About Sustainability
Strategies and Goals
Cathay Life is Asia's first life insurance company to take the initiative in complying with the Principles for Sustainable Insurance (PSI), incorporating ESG (environmental, social and governance) topics in its daily operations. To better exert our core competencies and expand the scope of our influence, we adopt the strategical focuses of "Climate, Health, and Empowerment" to implement sustainability and respond to various SDG issues. This is to achieve the sustainability vision to "Lead the way in sustainable insurance and ensure the happiness of society," protecting the happiness of employees, policyholders, and the public.
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Cathay Life is Asia's first life insurance company to take the initiative in complying with the Principles for Sustainable Insurance (PSI), incorporating ESG (environmental, social and governance) topics in its daily operations. To better exert our core competencies and expand the scope of our influence, we adopt the strategical focuses of "Climate, Health, and Empowerment" to implement sustainability and respond to various SDG issues. This is to achieve the sustainability vision to "Lead the way in sustainable insurance and ensure the happiness of society," protecting the happiness of employees, policyholders, and the public.
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Climate
As a pioneer in climate action, Cathay Life Insurance uses “low-carbon investment allocation” to properly utilize every dollar invested by shareholders and policyholders, and engages investee companies in depth to drive industries towards a net-zero future, help reduce carbon emissions from economic activities, and hopes to become a leader in participating in international initiatives and activities in Taiwan. In terms of operations, we are implementing the “Zero Carbon Business Transition” project, and seeks to bring together government agencies, suppliers, employees, and the general public through carbon reduction actions, support for renewable energy, and environmental education initiatives, in order to jointly protect our homeland and allow Cathay Life Insurance's commitment to sustainability to be passed down to future generations.
Health
Cathay Life Insurance has established a dedicated project team, continuously innovating in the spill-over mechanism and health/medical ecosystem platform, with an aim to enhance Taiwanese people's self-awareness of health management. We advocate shifting from “ex-post compensation to ex-ante prevention” in insurance value, partnering with sub-healthy customers and the general public to continually improve physical constitution and promote health. Additionally, in response to an ageing population structure, we are actively promoting elderly-friendly products, preventive screenings, long-term care in-kind payment, and end-to-end investment services to reduce the life risks related to the body, mind, and wealth of the elderly.
