Reported 9 months ago
In order to achieve its net-zero vision by 2050, Hua Nan Financial Holdings has been actively implementing various climate risk mitigation measures to enhance climate resilience. Following its achievement of the highest level in BSI 'Level 5+: Excellence' in 2023 for climate-related financial disclosures (TCFD), the company has once again been recognized with the highest BSI rating. This demonstrates their determination to address climate change. By collaborating with environmentally friendly suppliers, procuring eco-friendly equipment, and promoting diversified sustainable action plans, the company is aligned with the government's ESG initiatives and aims to achieve net-zero carbon emissions by 2050. Hua Nan Financial Holdings has strengthened its climate risk management by following the TCFD framework, focusing on governance, strategy, risk management, and metrics and targets, to enhance climate risk management mechanisms and assist businesses in ESG development and low-carbon transition through funding. The company has been conducting greenhouse gas inventories since 2016 and has expanded data collection to include domestic and international operations, achieving a comprehensive greenhouse gas inventory. Initiatives such as solar power generation, green electricity procurement, and carbon rights purchase have been employed to increase the use of renewable energy and reduce carbon emissions. Notably, the company's subsidiary, Hua Nan Bank's new information building, is a rare example in Taiwan's industrial areas as a green building rated above gold status.
Source: YAHOO