The report details Cathay FHC's economic, environmental, social, and governance (ESG) performance in 2019, including highlights such as achieving a record high net profit of NT$63.86 billion, being selected as a constituent stock of the DJSI World Index for the second consecutive year and the DJSI Emerging Markets Index for the fifth consecutive year, and being rated at the leadership level (A-) by the CDP. Cathay FHC also implemented a number of initiatives in 2019, including the launch of the ""Cathay at Your Side Health Project"" which uses AI and big data analytics to screen policyholders with chronic illnesses, the establishment of the ""Cathay Financial Innovation Lab"" which collaborates with elite startup teams, and the expansion of its green finance business by providing financing for the largest offshore wind farm in the Asia Pacific region.
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Cathay Financial Holdings Co Ltd 2019 Corporate Sustainability Report
Issuing Company Cathay Financial Holdings Co., Ltd.
Report Type Sustainability Report
Report Language EN
Report Filesize 38.8 MB
No. of Pages 55 pages
Reporting periodJanuary 1-December 31, 2019
Report EditionUnknown
Assurance Provider BSI Taiwan;PwC Taiwan
Reporting Standards GRI; IIRC; UNSDGs; others
Materiality Assessmenttrue