Fubon Financial Holdings continues its initiative to reduce carbon emissions by participating in the Earth Hour campaign, run by the World Wildlife Fund (WWF), for the twelfth consecutive year. The company coordinates efforts with its 13 subsidiaries globally, shown in their average annual reduction of 4.4 million kilowatt-hours.
Chairman Richard M. Tsai reaffirmed the company's goal to cut carbon emissions by 42% by 2030. In joining RE100, Fubon aims for all operations to switch to renewable energy by 2040, with a long-term objective of net-zero emissions by 2050.
The company implements a range of measures, such as upgrading lighting and equipment efficiency, and operating nine solar power facilities with an output of 257.5 kW. They aim to purchase 21.618 million kilowatt-hours of green electricity by 2025. Fubon Life and Taipei Fubon Bank reflect this ethos through additional energy-saving policies, both striving to reduce electricity and water use by significant margins.
Fubon Insurance reduces paper usage and emissions, while Fubon Securities pushes for a 34% cut in carbon output by 2024, introducing solar panels and paperless services.
Fubon uses its influence to instigate changes in sponsored events, achieving the Gold Label for the Taipei Marathon, signifying its eco-friendly approach. The company encourages community participation to tackle climate issues.