Articles from E.SUN FHC

E.SUN FHC today held its "2025 E.SUN ESG Sustainability Initiative," attended by former President Tsai Ing-wen, FSC Deputy Chairperson Chen Yen-liang, and Banking Bureau Director-General Tong Cheng-Chang. Since 2021, E.SUN has advanced its sustainability efforts, from climate awareness and carbon reduction to building a platform to sustainable transformation. This year’s focus was on talent development and technological empowerment, with nearly 200 enterprises, medical institutions, and AI organizations participating. International professors from the U.S., Japan, Australia, Singapore, and ASEAN shared insights to foster ESG talent and accelerate sustainability through technology.

E.SUN FHC has released its “2023 Climate and Nature Report”, marking a significant milestone as the first report in Taiwan to receive third-party verification of the Taskforce on Nature-related Financial Disclosures (TNFD) framework. This report achieved the highest grade of “Level 5: Excellence” from the British Standards Institute (BSI) for TNFD conformity and “Level 5+: Excellence” for climate-related financial disclosures (TCFD).

E.SUN FHC is participating in the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, led by Chairman Joseph Huang. This marks E.SUN's third consecutive year representing Taiwan's financial industry. During the event, Huang delivered a speech at the World Climate Summit (WCS) themed “Beyond Finance: How Leadership and Partnership Drive Climate Finance,” showcasing Taiwan's collaborative efforts in climate finance.

E.SUN Financial Holding Co., Ltd. (E.SUN) registered as an inaugural Early Adopter of the Task Force on Nature-related Financial Disclosures (TNFD) in 2023, alongside the world’s environmental leaders. The TNFD will celebrate the announcement of the TNFD Early Adopters at the World Economic Forum annual meeting in Davos, Switzerland, on January 16th local time.

E.SUN Bank’s "E.SUN ESG Initiative Event" was convened for the third consecutive year in Taipei, Taiwan. President Tsai Ing-wen, Secretary-General Lin Chia-lung, Deputy Minister Yeh Chun-hung of the Ministry of the Environment, and Vice Chairman Chiu Shu-chen of the Financial Supervisory Commission (FSC) attended to support. More than one hundred excellent companies enrolled the initiative to advocate for the implementation of net-zero target.

E.SUN Bank has announced its support for Yulon Motor with one of the very first sustainability-linked loan in Taiwan to address biodiversity and climate issues. With a loan volume of NTD 1 billion, this loan includes key performance indicators related to biodiversity, incentivizing Yulon Motor to restore Taiwan's native tree species. Other initiatives linked to the agreement include the reduction of greenhouse gas emission and the share of renewable energy generation. E.SUN encourages the company to incorporate both climate action and biodiversity conservation into its sustainable development strategies.

E.SUN FHC is proud to join a group of 318 financial institutions and multinational firms with $37 trillion in assets and spending power in calling on over 1,000 of the world’s highest impact businesses to set emissions goals in line with the Paris agreement’s 1.5°C goal.

E.SUN FHC responded to the #NetZeroActionDay initiated by the Science Based Targets initiative (SBTi) on the 20th, actively calling on companies to commit to setting net-zero targets, include climate change in their operations and development strategies, and set science-based net-zero targets through the Net-Zero Standard.

E.SUN Bank today convened a conference on “E.SUN ESG and Sustainability Initiative.” President Ms. Ing-Wen Tsai (蔡英文) personally attended the event, during which founder of E.SUN Mr. Yung-Jen Huang (黃永仁), Chairman Mr. Joseph Huang (黃男州), and over 100 outstanding enterprise advocated for ESG sustainability.

E.SUN FHC, one of Asia’s leading financial services organizations based in Taipei, has joined the RE100 initiative and committed to using 100% renewable electricity across their global operations by 2040. Sam Kimmins, Head of RE100 at The Climate Group said, “We are delighted to welcome E.SUN to RE100. By committing to 100% renewable electricity by 2040, E.SUN joins over 300 of the world’s leading businesses committed to driving market change. This sends a powerful message that renewable electricity makes good business sense, and we encourage others to follow.” In order to accelerate change towards zero carbon electricity through the power of finance/investment, RE100 set further criteria in financial sectors, including manage the impact of its financed emissions, phase out the financing in coal-fired power and thermal coal mining, and limit significant investments in fossil fuels projects. RE100 has recognized the need for the financial sector to contribute effectively to the energy transition and to thrive in a carbon constrained future.

E.SUN FHC, taking the initiative to follow the international trend and achieve the goals of COP26, announced coal phase-out by 2035 on April 11. This policy applies to all E.SUN FHC subsidiaries and overseas locations and encompasses actively managing carbon emissions from financial assets, increasing green assets, reducing gray assets in investment and financing, and promoting social energy transformation and global climate goals through the allocation of financial resources.

The E.SUN–NTU ESG Centenary Project, a joint collaboration between E.SUN Bank and the National Taiwan University (NTU), was officially launched on March 25th. The project is composed of two subprojects, one aimed at planting cypress trees native to Taiwan and the other at reviving millet cultivation in Xinyi Township of Nantou. Joining forces and their resources, both E.SUN and NTU demonstrate a commitment to the society by taking actions to forge a sustainable symbiotic relationship between the economy and nature and thereby protect the environment and ecosystem of Taiwan.

As a response to the nation’s net-zero carbon emissions goals, E.SUN FHC has voiced its commitment to use 100% renewable energy by 2030. To achieve this goal, the company will increase its green energy usage by 10% each year. By building solar power equipment and purchasing green energy, the first green energy wheeling project was completed in 2021. The annual energy production of solar power projects that have already completed energy wheeling has reached 4.25 million kWh or 10% of the annual power consumption. E.SUN’s model zero-carbon Chiayi Branch and the soon-to-open second headquarters building will be the first to start using green energy.

E.SUN FHC signed the “Business Ambition for 1.5°C” pledge this year with intermediate targets approved by the Science-Based Targets initiative (SBTi). E.SUN is the first financial institution in Asia to adopt the 1.5°C climate target, an initiative aligned with international standards. The company has set mid- and long-term goals and announced before Earth Day that all of E.SUN’s domestic proprietary buildings will be converted into green buildings by 2027. 100% renewable energy will be used at domestic business locations by 2030. The bank will net-zero carbon by 2050. Through planned, systematic, and disciplined actions, concrete measures will be taken and the greatest efforts will be made on the part of E.SUN to control the effects of global warming.