Social Welfare Strategy

Social Participation Strategy

SKFH upholds the ideals for "giving back to the society what one reaps from the society" and established five major public participation strategies including "health promotion", "care for the disadvantaged", "financial education", "environmental symbiosis”, 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$94.3 million in social engagement in 2023 which benefited approximately 6.55 million participants.

01 Health Promotion

02 Care for the Disadvantaged

03 Financial Education

04Environmental Symbiosis

05 Community Engagement

01

Health Promotion

We gradually attain the goal of SDGs 3 by helping people understand the risk of disease and implement health management as early as possible. We organize a series of events to increase people's awareness of long-term care, dementia, cancer issues and related disease to raising the health risk awareness of the public.

02

Care for the Disadvantaged

We respond to SDGs 1.4 and 8 by caring for disadvantaged groups. We offer financial inclusion, organize charity events, and hire vulnerable groups to ensure all people have equal rights to economic resources, and access to financial services.

03

Financial Education

We firmly believe that nurturing the next generation of young people is the key to enhancing the competitiveness of the company and the country. We use financial expertise and abundant corporate resources to cultivate talents in all fields, and gradually attain the SDGs 4 to ensure inclusive and equitable quality education for all children and youth.

04

Environmental Symbiosis

We understand the catastrophic impact of climate change on global ecosystems and biodiversity. We recognize its effects on ecological, evolutionary, social, educational, and cultural aspects. In response, we support species conservation and environmental advocacy. We organize beach clean-ups, ocean clean-ups, and habitat maintenance activities to promote sustainable ecological development.

05

Community Engagement

We organized activities such as the nationwide painting contest, Shin Kong Cup Street Dance Contest and Shin Kong Dining Table with an acre of Happiness to enhence local culture and cultivate outstanding talents. We also support environmental protection initiatives to improve the local economy. We promote the concept of sustainability to the public to gradually achieve the SDGs1 and SDGs 8 goals.

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 Participation investment in 2021-2023              NT$ ten thousand

• 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.