2020- Home
- Social Care
- Social Welfare Strategy
SDGs
Social Welfare Strategy
SKFH upholds the ideals for "giving back to the society what one reaps from the society" and established five major public welfare strategies including "health promotion", "care for the disadvantaged", "financial education", "elderly care", and "community building" based on the 17 Sustainable Development Goals (SDGs) of the United Nations. SKFH integrates the resources of subsidiaries, foundation, and affiliates and uses real actions to create sustainable value for companies, promote positive development in the society, and fulfill our motto of "Our light and heart are always with you". SKFH invested more than NT$88.52 million in social engagement in 2022 which benefited approximately 2.54 million participants.
88.52 million (NT$)
Total Input
2.54 million
Participants
Health Promotion
Care for the Disadvantaged
Financial Education
Care for the Elderly
Community Engagement
We established the “Shin Kong Life Foundation” and “Shin Kong Bank Culture and Education Foundation” to engage in long-term “strategic charity plans”. We construct interfaces for communication with a diverse range of stakeholders and activities in the public interest. We accompany the elderly, children, teenagers, women groups, the general public, disadvantaged groups, groups living in remote areas, and take real actions to fulfill corporate social responsibilities. Take Shin Kong Remote Financial Literacy School for example, Shin Kong Bank provided professional financial course training to equip disabled lecturers with financial education skills and transform them into excellent financial lecturers. In addition to providing employment opportunities for disabled people, improving their professional skills and benefiting them by better income, the program also brings positive and indirect economic impacts for disabled people to improve their status of social disadvantages.
To keep enhancing the depth and breadth of social participation, we regularly manage and track project progress through quarterly performance meetings held by “Social Participation Group” of the “Corporate Sustainability Management Committee”.
We will continue to deepen social participation and promote more comprehensive strategies with the aim of becoming a stabilizing power in the society and seek the common good for the land, people, and everything in Taiwan.
Social care investment in 2020-2022 NT$ ten thousand
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| Investment type | 2020 | 2021 | 2022 |
| Cash contributions | 3,042.6 | 6,953.1 | 4,271.8 |
| Time Contribution | 801.9 | 1,002.2 | 2301.7 |
| In-kind donations | 140.9 | 120.4 | 248.7 |
| Management overheads | 2,447.4 | 2,757.1 | 2,030.2 |
| Total | 6,432.8 | 10,832.6 | 8,852.4 |
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- Note 1: Time contribution is calculated by multiplying the average hourly salary of employees of each subsidiary by the number of volunteer hours.
- Note 2: Management expenses refer to activity expenses including administrative and personnel expenses.
2020-2022 Social Participation Types
2020 2021 2022- Charity Donations : Provide cash, products or supplies for people or groups in urgent needs instantly.
- Community Investment : Combined with the five principles of public welfare, cooperate with community organizations to hold public welfare activities, help solve social issues, and provide the required assistance to those in need, so as to enhance their employability and sense of social identity for satisfying their physical and mental demand.
- Commercial Initiatives : Link the core functions of enterprises, hold public welfare activities with finance and insurance expertise, establish financial management concepts and health risk awareness for the disadvantaged children, young students and the public, and use the platform to combine commodities and activities to enhance the willingness of the public to participate in public welfare activities, so as to promote social prosperity and increase the influence of enterprises.