TCFHC has created the Sustainable Development Committee as well as a full-time Sustainability Office for overseeing implementation of the Group’s sustainable development. In order to continue to improve sustainable governance, the Ethical Management Committee was merged as part of the Sustainable Development Committee in 2023, and the Sustainable Development Committee was upgraded to a functional committee supervised by the Board of Directors, meeting at least once a quarter. In addition, the "Sustainability Office" was restructured into a formal management unit, and a Chief Sustainability Officer (CSO) with the rank of executive vice president or above was added, with the first appointment being TCFHC’s CEO.

The Sustainable Development Committee is chaired and convened by the Chair of TCFHC, and the 1st members are all independent directors, who possess the necessary knowledge, skills, and qualities required for sustainable development. The committee leads 6 major executive task forces, which are corporate governance, sustainable finance, customer commitment, employee care, environmental sustainability, and social inclusion. Executive vice presidents serve as conveners of these task forces. Short-, medium-, and long-term specific and measurable targets are set for each task force. Progress is actively tracked, and plans are modified on an ongoing basis. The Committee reports the status of compliance in ethical management and submits annual sustainable development action plans and accomplishments to the Board of Directors every year. The aim is to follow a top-down systematic approach to effectively initiate sustainable developments.

In 2023, the Sustainable Development Committee met 4 times in total. The agendas covered tracking the implementation status of annual goals and other projects of task forces, reviewing ESG policies and regulations, among others. In addition, the Sustainable Development Committee and 6 major task forces reported matters concerning sustainable development to the Board of Directors 18 times in total. Supervision imposed by the Board of Directors over sustainable developments are as follows. All proposals below have been carefully examined and fully discussed by directors, with related suggestions provided in order to advance in sustainable development efficacy: 
The explanation of the GHG inventory plan stipulated in "Sustainable Development Roadmap for TWSE/TPEx Listed Companies" is reported on January 18th, April 24th, July 24th and December 25th, 2023.
The 7 policies and guidelines related to ESG were amended on April 24th, May 22nd, June 26th, 2023.
On June 26th, 2023, the Sustainability Report (including the accomplishments in sustainable development), the TCFD Report, and the SBTi Commitment were released to set the net zero target.
On October 23rd, 2023, organizational adjustment in sustainability was reported and the "Organizational Rules of the Sustainability Development Committee" was newly defined.
On November 20th, 2023, members of the Sustainable Development Committee were delegated.
On December 25th, 2023, the research fees for the members of the Sustainability Development Committee to attend meetings were reviewed.

Sustainable Development History of TCFHC