Social Involvement Strategies
Social Involvement Strategies
Upholding the spirit of " benefitting from society and giving back to society", SinoPac Holdings established the "Social Involvement Team" under the Sustainable Development Committee. It organizes the philanthropic activities of the Group and subsidiaries and uses the core financial competencies of the Group to give back to society. Activities planned were aligned with the United Nations Sustainable Development Goals (SDGs) and focused on three action plans including promoting cultural equality, raising public’s climate awareness, and supporting charity organizations/social enterprises and the employment of vulnerable groups. The three action plans support SinoPac Holdings' three sustainability commitments.
Promoting Cultural Equality
SinoPac Holdings focuses on culture promotion for children, youths, and the elderly to promote cultural equality. In cultural events, SinoPac Holdings provides wealth management education and financial services to potential customers who are less skilled or experienced in wealth management while increase the growth of SinoPac’s businesses and products like “mma Children Accounts”, diversified payment tools, and elderly customers. SinoPac Holdings works with educational institutions and social enterprises to create a better environment for artists by supporting arts, culture, and aesthetic education activities while encourage people to respect the elderly and provide children in rural areas opportunities to learn about art.
Raise Climate Awareness
SinoPac Holdings promotes the "SinoPac Life" concept for protecting the environment in daily life and encourages the public and customers to participate in environmental protection actions. SinoPac Holdings also delivers environmental protection concepts to customers through education, initiatives, and business services to increase their awareness of the Company's dedication to sustainability and support for its green operation policies.
Fostering Common Good
SinoPac Holdings continues to work with non-profit organizations (NPOs) to create job opportunities for people with disabilities and enhance their citizenship rights as members of the society with core financial competencies. SinoPac Holdings will continue to increase the number of sheltered workshops cooperated to purchase products produced by them and support the employment of vulnerable groups.
| Social Involvement Policy | Promoting Cultural Equality | Raise Climate Awareness | Fostering Common Good |
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| Strategy Description (Alignment between policy and business drivers) |
SinoPac Holdings promotes cultural equality and works with NPOs and social enterprises to provide care and invest enterprise resources for cultural creation, communication, and diversity. SinoPac Holdings also targets potential customers of the Company (generally those less skilled or experienced in wealth management) to provide wealth management education and financial services. The main targets include children, youths, and the elderly.
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SinoPac Holdings supports sustainable development and is committed to increasing customers’ climate awareness. SinoPac Holdings promotes the "SinoPac Life" and encourages the public and customers to participate in environmental protection actions. SinoPac Holdings also delivers environmental protection concepts to customers through education, initiatives, and business services and encourage them to protect the environment in everyday life to increase their awareness of SinoPac Holdings’ dedication to sustainability and green operation policies. | SinoPac Holdings supports charity organizations for the employment of vulnerable groups and continue to work with NPOs to create job opportunities for people with disabilities and enhance their citizenship rights as members of the society thus develop payment tools for soliciting donations and develop the online charity donation platform. |
| Corresponding SDG |
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| Business Benefit KPI | Growth rate of mma Children Accounts, diversified payment tools, elderly customers, and related services and products | Promote "SinoPac Life" values to increase customers' recognition of the brand and reduce operating costs by implementing "SinoPac Life" (including paperless operations) | Used product or service design to attract customers to take part in philanthropic activities, increased credit card businesses and customer approval, and created a positive cycle of benefits for the society and financial performance. |
| Social / Environmental Benefit KPI | Provide care to children, youth and elderly through cultural events while improve the financial literacy of potential customer groups. | Increased the climate awareness of groups reached by "SinoPac Life" | Increase the donated and funded amount to NPOs through platforms created by SinoPac Holdings and its subsidiaries. |