ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CDIB Urges Sustainability, Angelo Koo Believes the Industry Can Help

By: MerxWire
CDIB Capital responds to Earth Hour initiated by the World Wide Fund for Nature for 9 consecutive years.

TAIPEI, TAIWAN (Merxwire) – For the 53rd annual Earth Day this year, we continue to uphold the theme of “Invest in Our Planet” and call for a globally aligned effort in protecting the Earth without delay. Every investment towards this goal will be crucial in bringing about sustainable development for the planet.

As an ESG leader in the financial industry, CDIB Capital International (“CDIB Capital”) has made concrete commitments and taken action to bring a new outlook for the planet. CDIB Capital is not only the first financial holding company in Taiwan to set a goal of reaching net-zero emissions by 2045, but also systematically tracks its carbon reduction progress through the Science-Based Targets initiative (SBTi), demonstrating its commitment to sustainability that is aligned with international standards. Angelo Koo, Chairman of CDIB Capital, believes that the financial industry is pivotal in promoting global sustainability. With this in mind, it is essential to carefully plan every step of the way and improve corporate sustainability and resilience in order to have substantive influence.

In addition to pursuing a low-carbon sustainable vision and goals, CDIB Capital has demonstrated its determination to reduce carbon emissions and protect the Earth through tangible actions. Since 2015, CDIB Capital has participated for 9 consecutive years in the Earth Hour event initiated by the World Wildlife Fund for Nature. This event brings together the offices of CDIB Capital Group, as well as 133 subsidiary buildings including those of KGI Bank, KGI Securities, and China Life, to voluntarily turn off its outside lights and non-essential lighting equipment of all buildings from 8:30 p.m. to 9:30 p.m. on Saturday, March 25th, reducing energy use and contribute towards reducing earth’s rising temperature.

Responding to the challenge of carbon reduction, not only are many companies taking action, but employees are also directly participating through a series of actions such as Earth Day, Lights Off Day, reducing paper and plastic use, green procurement, opting for public transportation, and digitization of services. They also practice low-carbon lifestyles, such as encouraging vegetarianism by having a “no red meat” day in the employee cafeteria each month and cooking with a no-waste and energy-conserving mindset to reduce food waste and garbage. In addition, a CDF Walker walking marathon was held for employees that formed teams, and through their combined effort reached a total of 670 million steps, equivalent to reducing 96,000 kilograms of carbon emissions.

Chairman Angelo Koo of CDIB Capital stated that coexisting with the Earth is a group effort. In addition to companies reducing carbon emissions from their own operations, employees are also encouraged to build energy-conserving habits into their everyday actions, working together to create a sustainable future for the Earth.

 

Media Contact Information:
Jet-Go Consulting Group
Raymond Wu
+886-2-23708000 #2209

SOURCE: China Development Financial

 

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.