Earth Hour, the world's largest climate change initiative, took place at 8:30 p.m. on Saturday, March 26. China Development Financial Holding Corporation (CDF), which has joined the initiative for many years, calls on all employees to take actions to support energy conservation and carbon reduction. On the 26th, CDF Headquarter, its subsidiary China Life Dunbei building and the operation sites and branches responded to turning off the lights for one hour at the same time, so as to contribute to the sustainability of the earth's environment.
CDF has long been committed to a low carbon transformation and pledged for net-zero carbon emissions from its entire asset portfolio by 2045. CDF and the subsidiaries, China Life, KGI Bank, KGI Securities and CDIB Capital Group, actively implement sustainable awareness in their financial operations and continue to expand the proportion of green financial products and green industry investments to help customers move toward sustainable net zero.
China Life starts with responsible investment, participating in green every investment, green bond investment and establishing sector objectives carbon-intensive industries. It further demonstrates sustainable investment practices and becomes the first company in the world to be certified with the "ISO 14097". KGI Bank has actively participated in financing a number of renewable energy and sustainable projects, including supporting the construction of Kaohsiung Coastal Water Resources Center, Taiwan's first demonstration water plant combining sewage and reclaimed water treatment. KGI Securities is committed to support the less privileged and promote coexistence with environment. It establishes a platform to sell products from small farmers by collaboration with social enterprises. KGI Securities has also participated in the underwriting or counseling sales of multiple ESG bonds in Taiwan. CDIB Capital Group helps companies improve their core competitiveness and promote the sustainable development of the industry, by investing in intelligent technology or environmental protection innovation industries such as electric motorcycles,
CDF noted that sustainability is the core strategy and value of the company. It has been a long-time supporter to the "Earth Hour" Initiative, hoping to remind the public to face up to the issue of climate change. CDF will continue to expand the influence of the financial industry, and further move towards the goal of net zero carbon emission from the entire asset portfolio in 2045 by providing sustainable financial services and formulating portfolio objectives.