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O-BankTaiwan, Republic of China

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This profile is actively maintained
Last update: 2024-06-07 00:00:00
O-Bank branch in Zhongxiao Dunhua, Taiwan. Photo: Solomon203 via Wikimedia Commons (CC BY SA 4.0)

Active

This profile is actively maintained
Last update: 2024-06-07 00:00:00
Bank info
BankTrack campaigns
All
About
Website http://www.o-bank.com
Headquarters
No.99, Sec. 2, Tiding Blvd., Neihu Dist.,
Taipei City
Taiwan, Republic of China
CEO/chair Tina Y. Lo
Chairman
Supervisor
Central Bank of the Republic of China (Taiwan)
Ownership
listed on Taipei Exchange

O-Bank's largest shareholder is Ming Shan Investment (12.74%). The bank's complete shareholder structure can be accessed here.

O-Bank (formerly named Industrial Bank of Taiwan) was founded in 1999 as Taiwan’s first newly-established industrial bank. The bank is headquartered in Taipei City. O-Bank’s financial services include corporate banking, trade finance, financial market, securitization, and trusts.

Sustainability
Commitments
Policies
Voluntary standards

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

Links

Sustainable policies and rules

CSR Principles

Human rights policy

Bank policy
2024-05-09 00:00:00 | O-Bank

Sustainable Credit and Investment Policy

Bank policy
2024-05-02 00:00:00 | O-Bank

Climate Risk Management Policy

Bank policy
2024-04-09 00:00:00 | O-Bank

Environmental policy

Bank policy
2023-09-15 00:00:00 | O-Bank

Guidelines for the Phase-Out of Coal and Unconventional Oil &Gas Related Industries

Bank policy
2023-08-31 00:00:00 | O-Bank

Human rights due diligence procedure

Bank policy
2023-03-17 00:00:00 | O-Bank

Climate change risks

Date listed represents date as accessed on website
Bank policy
2022-08-16 00:00:00 | O-Bank

CSR principles

Date listed represents date as accessed on website
Bank policy
2021-08-27 00:00:00 | O-Bank

Sustainable investment principles

Bank policy
2021-05-13 00:00:00 | O-Bank

CSR best practices policy

Bank policy
2021-01-26 00:00:00 | O-Bank

Environmental management policy

Bank policy
2020-08-24 00:00:00 | O-Bank
O-Bank 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
United Nations Global CompactTags: United Nations | human rights
News
Resources
Documents

Annual report 2023

Annual report
2024-06-07 00:00:00 | O-Bank

Human rights policy

Bank policy
2024-05-09 00:00:00 | O-Bank

Sustainable Credit and Investment Policy

Bank policy
2024-05-02 00:00:00 | O-Bank

Climate Risk Management Policy

Bank policy
2024-04-09 00:00:00 | O-Bank

Environmental policy

Bank policy
2023-09-15 00:00:00 | O-Bank

Guidelines for the Phase-Out of Coal and Unconventional Oil &Gas Related Industries

Bank policy
2023-08-31 00:00:00 | O-Bank

Annual report 2022

Annual report
2023-06-06 00:00:00 | O-Bank

CSR report 2022

Annual report
2023-05-22 00:00:00 | O-Bank

Human rights due diligence procedure

Bank policy
2023-03-17 00:00:00 | O-Bank

Climate change risks

Date listed represents date as accessed on website
Bank policy
2022-08-16 00:00:00 | O-Bank

CSR report 2021

Annual report
2022-05-18 00:00:00 | O-Bank

Annual report 2021

Annual report
2022-05-03 00:00:00 | O-Bank

CSR principles

Date listed represents date as accessed on website
Bank policy
2021-08-27 00:00:00 | O-Bank

Annual report 2020

Annual report
2021-08-27 00:00:00 | O-Bank

CSR Report 2020

(document in Chinese language)
Annual report
2021-08-27 00:00:00 | O-Bank

Sustainable investment principles

Bank policy
2021-05-13 00:00:00 | O-Bank

CSR best practices policy

Bank policy
2021-01-26 00:00:00 | O-Bank

Environmental management policy

Bank policy
2020-08-24 00:00:00 | O-Bank
Accountability
Grievances

O-Bank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

O-Bank 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 O-Bank'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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Banks and Human Rights

Banks and Human Rights

BankTrack assessed O-Bank in its 2022 Human Rights Benchmark Asia, where it achieved 2.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.

The BankTrack Human Rights Benchmark

Human Rights Benchmark Asia 2022

BankLast update
Country
Score
Ranking
Details
O-Bank
TWN
2.5
Laggard 2.5
Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6 points
6.5 - 9 points
9.5 - 14 points
For more details see this page.