The No. 1 Brand Moving towards a Sustainable Future
Since 2011, the parent company, First FHC, has established the Corporate Social Responsibility (CSR) Committee, developed CSR code of conduct and policies, and brought ESG (Environmental, Social, and Governance) issues to the forefront of its ethical business practices. The purpose of the Committee is to draw up short, medium, and long-term objectives and plans for ESG matters to ensure the management of the group and subsidiaries to be in line with the guidelines, including the United Nations Principles for Responsible Banking (PRB), Principles for Responsible Investment (PRI), and Principles for Sustainable Insurance (PSI). All of the combined ESG issues are integrated with the core business strategies and operating procedures of investment, financing, underwriting, and insurance. The First FHC exerts its financial influence by guiding customers and investors to implement environmental protection and social sustainability responsibilities, building “the No.1 Brand in Green Finance”. In recent years, FCB’s ESG performance has been recognized at home and abroad. In 2010, FCB issued Taiwan’s first green credit card, the “Leezen Card”, that supports ideas of organic healthy living and environmental protection of the earth. The CSR Committee was established in 2011 and the Green Finance Committee was established in 2017. In 2018, FCB played a central role when its parent company, First FHC, received the A List rating from the Carbon Disclosure Project (CDP). First FHC was the first in the service industry in Taiwan to achieve the highest score. In 2020, FCB was formally approved to join the Equator Principles Association (EPA) and became the first among government-owned banks in Taiwan to sign up together with the world’s 114 international financial institution members. In 2021, the Corporate Social Responsibility Committee was renamed the Corporate Sustainability Committee. For more than 120 years, FCB sticks to the commitment of “Customer First, Service Foremost”, and aims at transforming into a benchmark niche player with regional and digital capabilities, as well as satisfactory workers.
