Green Operations
Electronic Services
Environmental awareness and the advancement of digital technologies are transforming the nature of financial products and services. To provide more eco-friendly and convenient green services for policyholders, KGI Life promotes the use of digital marketing tools, E-forms and platform services, and internal electronic processes. These efforts aim to reduce paper usage, mailing, and transportation-related greenhouse gas emissions, encouraging policyholders to jointly protect the planet.
Digital Marketing Tools
- Group Insurance Online Service Platform
- Mobile Application APP
e-Forms and
Platform Services
- e-Notification
- e-Notices
- E-Services & App
- Electronic Insurance Policy
- Mobile policeholder services (iPOS)
- Mobile claims and claims alliance chain
e-Management
- Electronic Official Document System
- Electronic Procurement System
Environmental and Energy Management Policy
KGI Life continues to conduct its GHG inventory review and introduce environmental and energy management systems to implement environmental management and energy management systems, systematically improving the management of environment-related resources, and implementing concrete management mechanisms.
Internal Carbon Pricing Mechanism
KGI Life follows the internal carbon pricing mechanism of its parent company, KGI Financial Holdings. Shadow pricing is adopted as an internal reference, which is divided into carbon pricing for operations and investments and financing. In terms of operations, the focus is on enhancing energy efficiency and planning financial strategies such as renewable energy adoption and carbon offsets, aiming to reduce emissions across the operational value chain. For investment and financing, we are encouraged to consider climate factors in risk assessment and decision-making through cost-benefit analysis and stress testing, thereby identifying and seizing low-carbon opportunities and promoting low-carbon investments.
The internal carbon price for KGI Life’s operations is set at NT$3,990 per ton, based on the 2023 green electricity price differential established by the Group. This price is used to calculate the implicit cost of Scope 1 and Scope 2 emissions for 2024. Emissions are managed systemically to support the evaluation and planning of low-carbon transition actions across capital expenditure, operations, procurement, and risk management. This mechanism is implemented throughout all operating locations of the Company through emission reductions and performance linkage.
For investment and financing positions, carbon pricing is based on future carbon price projections provided by the Network for Greening the Financial System (NGFS), which comprises central banks and financial supervisory authorities from major countries. The REMIND-MAgPIE model is used to estimate the carbon prices per ton, which is adjusted annually based on the year and inflation. Carbon prices serve as a reference for managing risks for investment and financing (Scope 3). We plan to conduct engagement with high-emission industries.
The internal carbon price for KGI Life’s operations is set at NT$3,990 per ton, based on the 2023 green electricity price differential established by the Group. This price is used to calculate the implicit cost of Scope 1 and Scope 2 emissions for 2024. Emissions are managed systemically to support the evaluation and planning of low-carbon transition actions across capital expenditure, operations, procurement, and risk management. This mechanism is implemented throughout all operating locations of the Company through emission reductions and performance linkage.
For investment and financing positions, carbon pricing is based on future carbon price projections provided by the Network for Greening the Financial System (NGFS), which comprises central banks and financial supervisory authorities from major countries. The REMIND-MAgPIE model is used to estimate the carbon prices per ton, which is adjusted annually based on the year and inflation. Carbon prices serve as a reference for managing risks for investment and financing (Scope 3). We plan to conduct engagement with high-emission industries.