Sustainable Governance

Culture of Sustainable Governance

KGI Life utilizes its strengths and resources in its core business to align with the UN Sustainable Development Goals (SDGs) and Taiwan’s sustainable development goals, responding to global ESG initiatives and trends. The Company also planned four sustainable development themes: “Corporate Governance Enhancement,” “Achieving Financial Inclusion,” “Low Carbon Transition,” and “Promoting Sustainable Finance.” Under the leadership of its management team, KGI Life introduced international ESG management frameworks. Guided by the four main themes of sustainable development, the Company has formulated 12 comprehensive ESG sustainability strategies and a range of short-, mid-, and long-term goals to integrate sustainable value into every day's operations and our organizational culture with a forward-looking and innovative mindset. At the same time, we will continue to strengthen the resilience of sustainable risk management, deepen cooperation with various stakeholders, and hope to give full play to the financial influence of the life insurance industry and achieve the corporate vision of becoming “the most recommended and trustworthy life insurance company”.

Sustainable Governance Structure

The Board of Directors serves as the highest supervisory body in the Company’s sustainability governance structure. The Corporate Sustainable Development Committee was established as a functional committee of the Board. Additionally, the Sustainable Development Department was set up to coordinate and promote various sustainability initiatives and to ensure that all departments follow the Company’s sustainability goals.

External Interview | Sustainability is now embedded in KGI Life’s DNA

In an ESG Post interview, KGI Life CEO Yu-Ling Kuo pointed out that the Board of Directors acts as the company’s highest supervisory body for sustainable development, supported by the Sustainable and Ethical Management Committee that meets quarterly to oversee policies, performance indicators and concrete action plans. ESG metrics are integrated into senior executive KPIs and remuneration to advance responsible investment, climate risk management and Science-Based Targets (SBTi), while promoting social inclusion through treating customers fairly, financial inclusion and digital equity initiatives.

Read the Interview

Corporate Sustainable Development Committee

Organizational Structure

Corporate Sustainability Governance Structure

Board of Directors

Corporate Sustainable Development Committee

Responsible Finance Task Force

Employee Care Task Force

Social Welfare Task Force

Corporate Governance Task Force

Environmental Sustainability Task Force

Customer Rights and Interests Task Force

Committee Members

President	Directors
Yu-Ling Kuo	Shih-Chieh Chang (Independent Director), Victor Kung (Independent Director), Nick Huang (Independent Director), Wei-Chuan Kao (Independent Director)

Committee Responsibilities

Revise the Sustainable Development Policy and Sustainable Development Best Practices.
Determine the annual plan and strategic direction for sustainability development.
Approve sustainability projects and activity plans.
Monitor and review the implementation effectiveness of the annual plan, strategic direction, projects, and activity plans for sustainability development.
Periodically review sustainability reports.
Decide on other sustainability-related matters assigned by the board of directors.

Sustainable Development Milestones

Voluntarily published the first Corporate Social Responsibility (CSR) Report

Established the Corporate Social Responsibility Committee

Established a CSR section on the company website

Established an English version CSR section on the company website

Voluntarily complied with the UN PSI and PRI

Incorporated TCFD disclosures

Became a TCFD Supporter

Established the Responsible Investment Policy

Renamed the Corporate Sustainable Development Committee

Established baseline data for insurance service carbon footprint

The "Corporate Sustainability Development Committee" upgraded to being a functional committee under the Board of Directors

Participated in the first batch of carbon trading to realize the net-zero vision