KGIL has long supported product and service innovation and won the first place in 2024 Buying Power - Social Innovation Products and Services Procurement Award held by the Small and Medium Enterprise and Startup Administration, Ministry of Economic Affairs. The Company has been proactively exerting its positive influence of value chain and the annual purchase amount has exceeded NT$71 million. This year marks the eighth consecutive year of receiving this national recognition and the third year of winning the first place of this award. The performance showcased KGIL’s dedication to social prosperity and inclusion.
On organic waste management, the Company started “Employee Cafeteria Zero Food Waste Research Project”. We are the first in the finance sector that use black solider fly to turn food waste into reusable animal feed and fertilizer, an environmentally safe method certified by the United Nations. This new method replaces conventional waste treatment, feeding food scraps to pigs or sending waste to incinerator, and forms a circular ecosystem that effectively reduces carbon emissions and environmental pollution. On our life insurance business, the Company has long promoted e-policy and paperless operations to reduce paper consumption. All paper used by the Company is reusable, FSC-certified, and environmentally friendly. In addition, our prints only use non-toxic soy based ink, supporting social enterprise that provides eco-friendly printing service and products. Furthermore, KGIL has conducted greenhouse gas inventory. Through systemic inventory, the Company can effectively manage energy consumption and the impacts of carbon emissions on the environment. We engage with social enterprise to realize the goal of net zero.
KGIL will continue exerting its influence on business procurement and call other businesses to join the good cause. We encourage suppliers to register their businesses in the Social Innovation Database, providing innovative products and services for the society. In the future, the Company will continue adhering to the spirits of ONE KGI to deliver comprehensive insurance services to help policyholders plan diverse coverage, demonstrating our competitiveness as an all-around financial service group.
