CDF was selected to the Dow Jones Sustainability Index for the third consecutive year

Dec 19, 2022
Press Release

China Development Financial Holdings (hereinafter referred to as "CDF") has received international recognition once again for its achievements towards reducing carbon emissions. For the third time CDF was selected to the 2022 Dow Jones Sustainability Indexes (DJSI) as well as the 2022 DJSI World and DJSI Emerging Markets index. CDF achieved a “Best Score” in 6 categories, with a second place globally in environmental performance and first place in Taiwan. The overall score ranked CDF fourth in the world and first in Taiwan in the insurance sector.

 

The Dow Jones Sustainability Index is the world's first corporate sustainable investment evaluation index. It accesses three major aspects of a company: economy, society and environment, and only the top 10% performer with the highest sustainable development scores in each industry category can be included in the DJSI index. More than 10,000 companies worldwide participated in the Corporate Sustainability Assessment this year. CDF stood out and became one of the 33 Taiwanese companies to be selected to the 2022 Dow Jones Sustainability Index. CDF received Best Scores in 6 categories: "Risk Management," "Policy Influence," "Environmental Reporting," "Social Reporting," "Financial Inclusion," and "Customer Relationship Management." Among them, CDF was ahead of the curve in the "Environmental Reporting" category, with a ranking of first place in Taiwan.

 

CDF is the first financial holding company in Taiwan to commit net zero carbon emissions for its total portfolio by 2045, and it has also set a target to reach zero carbon emissions from own operations by 2030. In order to achieve the milestone, CDF has introduced plans and measures to promote energy saving and resource management to reduce our impact on the environment and pursue a sustainable and balanced development. CDF headquarters is a green building with installation of smart energy-saving system. Furthermore, the company has completed the first phase of green power procurement and transfer this year.

 

In addition to implementing carbon reduction from its own operations, CDF also continues to expand social impact through investment and financing services, integrating sustainable finance with daily business and operating procedures and increasing the proportion of green finance and green investment. CDF look forwards to working with customer and industry partners to achieve a sustainable future.

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