Union Insurance Co Ltd 2023 SR
The report highlights Union Insurance's 2023 performance, noting a record premium income of NT$12.28 billion and a 19.73% growth in operating income. Key sustainability achievements include a 10.6% reduction in per capita carbon emissions and a 12% reduction in electricity consumption compared to 2020. The company integrated ESG into its core strategy, focusing on green investment, which accounted for 70% of its total investment position. Social initiatives included organizing blood donation events and providing micro-insurance to over 25,000 people. The report also details the company's alignment with TCFD and SASB standards, alongside receiving external limited assurance from KPMG Taiwan.
Company: Union Insurance Co Ltd
Sector: Financials
Country: Taiwan
Year: 2023
Type: SR
Pages: 57
Union Insurance Co Ltd
ESG Report
The report highlights Union Insurance's 2023 performance, noting a record premium income of NT$12.28 billion and a 19.73% growth in operating income. Key sustainability achievements include a 10.6% reduction in per capita carbon emissions and a 12% reduction in electricity consumption compared to 2020. The company integrated ESG into its core strategy, focusing on green investment, which accounted for 70% of its total investment position. Social initiatives included organizing blood donation events and providing micro-insurance to over 25,000 people. The report also details the company's alignment with TCFD and SASB standards, alongside receiving external limited assurance from KPMG Taiwan.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jul 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees