Sustainable Development Committee

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Sustainable Governance Framework

SinoPac Holdings established the "CSR Project Team" in 2015 to actively plan CSR related affairs. In 2018, the Company established the "Guidelines for Corporate Social Responsibility” and established the "Sustainable Development Committee". The Chairman of SinoPac Holdings serves as the chairperson of the Committee, with the President of SinoPac Holdings and the chairmen and presidents of major subsidiaries serving as members. The Committee oversees five task forces responsible for corporate governance, customer relations, employee welfare, social involvement, and environmental protection. The committee is in charge of managing the risks and impacts of operations of SinoPac Holdings and its subsidiaries on the economy, environment, and society, and it regularly reports to the Board of Directors to implement SinoPac Holdings' sustainable development strategy.

Operations of the Sustainable Development Committee

The task forces of the Sustainable Development Committee uphold the four major sustainability missions of SinoPac Holdings and continue to implement adjustments and optimize the short, medium, and long-term goals in the Sustainable Development Strategy Roadmap in accordance with the five major sustainability targets. The Sustainable Development Committee convenes a meeting every quarter and reports the progress of corporate sustainable development to the Board of Directors every six months. The Sustainable Development Committee convened four meetings in 2020 and reported the results of sustainable development in 2020 and the 2021 work plan to the Board of Directors in January 2021. SinoPac Holdings also received awards from the Taiwan Academy of Banking and Finance, Commonwealth Magazine, The Asset magazine, Enterprise Asia, and Taiwan Institute for Sustainable Energy in 2020 for its sustainable development, and continued to be included as a constituent of the FTSE4Good TIP Taiwan ESG Index and FTSE4Good Emerging Indexes.