The Bank’s proactive approach towards ESG has been widely recognized, and is now aligned with climate-related disclosure, while fulfilling gender equality and corporate social responsibilities. On the 15th, Mr. Lin Kun-Ti, vice president of the Bank, attended the “26th Taiwan Corporate Sustainability Awards 2023” on behalf of the Bank which received three awards: ESG Category “Finance and Insurance - Gold Level in Category 1” and Sustainability Performance Category “Gender Equality Leadership Award” and “Social Inclusion Leadership Award”.
In recent years, we have been delivering remarkable results and continued to set record high earnings before tax. At the same time, we spare no effort when it comes to ESG. Committed to doing more on ESG, we have formed an ESG Committee, as well as the Sustainable Finance Task Force, Customer Benefits Task Force, Employee Care Task Force, Corporate Governance Task Force, Environmental Sustainability Task Force, and Social Engagement Task Force under the ESG Committee from April 2021. The ESG Committee and the Task Forces work together to make ESG plans and disclose the Bank’s ESG performance. In addition to preparing the ESG Report in line with the latest GRI Standards, TCFD framework, SDGs, and SASB Standards, the Bank compiled its first English ESG report this year. As well as this, the Bank set up a dedicated sustainable development section on its website and its efforts have been recognized by winning the Taiwan Corporate Sustainability Award for three consecutive years.
With respect to social inclusion, we promote financial inclusion and offer various policy loans in line with government policies. We fulfill our corporate social responsibility by contributing to urban renewal, revitalization and utilization of monuments, and support for cultural development. Additionally, with our long dedication to promoting badminton and tennis events, not only have we successfully nurtured Lee Yang & Wang Chi-Lin, the 2020 Tokyo Olympics champion duo, but we continue to develop outstanding future talent, who have already proven themselves with outstanding results at the FISU World University Games, Asian Games, and more.
Not only that, we also pay keen attention to gender equality. As of the end of 2022, the Bank had a ratio of female and male employees of 54:46, with female managers accounting for 52% of all managers; the gender ratio of the Board members and managers is comparable. This shows that the Bank has implemented gender equality in the workplace and all employees are entitled to a fair and comprehensive remuneration system and transparent promotion channels, which do not differ due to gender.
Since taking office, Hsieh Chuan-Chuan has been actively incorporating sustainability into the Bank’s DNA. With Hsieh’s long-term dedication, the Bank has been honored with the “Excellence Award for Loans to Six Core Strategic Industries”, “Special Award for Balanced Regional Development in SME Loans”, and the Trust 2.0 Program for Well-being Trust Award” (FSC). The Bank is ranked in the top 25% of the banking industry for assessment of the Implementation of Treating Customers Fairly Principles for the past five consecutive years and has won the Sports Promoter Award of the MOE for the past consecutive 14 years. The honors we have received have demonstrated our performance in pursuit of sustainability.
The Land Bank of Taiwan is a 100% state-owned bank. In the future, the Bank will continue to do its utmost to fulfill its corporate social responsibility in conjunction with national policies by adhering to the concept of “what is taken from society will be given back to society”. At the same time, the Bank will commit itself to build an inclusive society.
Contact person: Li Hsi-Chih
Tel.: 02-2348-3295
