Climate change has become a global issues that cannot be ignored. As an important player in the capital market, the financial industry should become a leader in climate change management. The Company became a TCFD Supporter in December 2020 and established a cross-subsidiary TCFD Taskforce within the Group. The Company has gradually established the Group’s risks and opportunities identification, measurement, monitoring, reporting and other management procedures through education and training and taskforce meetings according to TCFD's “Governance,” “Strategy,” “Risk Management,” and “Metrics and Targets.”

Following the “Task Force on Climate-Related Financial Disclosures (TCFD)” launched by the Financial Stability Board (FSB) in 2017, financial supervisory agencies around the world have gradually formulated climate risk management-related disclosure norms, including the “Climate Risk Financial Disclosure Guidelines for Domestic Banks” and “Climate Risk Financial Disclosure Guidelines for the Insurance Industry” issued by Taiwan’s Financial Supervisory Commission (FSC) in 2021. The Company also follows the “comply or explain” principle when making financial disclosures. The summary of implementation results are as described in this chapter. For the full disclosure, see 2022 TCFHC Task Force on Climate-Related Financial Disclosure Report.