Taiwan Business Bank (TBB)'s CSR Report has been verified by British Standards Institution(BSI) for 6 consecutive years.
2021/06/07
TBB's implementation of corporate social responsibility(CSR) were highly recognized. The bank's 2020 CSR report was verified by BSI and this is the 6th consecutive year that it has been verified by an international organization. The Report adopted the Core Options published by Global Reporting Initiative (GRI), disclosing TBB's environmental, social and governance achievements to fully respond to the expectation of the public and investors. On climate change issues, TBB aligned its CSR report with the structure of "Task Force on Climate-Related Financial Disclosures (TCFD)" to carry out its information disclosures related to risk and opportunity caused by climate changes, and set the corresponding measures and management goals to let the public understand their emphasis on climate change issues.
To realize the spirit of financial inclusion, TBB has assisted small and micro enterprises with a capital of less than NT$30 million to grow by rolling out a mid-term program of "Double Small and Micro Startup Borrowers in Three Years and Inject NT$100 Billion to Assist SMEs" since May 2019. And finally, targets of increasing 25,000 micro and small enterprise borrowers had achieved ahead of schedule by the end of 2020. As of the end of 2020, micro and small enterprise borrowers increased by 29,452, bringing the total number of borrowers to 53,452.
In terms of social care, TBB continues to allocate 0.3% of the general card consumption amount of the "Silver Love Credit Card" as a special fund for the " Senior Learning Centers" to provide health promotion, social interaction and happy learning for the elders. The bank also supports the sponsorship of a number of academic, cultural and sports activities. In the future, TBB will promote volunteer service plans and encourage employees to participate in charity activities.
In the aspect of environmental sustainability, as a citizen of the world, TBB would do their best to alleviate global warming. In addition to basic energy saving and carbon reduction, the bank plans to gradually establish an environmental management framework, including the promotion of CDP (Carbon Disclosure Project) and the introduction of the Equator Principles into financing strategies. In order to implement responsible investment, TBB not only plans to increase their green bond investment, but also consider ESG concept stocks as priority investment targets.
Consider the concept of sustainability will become more and more popular in the future, TBB will continue to prepare the signing of TCFD and climate-related financial information disclosure in order to improve the presentation of non-financial performance. On the other hand, the Bank also plans to align with SASB (Sustainability Accounting Standards Board) standards to disclose ESG information and corporate sustainability practices to fully present their sustainable operating performance.
To realize the spirit of financial inclusion, TBB has assisted small and micro enterprises with a capital of less than NT$30 million to grow by rolling out a mid-term program of "Double Small and Micro Startup Borrowers in Three Years and Inject NT$100 Billion to Assist SMEs" since May 2019. And finally, targets of increasing 25,000 micro and small enterprise borrowers had achieved ahead of schedule by the end of 2020. As of the end of 2020, micro and small enterprise borrowers increased by 29,452, bringing the total number of borrowers to 53,452.
In terms of social care, TBB continues to allocate 0.3% of the general card consumption amount of the "Silver Love Credit Card" as a special fund for the " Senior Learning Centers" to provide health promotion, social interaction and happy learning for the elders. The bank also supports the sponsorship of a number of academic, cultural and sports activities. In the future, TBB will promote volunteer service plans and encourage employees to participate in charity activities.
In the aspect of environmental sustainability, as a citizen of the world, TBB would do their best to alleviate global warming. In addition to basic energy saving and carbon reduction, the bank plans to gradually establish an environmental management framework, including the promotion of CDP (Carbon Disclosure Project) and the introduction of the Equator Principles into financing strategies. In order to implement responsible investment, TBB not only plans to increase their green bond investment, but also consider ESG concept stocks as priority investment targets.
Consider the concept of sustainability will become more and more popular in the future, TBB will continue to prepare the signing of TCFD and climate-related financial information disclosure in order to improve the presentation of non-financial performance. On the other hand, the Bank also plans to align with SASB (Sustainability Accounting Standards Board) standards to disclose ESG information and corporate sustainability practices to fully present their sustainable operating performance.
