Chang Hwa Bank|Corporate Social Responsibility-Participating in Trade Associations and Lobbying

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Participating in Trade Associations and Lobbying

Management of Participating in Trade Associations and Lobbying

In accordance with Article 5, Section 2, Item 4, Subparagraph 1 of "Chang Hwa Commercial Bank Sustainable Finance Policy ”, the Bank's climate change strategy and action plan are consistent with the United Nations Paris Agreement . In order to ensure meaningful external participation in trade associations and to jointly promote the Net Zero transformation of companies and industries, the Bank has established reference guidelines for participation in trade associations and lobbying.
Guidelines for Participating in Trade Associations and Lobbying

Various Associations and Organizations

In order to promote the sound development of the domestic financial industry, the Bank actively participates in various social organizations and holds important positions in some organizations, providing advice on the practical operation and sustainable management of the financial industry in a timely manner, and contributing to the industry environment and sustainable development.
In 2022, the Bank co-signed the "1.5°C Climate Action Commitment" with Chinese National Association of Industry and Commerce, Taiwan (CNAIC) members: "To fulfill responsibilities as global citizens and actively respond to the global climate crisis, member companies of the Chinese National Association of Industry and Commerce, Taiwan respond to international net-zero sustainability trends, committing to cooperate with the government's 2050 net-zero pathway planning, integrate industrial and commercial resources to implement low-carbon industrial transformation, and achieve the Paris Agreement's goal of controlling temperature rise to 1.5°C."
According to the latest 2024 survey results from CommonWealth Magazine's "Temperature Rising Index for Pathways" (TRIPs), based on the Bank's established carbon reduction targets and pathways, calculations using the AGTP climate model and parameter matrix determined the Bank's corporate carbon reduction thermometer temperature at 1.498°C, meeting the Paris Agreement's ambition to limit global warming to no more than 1.5°C by century's end. The Bank was awarded the 1.5°C certification (valid from June 1, 2024, to May 31, 2025), working together toward net-zero emissions/carbon neutrality.