BANKS DODGY DEALS CAMPAIGNS
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Jobs at BankTrack
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
International Bank Campaigners Gathering
Donate
2023-05-25 00:00:00
Philippines communities are fighting back against gas & LNG build-out in the Verde Island Passage
2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
2023-02-23 00:00:00
Financial institutions need to address steelmaking’s coal addiction
2023-05-17 14:30:30
EACOP Financial Advisor SMBC is no longer involved with the project
2023-03-28 13:43:00
French bank Société Générale withdraws from Rio Grande LNG
2023-03-20 08:50:41
Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?
2023-03-14 14:59:00
New ING policy could spark bank shift away from financing oil and gas infrastructure
Connect
2023-05-03 00:00:00
A Rotten Business: How Barclays became the go-to bank for JBS, one of the world's most destructive meat corporations
2023-04-13 00:00:00
Banking on Climate Chaos 2023
2023-04-12 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 4
2023-03-29 00:00:00
BankTrack Annual Report 2022
See all publications
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Banks and Pandemics
Our projects
Tracking the NZBA
Banks and Putin's war in Ukraine
Tracking the Equator Principles
Tracking the PRBs
Banks and steel
End Coal Finance
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
BankTrack
About BankTrack Visit us Organisation Our team Our board Guiding principles Team up with us Jobs at BankTrack Our annual reports Funding and finances History BankTrack in the media Our privacy policy International Bank Campaigners Gathering Donate
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Login
Home › Banks ›
Bank
Fubon Financial HoldingTaiwan, Republic of China

Active

This profile is actively maintained
Last update: 2022-12-15 10:32:23
Fubon Financial Holding head office in Taipei, Taiwan. Photo: Google Earth/Streetview

Active

This profile is actively maintained
Last update: 2022-12-15 10:32:23
About
Website https://www.fubon.com/financialholdings/en/home/index.html
Headquarters
No 237, Section 1 - Jianquo South Road 106
Taipei City
Taiwan, Republic of China
CEO/chair Jerry Harn
President
Supervisor
Central Bank of the Republic of China (Taiwan)
Ownership
listed on Taiwan Stock Exchange

Fubon Financial Holding's complete shareholder structure can be accessed here.

Subsidiaries
Taipei Fubon Commercial Bank – Taiwan, Republic of China

Fubon Financial Holding (Fubon FHC) was founded in 1961 and is based in Taipei City, Taiwan. The company mainly operates through five business segments: banking, property and casualty insurance, life insurance, securities, and others and has nine subsidiaries. Taipei Fubon Commercial Bank (TFB), a wholly owned subsidiary of Fubon FHC, adopted the Equator Principles in December 2017.

Sustainability
Policies
Voluntary standards

Fubon FHC's web page on corporate social responsibility can be accessed here.

2022-07-29 00:00:00

Sustainable Development Best Practice Principles

Bank policy
2022-07-29 00:00:00 | Fubon Financial Holding
2019-12-18 00:00:00

Sustainability risk management

Date listed represents date as accessed on website
Bank policy
2019-12-18 00:00:00 | Fubon FHC
2019-12-18 00:00:00

Human rights policy

Date listed represents date as accessed on website
Bank policy
2019-12-18 00:00:00 | Fubon FHC
2019-03-22 00:00:00

Group Policy for Anti-Money Laundering and Countering the Financing of Terrorism

Bank policy
2019-03-22 00:00:00 | Fubon FHC
2019-02-11 00:00:00

Ethical management initiatives

Date listed represents date as accessed on website
Bank policy
2019-02-11 00:00:00 | Fubon FHC
2017-11-28 00:00:00

Code of ethical conduct

Bank policy
2017-11-28 00:00:00 | Fubon FHC
2015-04-28 00:00:00

Corporate social responsibility best practice principles

Bank policy
2015-04-28 00:00:00 | Fubon FHC
Fubon Financial Holding has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Dow Jones Sustainability IndicesTags: sustainable development | transparency
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
FTSE4Good Supply Chain Labour Standards CriteriaTags: corporate social responsibility | labour | supply chain | worker rights
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Science Based TargetsTags: climate change | corporate social responsibility
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Dodgy Deals

Fubon Financial Holding 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 Fubon Financial Holding's link to these deals.

Projects / Companies
Finance type
Year
Campaigns

Banks and Nature

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
Fubon Financial Holdings
2022-09-21
TWN
1.7
Follower
0
Taiwan, Republic of China
Profile
Score
Follower
1.7
20220921
Last update: 2022-09-21
Explanation

The policy assessment covers the main forest-risk commodity sectors (Beef, Palm Oil, Soy, Timber, Pulp and Paper, and Rubber). Weighted scores are based on the scope of Fubon Financial Holdings' relevant policies, taking into account different types of financing and the sectors in which the bank is active. Details about the scores per sector policy can be found on Fubon Financial Holding's profile.

Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
Fubon Financial Holdings
2022-09-21
TWN
0
Laggard
0
Taiwan, Republic of China
Profile
Score
Laggard
0
20220921
Last update: 2022-09-21
Explanation

The policy assessment covers the bank's policies related to beef. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the beef industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Fubon Financial Holding's profile.

Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
Fubon Financial Holdings
2022-09-21
TWN
1.7
Follower
0
Taiwan, Republic of China
Profile
Score
Follower
1.7
20220921
Last update: 2022-09-21
Explanation

The policy assessment covers the bank's policies related to palm oil. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the palm oil industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Fubon Financial Holding's profile.

Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Taipei Fubon Commercial Bank adopts Equator Principles

2017-12-04 | Fubon FHC
Resources
Documents
Links
2022-07-29 00:00:00

Sustainable Development Best Practice Principles

Bank policy
2022-07-29 00:00:00 | Fubon Financial Holding
2022-07-12 00:00:00

Annual report 2021

Annual report
2022-07-12 00:00:00 | Fubon Financial Holding
2021-06-07 00:00:00

Annual report 2020

Annual report
2021-06-07 00:00:00 | Fubon Financial Holding
2021-05-02 00:00:00

CSR Report 2020

Annual report
2021-05-02 00:00:00 | Fubon Financial Holding
2020-07-01 00:00:00

CSR report 2019

Annual report
2020-07-01 00:00:00 | Fubon FHC
2020-07-01 00:00:00

Annual report 2019

Annual report
2020-07-01 00:00:00 | Fubon FHC
2019-12-18 00:00:00

Sustainability risk management

Date listed represents date as accessed on website
Bank policy
2019-12-18 00:00:00 | Fubon FHC
2019-12-18 00:00:00

Human rights policy

Date listed represents date as accessed on website
Bank policy
2019-12-18 00:00:00 | Fubon FHC
2019-12-18 00:00:00

Increasing Energy Management Performance 2018

Date listed represents date as accessed on website
Bank document
2019-12-18 00:00:00 | Fubon FHC
2019-08-31 00:00:00

CSR report 2018

Annual report
2019-08-31 00:00:00 | Fubon FHC
2019-06-24 00:00:00

Annual report 2018

Annual report
2019-06-24 00:00:00 | Fubon FHC
2019-03-22 00:00:00

Group Policy for Anti-Money Laundering and Countering the Financing of Terrorism

Bank policy
2019-03-22 00:00:00 | Fubon FHC
2019-02-11 00:00:00

Ethical management initiatives

Date listed represents date as accessed on website
Bank policy
2019-02-11 00:00:00 | Fubon FHC
2019-01-28 00:00:00

Corporate governance and sustainability committee charter

Bank document
2019-01-28 00:00:00 | Fubon FHC
2018-12-31 00:00:00

Responsible investment actions

Bank document
2018-12-31 00:00:00 | Fubon FHC
2018-03-31 00:00:00

Annual report 2017

Annual report
2018-03-31 00:00:00 | Fubon FHC
2018-03-31 00:00:00

CSR report 2017

Annual report
2018-03-31 00:00:00 | Fubon FHC
2017-11-28 00:00:00

Code of ethical conduct

Bank policy
2017-11-28 00:00:00 | Fubon FHC
2016-12-31 00:00:00

CSR report 2016

Annual report
2016-12-31 00:00:00 | Fubon FHC
2016-12-31 00:00:00

Annual report 2016

Annual report
2016-12-31 00:00:00 | Fubon FHC
2016-07-01 00:00:00

Annual report 2015

Annual report
2016-07-01 00:00:00 | Fubon FHC
2015-12-31 00:00:00

CSR report 2015

Annual report
2015-12-31 00:00:00 | Fubon FHC
2015-04-28 00:00:00

Corporate social responsibility best practice principles

Bank policy
2015-04-28 00:00:00 | Fubon FHC
2014-12-31 00:00:00

CSR report 2014

Annual report
2014-12-31 00:00:00 | Fubon FHC

CSR page

Accountability
Grievances

Fubon operates a Stakeholder Communication channel which can be accessed here.

This page evaluates Fubon Financial Holding'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

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 200

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 200
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once


Average

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 209

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 209
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN%
NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 217

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 217
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 220

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 220
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 223

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 223
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN
Send feedback on this profile
Sections
Banks Policies Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature Banks and Pandemics
Our projects
Tracking the NZBA Banks and Putin's war in Ukraine Tracking the Equator Principles Tracking the PRBs Banks and steel End Coal Finance Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
BankTrack
About BankTrack Visit us Organisation Our team Our board Guiding principles Team up with us Jobs at BankTrack Our annual reports Funding and finances History BankTrack in the media Our privacy policy International Bank Campaigners Gathering Donate
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Tel: +31 24 324 9220
Contact@banktrack.org
Donate Mailing list Facebook Twitter
©2022 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted