Green Energy

Considering the change in energy structure in Taiwan and responding to global trends, Cathay Life proactively supports the government's renewable energy policies by using renewable energy to reduce the overall carbon emissions.

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Renewable Energy Use amounted to 6.27 millions kWh①
Taichung Wuri Building has the highest installed capacity of PVpanels for self-use in the financial industry.②

① Accumulation period 2023/1/1~2023/12/31
② Accumulated until the end of 2023

Actively respond to domestic and international renewable energy policies

Actively respond to domestic and international renewable energy policies

Cathay Life proactively supports the RE100 global initiative, and plans to use 100% renewable electricity at our headquarters by 2025, all operating locations in Taiwan by 2030, and all operating locations overseas by 2050. There are currently three ways to obtain renewable energy:

Installation of PV panels for self-useConstruction of four power plants for selfuse, including Taichung Wuri Building (183kW), Taoyuan Qingpu (125kW), Taoyuan Xpark (45kW) and Zhubei Shixing (64kW). The total installed capacity of the photovoltaic panels is 417kW, with total electricity generation of 518,200 kWh. Among them, Taichung Wuri Building has the highest installed capacity of PVpanels for self-use in the financial industry.
Power purchase agreement (CPPA)To achieve the long-term goal of using renewable energy, we negotiated with the Ministry of Economic Affairs in 2022 to adopt an efficient system to more effectively promote the purchase of green electricity, and signed a corporate power purchase agreement (CPPA).
Purchasing renewable energy certificates(T-REC)Completed the first transaction of Taiwan Renewable Energy Certificates (T-RECs) in Taiwan in 2017.

Focus story

The installed capacity of the photovoltaic panels contribute total electricity generation of 490,000 kWh
In 2022 Q4, the headquarter of Cathay Life Insurance has achieved RE100
Subscribed to 123 T-RECs (1 T-REC = 1,000 kWh) as of 2023.