Jul 14, 2022
In General Discussions
In addition to providing customer personal protection, Cathay Life's total investment assets exceed NT$7.3 trillion, accounting for about a quarter of the entire life insurance industry, and it is one of the largest institutional investors in Taiwan. Funding is another important mission of ours. Knowing the influence of investment, Cathay Life has established a sustainable investment system, supported ESG investment targets with practical actions, and at the same time led more companies to work together to create a sustainable future. Funds investing in green energy say NO to company banner design industries that destroy the environment Since 2015, Cathay Life has been following the UN's "Principles for Responsible Investment (PRI)", prudently assessing the ESG performance of investment targets, and establishing a review mechanism to exclude controversial investment targets, such as coal-related value chains (coal-fired power generation industry , coal mining, coal mine railway transportation and coal auxiliary services), or the logging industry, palm oil industry and other industries that cause damage to the environment and society, are included in the list of non-investment. In addition, it also actively expands sustainable investment, injects funds into low-carbon industries such as solar energy, green buildings, and sustainable investment targets such as water resources, and implements No ESG, No Money. Cathay Pacific_20220323_Broadcast_ESG Photo Credit: Cathay Life Cathay Pacific_20220323_Broadcast_Investment List Photo Credit: Cathay Life Not only investing in environmentally friendly industries, Cathay Life is also committed to becoming the "greenest landlord". All buildings invested and developed since 2016 are required to comply with green building design. As of 2020, Cathay Life has accumulated 15 green buildings and obtained 16 green building certifications. The most representative ones are Xpark in Qingpu, Taoyuan and Wuri Building in Taichung. Xpark not only has a reclaimed water system with a high recovery rate, so that the sewage after showering in the hotel can be filtered and recycled for use in the park; the solar roof of the Wuri Building can be "self-used", providing nearly 20% of the entire building. Electricity.