Yuanta Group continues to exemplify commendable corporate governance practices as it retains its "Outstanding" certification in the Corporate Governance System Assessment. The Taiwan Corporate Governance Association has acknowledged Yuanta Financial Holding Company and its subsidiaries, Yuanta Securities and Yuanta Bank, for their adherence to sustainable governance. The assessment recognized their achievements in six key areas, including shareholder protection, stakeholder respect, transparency, board responsibility, governance culture, and sustainable development.
The organization emphasizes its commitment to corporate governance in the financial sector, with over 40% of Yuanta FHC's board composed of independent directors. Yuanta FHC has instituted various functional committees, such as the Sustainable Development Committee and Risk Management Committee, to enhance its sustainable governance practices. The establishment of a Corporate Sustainability Office and a Chief Sustainability Officer underscores the company's dedication to sustainable growth.
Yuanta FHC respects stakeholder rights and maintains transparent communication, adjusting its policies to support gender diversity among directors. By 2025, the company seeks to increase the proportion of female directors by one-third as part of this initiative.
In conjunction with Yuanta Securities and Yuanta Bank, efforts to bolster corporate governance persist. They adhere to board candidate recommendation procedures and ensure stakeholders' information needs are met. The independent directors are actively involved in critical internal meetings and contribute to the board's supervision cycle. Additionally, these entities participate in external governance assessments and achieved a top 25% ranking in Taiwan's Sustainable Finance Evaluation.
"Yuanta FHC is committed to meeting the highest standards of corporate governance in the financial sector," emphasizes the organization's leadership. They strive for continual improvement in governance, maintaining their pursuit of excellence and accountability.