Cathay aims to be the best financial institution in the Asia Pacific. As such, we have incorporated corporate sustainability into our decision-making processes for the three major branches of our operations: insurance, banking, and asset management. Cathay set forth the three sustainability focus areas of climate, health, and empowerment, aligned the three focus areas with 10 SDGs and implemented them in our daily operations.
Sustainability Strategy and SDGs
The UN proposed 17 SDGs in 2015 in hopes of resolving crises worldwide through solutions proposed by governments, enterprises, and organizations. Cathay FHC seeks a balance between economic development, social inclusion, and environmental sustainability from the perspective of its subsidiaries’ financial competencies.
Company Vision
To be the Best Financial
Institution in the Asia Pacific
Institution in the Asia Pacific
Core Values
Integrity, Accountability
and Innovation
and Innovation
Core Operations
Sustainable Finance
Three Focus Areas of Sustainable Development
Climate
Health
Empower
The Six Dimensions
Low-Carbon Economy
Incorporate climate change and ESG-related risks and opportunities into the investment, loans, products, insurance, and services of the core business and create environmental influence through initiatives and engagement.
Environmental Sustainability
Incorporate green business management into daily management and promote lowcarbon and environmentally friendly services.
Health Promotion
Increase citizens' awareness of the importance of physical and mental health and focus on exante prevention and coverage with insurance products and services to enhance the awareness of accidents and risks.
Financial Health
Help the younger generation, elderly, and women engage in financial actions to create financial independence. Use financial education, products, and services to help small and medium enterprises, social enterprises, and disadvantaged groups implement financial inclusion.
Workplace Empowerment
Focus on employee experience and investment and use professional competencies and work and life balance to create an innovative and passionate workplace environment.
Social Empowerment
Attach importance to social progress and actively participate in projects that benefit the independence and mutual prosperity of stakeholders, develop their abilities through empowerment, support, and assistance projects, provide development opportunities, and reduce the gap in resources of different groups in society.
Sustainable Development Goals (SDGs)
Three Focus Areas of Sustainable Development: Climate
The Six Dimensions
Low-Carbon Economy
Incorporate climate change and ESG-related risks and opportunities into the investment, loans, products, insurance, and services of the core business and create environmental influence through initiatives and engagement.
Environmental Sustainability
Incorporate green business management into daily management and promote lowcarbon and environmentally friendly services.
Sustainable Development Goals (SDGs)
Three Focus Areas of Sustainable Development : Health
The Six Dimensions
Health Promotion
Increase citizens' awareness of the importance of physical and mental health and focus on exante prevention and coverage with insurance products and services to enhance the awareness of accidents and risks.
Financial Health
Help the younger generation, elderly, and women engage in financial actions to create financial independence. Use financial education, products, and services to help small and medium enterprises, social enterprises, and disadvantaged groups implement financial inclusion.
Sustainable Development Goals (SDGs)
Three Focus Areas of Sustainable Development : Empower
The Six Dimensions
Workplace Empowerment
Focus on employee experience and investment and use professional competencies and work and life balance to create an innovative and passionate workplace environment.
Social Empowerment
Attach importance to social progress and actively participate in projects that benefit the independence and mutual prosperity of stakeholders, develop their abilities through empowerment, support, and assistance projects, provide development opportunities, and reduce the gap in resources of different groups in society.
Sustainable Development Goals (SDGs)
Building our Sustainability Strategy Blueprint
Cathay's three-step process to hone in on our three focus areas and six dimensions of sustainable development, align them with 10 SDGs, and fully implement sustainable governance. Please visit Cathay FHC's official website for details on how we contributed to SDGs in 2022.
1.Identify key impacts:
Reviewed the four ESG focus areas (Renewable Energy & Infrastructure, Aging Society & Health, Women Empowerment, and Community & Financial Inclusion) at the end of 2019, and interviewed 12 senior executives to identify key risks and opportunities by analyzing international trends and major issues in Taiwan.
2. Develop Focus Areas:
Cathay's three sustainability focus areas (Climate, Health, and Empowerment) were established in 2021 after multiple rounds of consensus meetings across companies and departments, which measured the SDG risks and opportunities within our core operations.
3. Established the Blueprint of Sustainability Strategies:
The Roadmap Planning Team
Organize a roadmap planning team at the group level (functions across subsidiaries) to draft the sustainability strategy blueprint.The team will keep abreast of international trends and develop a sustainable strategy best suited for Cathay by combining the core competencies of each subsidiary.
Set Quantifiable Short-, Mid-, and Long-term Goals
The team put forth quantifiable short-, mid-, and long-term goals to underscore Cathay's resolute commitment to and monumental goals for implementing sustainable strategies.
Implement Sustainable Governance
Set quantifiable goals for the short-, mid-, and long-term before implementing the sustainability strategy blueprint. The Corporate Sustainability (CS) Committee at Cathay FHC and its subsidiaries shall regularly track progress to ensure diligent execution and management of roadmap goals.
Sustainability Awards
Organization
Awards
Organization：
DJSI
Awards：
連續四年入選道瓊永續指數(DJSI)世界指數成分股，
並連續七年入選新興市場成分股
並連續七年入選新興市場成分股
Organization：
CDP
Awards：
取得Climate Change 2021領導等級Level A-
Organization：
MSCI
Awards：
入選MSCI ESG Rating AA Level
Organization：
FTSE4GOOD
Awards：
連續7年入選富時社會責任新興市場指數成分股
Organization：
Sustainalytics
Awards：
全球人身保險產業排名第5名
Organization：
彭博性別平等指數
Awards：
首次入選2021年彭博性別平等指數評鑑
Organization：
台灣永續指數
Awards：
連續5年入選台灣永續指數成分股
Organization：
公司治理評鑑
Awards：
榮獲第八屆公司治理評鑑最佳之前5%企業
Organization：
《天下雜誌》企業公民獎
Awards：
榮獲《天下雜誌》「天下企業公民獎」第2名
Organization：
台灣企業永續獎
Awards：
榮獲《2021台灣企業永續獎》之「台灣十大永續典範企業服務業第三名」、「企業永續報告書白金獎」，更一舉奪得《氣候領袖獎》、《創新成長領袖獎》、《資訊安全獎》、《人才發展領袖獎》共6項永續績效類獎
Organization：
《遠見雜誌》企業社會責任獎
Awards：
連續三年榮獲「ESG綜合績效類－金融保險業」首獎，且榮獲「教育推廣組」、「環境友善組」楷模獎之殊榮
Organization：
財訊金控永續獎
Awards：
榮獲《2021財訊金融獎》「金控永續獎優質獎」
Organization：
Buying Power
Awards：
榮獲《經濟部中小企業處》「Buying Power社會創新產品及服務」之採購獎《首獎》