SinoPac Holdings' "SinoPac Life" - a simple green action a day, keeps the earth abundant all the way
[April 22, 2021, Taipei] As Earth Day (April 22 annually) celebrates its 51st anniversary, SinoPac Holdings supported the "21 Days of Green Carnival" campaign launched by the Taiwan Environmental Information Association (TEIA) with "SinoPac Life". Employees and customers are encouraged to start taking small steps from daily operations to product development and business promotion, and to join in the adoption of green lifestyles as habits. Hence the earth can stay in abundance for a long time to come thanks to the efforts of everyone contributing towards the sustainable development of the earth.
SinoPac Holdings stated that in 2019, to support TEIA’s "Earth Day - A Million Acts of Green" initiative, the employees and their family members, and the public were invited to practice sustainable lifestyles. Within less than a year, more than 280,000 green actions were taken. In 2020, 300,000 green actions were taken for the year to realize earth sustainability. Efforts through "SinoPac Life" will continue this year to foster the notion of a simple green action a day that will enable the earth to stay in abundance for a long time to come. A series of environmental protection-themed activities with be launched on the 17th of each month. In March, the theme was "Lights Off for an Hour, Better Off for the Earth". Six SinoPac buildings switched off their non-essential lights for an hour on March 27 in support of Earth Hour, and employees were also invited to participate.
In April, we participated in the "21 Days of Green Carnival" campaign by TEIA to promote the issue of "Restoring our Earth on Earth Day". In conjunction, with the aim of conveying the notion through photography and evoking public sentiment on the protection of the environment, photograph submissions on "Love the Earth Environmental Protection Photography" were solicited internally. Employees were invited to capture moments of environmentally friendly actions in any of the six earth restoration themes of food, clothing, housing, transportation, education, and entertainment.
At the same time, SinoPac Holdings and its subsidiaries also actively developed green financing and strive to gain customer recognition and support by promoting green operations. Regarding green financing, as of February this year, Bank SinoPac had financed 4,685 solar photovoltaic plants with a balance of approximately NT$42.2 billion. In March, on top of the existing first Taiwan ESG fund, SinoPac Taiwan ESG Plus Fund, SinoPac Securities Investment Trust continued to diversify responsible investment products and rolled out the SinoPac Taiwan Target Exposure ESG ETF (00888) to track the FTSE Taiwan Target Exposure ESG Index, thus offering excellent options for investing in a sustainable future.
Bank SinoPac and SinoPac Securities also became the pioneer in the industry by introducing electronic and paperless operation measures across all respective branches and offices in Taiwan. The bank introduced "eNote" electronic forms to provide an environmentally friendly and energy-efficient, and digital paperless transaction experience. The securities branches fully adopted the electronic account opening contract systems, progressing into an era of digital brokerage of fully paperless online and offline account opening, electronic credit reviews, mobile-enabled final approval process to jointly make efforts for creating a sustainable living environment.