Social
We take a long-term perspective in empowering students from disadvantaged backgrounds, committed to industry-academia collaboration and talent cultivation, with the hope of injecting new vitality into Taiwan’s societal resources.
Social Investment
The Social Philanthropy Group of the Sustainable Committee is responsible for the corporate citizenship strategy of CDF, whereas the CDF Foundation, KGI Charity Foundation and all subsidiaries are devoted to creating maximum shared value for society stakeholders through joint efforts, with the goal of achieving a sustainable society. In 2021, CDF launched the “Inclusive Vision” project to connect with innovative energies of society and to promote the development of regional revitalization in Taiwan. With a mid to long-term plan for the next three to five years, CDF aims to bridge the urban-rural gap and achieve the United Nations’ Sustainable Development Goals (SDGs), including: 1. End poverty in all its forms everywhere, 3 Ensure healthy lives and promote well-being for all at all ages, 4 Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all, 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all, 11 Make cities and human settlements inclusive, safe, resilient and sustainable, 12 Ensure sustainable consumption and production patterns, and 13 Take urgent action to combat climate change and its impacts.
The CDF “Inclusive Vision” project aims to understand the needs of local communities through the work of the Group’s volunteers, and by cooperating with social enterprises, assist establishing local sustainable support system, in order to promote intergenerational collaboration, take care of the elderly, seek common good with the disadvantaged, and co-exist with the environment to become the solid support for sustainable Taiwan. In 2022, CDF sustains the support for quality social enterprises such as CAN Culture, Art and Nature, g Plahan Symbiotic Community Hub, Happy Food, and Shuan Lian Pear Corporation, promoting regional revitalization in northern, central and southern Taiwan. CDF not only assists Taiwan Urban-Rural Sustainability Care Association under CAN Culture, Art and Nature to establish the first Regional Revitalization professional manager and talent incubation school in Taiwan and successfully trained eight distinguished Regional Revitalization managers but also repaired the chicken coops for elderly living in the tribes of Heping District Taichung City through the help of volunteers, assisting the tribes to create monthly productivity of 3,000 chicken eggs, moving towards the goal of financial independence for the elderly. Moreover, CDF launched the “Regional Revitalization Volunteer Tours” in 2022, leading employees to go into rural townships. The company not only provides volunteers but understand the goals and demand of local regional revitalization teams closely and starts thinking how to help regional development through conscious consumption and professional support in life to create a society with more sustainable development.
List of Performance and Target
 
Item
Performance
Target for next year
Charitable Donations & Educational Aid
 
Charitable Donations & Educational Aid
Item
COVID-19 Emergency Relief
Performance
Donated anti-pandemic supplies to those hit badly by COVID-19 at home and abroad
Target for next year
Love, Starting From Elementary School Beneficiary: 400 students Let Love Flower Beneficiary: 1,000 students
Community Investments
 
Community Investments
Item
Heritage 100 X Tutelage 100” scholarship program
Performance
Beneficiaries:100, college students 100 underprivileged children, 10,000 tutorial hours
Target for next year
Gift Shoebox of Love:500 volunteer employees, 10 schools in remote areas Lunch Dates:2 sessions, 10 volunteers per session, totaling 20 volunteers
 
Community Investments
Item
Online and offline insurance awareness training for elementary schools in remote areas, along with other philanthropic activities
Performance
  • Increased visibility and favorability-Awarded Buying Power by Small and Medium Enterprise Administration, M.O.E.A. for a fourth consecutive year
  • Development of outstanding talent
Target for next year
Gift Shoebox of Love:500 volunteer employees, 10 schools in remote areas Lunch Dates:2 sessions, 10 volunteers per session, totaling 20 volunteers
Gift Shoebox of Love:500 volunteer employees, 10 schools in remote areas Lunch Dates:2 sessions, 10 volunteers per session, totaling 20 volunteers
Art Cultivation & Commercial Initiatives
 
Art Cultivation & Commercial Initiatives
Item
Online charity donation platform
Performance
  • Made NGOs prospects for payroll transfer service
  • Improved brand visibility and brand favorability and new accounts
Target for next year
  • Mentor for "Mock Contest on Mergers and Acquisitions" at National Chengchi University
  • 11th Greater China (Asia-Pacific) Mock Contest on Mergers and Acquisitions - Mentor
  • CDIB Capital Innovation Accelerator's start-up mentoring programs
 
Art Cultivation & Commercial Initiatives
Item
CDIB Capital Innovation Accelerator's start-up mentoring program
Performance
  • 18 start-ups received funds required for business development (as of today)
  • Young people and start-ups received professional guidance to overcome difficulties through free seminars, workshops, and courses
  • 84 sessions, attended by 2,024 people
  • Corporate-matching opportunities for start-ups
  • Increase in employees' participating, self-satisfaction, and social recognition
Target for next year
  • Mentor for "Mock Contest on Mergers and Acquisitions" at National Chengchi University
  • 11th Greater China (Asia-Pacific) Mock Contest on Mergers and Acquisitions - Mentor
  • CDIB Capital Innovation Accelerator's start-up mentoring programs
  • Mentor for "Mock Contest on Mergers and Acquisitions" at National Chengchi University
  • 11th Greater China (Asia-Pacific) Mock Contest on Mergers and Acquisitions - Mentor
  • CDIB Capital Innovation Accelerator's start-up mentoring programs
SROI (Social Return On Investment)
 
SROI (Social Return On Investment)
Item
SROI (Social Return On Investment)
Performance
Heritage 100 X Tutelage 100: 4.9
Target for next year
Heritage 100 X Tutelage 100:to have a greater social impact and create more social benefits
Historical Social Investment
Financial Inclusion
We have long cared for the needs of disadvantaged groups and social enterprises. Through the core businesses of subsidiaries, we devote to provide sustainable financial assistance. In recent years, in combination with the opportunities raised from emerging risk, we have continued to develop various products and services related to social welfare in order to create maximum social benefits and give back to society.
Inclusive Vision
The “Inclusive Vision” project aims to understand the needs of local communities through the work of the Group’s volunteers, and, along with CDF’s financial expertise, to promote the development of regional revitalization in Taiwan. It not only injects resources into rural communities but also assists local organizations in building sustainable support systems through connecting social innovations, in an effort to achieve the goals to promote intergenerational collaboration, take care of the elderly, seek common good with the disadvantaged, and coexist with the environment in order to support sustainable development in Taiwan.
Human Development
Employee Training in 2021
Average amount spent per employee on training and development
NT$3,285
item Required training Optional training Total
Average hours per employee of training and development 45.88 30.43 76.31
Average amount spent per employee on training and development 1,341 1,944 3,285
Coverage (percentage of employees) - - 100%
Human Capital ROI
[{"year":["2016","2017","2018","2019","2020","2021"],"data":[1.69,5.61,12.16,14.67,12.21,9.64]}]
HC ROI: (Net income - (Operating expenses - Employee benefits expenses)) / Employee benefits expenses.
Note: Data of China Life Insurance have been included from 2018.
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Employee Wellbeing
Employees are an important asset of the company. We provide a comprehensive system to achieve work-life balance.