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Bank SinoPacTaiwan, Republic of China

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Last update: 2024-10-29 14:22:48
Bank SinoPac head offices in Taipei City. Photo: Padai via Wikimedia Commons (CC BY-SA 4.0)

Active

This profile is actively maintained
Last update: 2024-10-29 14:22:48
About
Website https://bank.sinopac.com/sinopacBT/en/index.html
Headquarters
No. 36, Nanking East Road, Sec. 3
Taipei City
Taiwan, Republic of China
CEO/chair Eric Chuang
President
Supervisor
Central Bank of the Republic of China (Taiwan)
Ownership
listed on Taipei Exchange

Bank Sinopac Financial Holding's shareholder structure can be accessed here.

Bank SinoPac is a Taiwan-based banking holding company which operates through 18 divisions and 129 branches in Taiwan. The bank was founded by Samuel Yin and Paul Lo in 1992 as Taiwan liberalized its banking regulations. Bank SinoPac acquired a securities business from the Hong family of local fame in early 2000s. In late 2005, the bank merged with the International Bank of Taipei(IBT). Besides in Taiwan, Bank SinoPac has branches and operations in the United States and Asia.

Sustainability
Commitments
Policies
Voluntary standards

Bank SinoPac's most important sustainability commitments can be found at the website sections listed below.

Links

Policies and commitments

Sustainability

Policies and regulations - SinoPac Holdings

Decarbonizing policy

Date listed represents date as accessed on website
Bank policy
2023-11-10 00:00:00 | SinoPac Holdings

Sustainable finance policy

Bank policy
2023-07-21 00:00:00 | SinoPac Holdings

Human rights policy

Bank policy
2022-12-23 00:00:00 | SinoPac Holdings

Environmental policy

Date listed represents date as accessed on website
Bank policy
2022-11-22 00:00:00 | SinoPac Holdings

Guidelines for corporate social responsibility

Bank policy
2018-12-31 00:00:00 | Bank SinoPac
Bank SinoPac has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Dodgy Deals

Bank SinoPac is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Bank SinoPac's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents
Accountability
Grievances

Bank SinoPac does not operate a complaints or grievances channel for individuals and communities that may be adversely affected by its finance.

Bank SinoPac is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Bank SinoPac's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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