Investment,” “Engagement and Policy,” and “Physical Risks and Resilience,” where they work with international investors to study climate-related risks and opportunities, and construct Asian investment frameworks based on climate change.
Ceres Valuing Water Finance Task Force
In recent years, climate change has indirectly changed the water cycle and precipitation. In addition, the World Economic Forum's Global Risks Report has listed water crisis as one of the top risks in terms of global impact for eight consecutive years. For these reasons, Cathay Life and Cathay FHC took timely actions by joining the Ceres Valuing Water Finance Task Force since September 2020, and cooperate with the international investment institutions to formulate action plans for water resource management companies. In mid-2022, we completed the preliminary research tasks, which will serve as the basis for subsequent engagement between institutional investors and enterprises.
In addition to providing water resources ideas as professional institutional investors, Cathay Life has also kept track of forward-looking trends of global water resources and monitored risks and opportunities of water resources in various industries. By doing so, Cathay Life can prevent relevant risks and improve investment resilience when facing water resource challenges.