Green Operations

Science-Based Targets and GHG Reduction Pathway

Science-Based Targets GHG Reduction Pathway Press Enter or Space to switch content

GHG Reduction Pathway

KGI Life began conducting its ISO 14064-1 greenhouse gas inventory in 2015, with annual third-party verification ensuring 100% coverage of all domestic and overseas operational sites. In 2025, its combined Scope 1 and Scope 2 GHG emissions totaled 5,656.215 metric tons of CO2e, a 10.2% decrease from the previous year. Its emissions intensity for 2025 was 0.0235 metric tons of CO2e per NT$ million in revenue, a 0.8% reduction from the prior year.

SBTi pathway from 2022 to 2031, with actual emissions for 2023 to 2025.
Year SBTi Pathway Actual Emissions
2022 (Base year)6,946–
20236,5816,892.9043
20246,2176,300.6712
20255,8525,656.215
20265,487–
20275,122–
20284,758–
20294,393–
20304,028–
20313,695–

Science-Based Targets

In line with the Paris Agreement's 1.5°C goal, KGI Life, in collaboration with its parent company KGI Financial, has set targets through the Science Based Targets initiative (SBTi). In March 2025, its decarbonization pathways for both its own operations and its investment portfolio were officially validated, confirming their alignment with international scientific standards and demonstrating its commitment and capability for a low-carbon transition.

Science-based targets timeline for the investment portfolio and the Company's own operations, from 2021 to 2045.
Portfolio
  • The first life insurer in Taiwan to commit to net-zero emissions across its entire asset portfolio by 2045
2021
Portfolio
  • Established decarbonization commitments and timeline
2022
Operation
  • Started green electricity procurement
2023
Operation
  • Participated in the first batch of carbon credit trading
2024
Operation
  • Carbon neutrality at the KGI Life headquarters building
Portfolio
  • SBTs aligned with 1.5°C validated
  • Ceased new direct project investment and financing for thermal coal and unconventional oil and gas industries
2025
Operation
  • Headquarters building reached RE80
2030
Operation
  • Renewable energy use reaches 30%
2035
Operation
  • Renewable energy use reaches 50%
Portfolio
  • Fully withdraw investment and financing support from thermal coal and unconventional oil and gas industries worldwide
2040
Operation
  • Operational net-zero emissions
Portfolio
  • Net-zero carbon emissions across the entire asset portfolio
2045
Environmental and Energy Management
Environmental Management
Guided by the ISO 14001 Environmental Management System, KGI Life strengthens environmental management at its operational sites. It integrates environmental risk identification, resource efficiency, and pollution prevention into its operations and property management. Through initiatives in green real estate, water management, and waste management, it promotes energy and water conservation, waste reduction, and recycling to minimize its operational environmental footprint and enhance its overall environmental performance.
Internal Carbon Pricing Mechanism
To achieve the group's goal of a net-zero portfolio by 2045, KGI Life has adopted KGI Financial's internal carbon pricing system. It uses a shadow price to encourage carbon reduction across both its operations and investment and financing activities.

On the operations front, the carbon price was set at NT$2,710 per metric ton, based on the group's green electricity price differential in 2024. This price was used to calculate the implicit cost of its Scope 1 and 2 emissions for 2025. Emissions are managed through dedicated systems, with reduction efforts linked to performance, across all of the Company's operational sites.

For its investment and financing portfolio, the Company used the carbon price forecasts from the Network for Greening the Financial System (NGFS), formed by the central banks and financial regulators of major countries. Specifically, it used the per-metric-ton price from the GCAM integrated assessment model, which is adjusted annually for inflation. This serves as a reference for managing Scope 3 risks and informs its engagement strategies with clients in carbon-intensive industries.
Green Real Estate
KGI Life integrates eco-friendly and low-carbon design principles into the management of its properties. Its headquarters building, which has earned a Gold-level Green Building Label, incorporated site greenery, on-site water retention, and energy management from the initial design phase.
Carbon-Neutral Green Building
- Environmental protection, energy conservation, and carbon reduction were built in from the site development stage
- Awarded the Gold-level Green Building Label
- The first in the industry to achieve ISO 14068-1 carbon neutrality verification