Fubon Financial receives multiple awards for sustainability efforts

Fubon Financial receives multiple awards for sustainability efforts
Banking & Financial Services
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Richard M. Tsai Chairman, Fubon Financial | Fubon Financial Holding Co., Ltd.

Fubon Financial Holdings has received several awards recognizing its commitment to sustainability and corporate responsibility. The company was awarded second place in the "Excellence in Corporate Social Responsibility Award" for large enterprises in the financial industry for the second consecutive year, marking the 18th time it has earned this honor. It also received the "Talent Sustainability Award" for a third year and was again recognized with the biennial "Family Friendly Workplace Award."

The "Excellence in Corporate Social Responsibility Award," established by CommonWealth Magazine in 2007, is considered a leading recognition of corporate sustainability efforts in Taiwan. This year's awards emphasized sustainable value chains and alignment with international trends. The "Talent Sustainability Award" highlights companies that nurture talent and support Taiwan's talent ecosystem through responsible initiatives. The "Family Friendly Workplace Award," co-presented by Education.Parenting Family Lifestyle and CommonWealth Magazine, recognizes businesses that prioritize employee well-being and promote sustainable workplace environments.

Richard M. Tsai, Chairman of Fubon Financial Holdings, said: "Fubon Financial Holdings is centered around four key strategies: 'decarbonization, digitalization, empowerment, and connection,' to implement its sustainable development blueprint. We express our gratitude for the recognition from the 'Excellence in Corporate Social Responsibility Award,' 'Talent Sustainability Award,' and 'Family Friendly Workplace Award' once again bestowed upon Fubon Financial Holdings. We firmly believe that a company's success is not solely reflected in its operational performance, but more importantly, in its ongoing commitment to employee care, environmental sustainability, and social engagement. Fubon Financial Holdings will continue to uphold sustainable development as its core philosophy and leverages its financial influence to promote the common good of society."

The company continues to focus on supporting employees at various life stages by offering subsidies such as NT$100,000 for each newborn child and increasing childcare subsidies for children under six years old to NT$24,000 per year. Over 4,800 individuals have benefited from these programs with total support exceeding NT$170 million. In 2025, changes to the employee stock ownership trust will introduce new contribution tiers based on job level with an expected annual public contribution exceeding NT$800 million—a growth of over 60%. The company also maintains maternity leave benefits above legal requirements.

Fubon Financial Holdings promotes internal sustainability culture through training programs like the “Fubon ESG Club,” which combines financial skills with ESG expertise via courses and seminars totaling nearly 1,600 hours annually.

To address climate challenges and encourage low-carbon transformation across industries, Fubon Financial Holdings has set entry and divestment standards since 2021 for high-carbon-sensitive sectors such as coal-fired power plants and cement. In 2023 it added decarbonization strategies related to investment and underwriting activities; by 2030 it plans to exit coal-related industries entirely—and by 2040 withdraw from non-conventional oil and gas sectors.

The company works closely with investment targets through SBT engagement workshops aimed at helping clients develop carbon reduction pathways.

In social responsibility efforts, Fubon's subsidiary Taipei Fubon Bank developed an AI-powered anti-money laundering tool called “Eagle Eye Anti-fraud Model.” Since 2023 this model has been shared freely with other banks in Taiwan as part of a broader alliance involving 39 domestic and foreign banks focused on improving fraud prevention measures.

The group also delivers anti-fraud education targeting different demographics including students, seniors, migrant workers—distributing materials in multiple languages across all branches—and organizes outreach events to promote financial literacy.

Looking ahead, Fubon Financial Holdings states it will continue leveraging its resources to drive industry-wide transformation toward low-carbon operations while supporting inclusivity within finance.