In 2022, the Financial Supervisory Commission of the Republic of China (Taiwan) established the Coalition of Movers and Shakers on Sustainable Finance. This coalition consists of six financial holding companies in Taiwan working to promote net-zero emission policies. Yuanta Financial Holding Company (FHC) has taken over as the third rotating chairperson of the coalition and held a launch press conference on February 21, 2025. FSC Chairman Jin-Lung Peng and other coalition members attended this event.
Chairman Peng stated that the Taiwan government is actively advancing towards a 2050 net-zero transformation. He thanked coalition members for their influence in encouraging various sectors to participate in net-zero actions and helping sustainable finance take root in Taiwan. The working groups are also creating innovation opportunities within Taiwan’s financial market, contributing significantly to future sustainability.
During the press conference, coalition members including Yuanta FHC, CTBC Holding, E.Sun FHC, First Financial Holding, Cathay Financial Holdings, and Mega Holdings pledged to deepen efforts in five key areas: “green procurement,” “information disclosure,” “international outreach,” “assistance and promotion,” and “funding and engagement.” The Net-Zero Promotion Working Platform's six working groups will align with competent authorities' policies by focusing on international policy convergence, optimizing carbon emission reporting processes, building an industry carbon emission data database, cultivating sustainable human resources mechanisms, and facilitating international exchanges. These groups will collaborate with financial associations and related organizations to promote sustainable finance development in Taiwan.
Chien Weng, CEO of Yuanta FHC, emphasized that the financial industry acts as both a capital provider for corporations and a driving force for enterprises' sustainable transformation. Yuanta FHC plans to continue following coalition principles while aligning with policy goals. It aims to lead industries toward low-carbon transformation through fundraising, investment, and financing influence. As part of its role within the coalition, Yuanta FHC serves as convener of the Empowerment and Certification Working Group. In collaboration with the Securities and Futures Institute, it created Taiwan's first national sustainable finance certificate in 2024. Additionally, Yuanta FHC provides subsidies totaling more than NT$15 million for employees seeking certification.
The Coalition of Movers and Shakers on Sustainable Finance is now entering its third year. Its six member companies have not only promoted ESG strategies recognized by both industry insiders and internationally but have also developed effective cooperation models aimed at deepening industries' sustainable development towards achieving net-zero emissions by 2050.