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Home › Banks ›
Bank
O-BankTaiwan, Republic of China

Active

This profile is actively maintained
Last update: 2023-08-10 16:44:59
O-Bank headquarters in Taipei City, Taiwan. Photo: Google Earth/Streetview

Active

This profile is actively maintained
Last update: 2023-08-10 16:44:59
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
2023-06-29 00:00:00

Human Rights Policy

Bank policy
2023-06-29 00:00:00 | O-Bank
2023-03-17 00:00:00

Human rights due diligence procedure

Bank policy
2023-03-17 00:00:00 | O-Bank
2022-08-16 00:00:00

Climate change risks

Date listed represents date as accessed on website
Bank policy
2022-08-16 00:00:00 | O-Bank
2021-12-20 00:00:00

Sustainable credit and investment policy

Bank policy
2021-12-20 00:00:00 | O-Bank
2021-08-27 00:00:00

CSR principles

Date listed represents date as accessed on website
Bank policy
2021-08-27 00:00:00 | O-Bank
2021-05-13 00:00:00

Sustainable investment principles

Bank policy
2021-05-13 00:00:00 | O-Bank
2021-01-26 00:00:00

CSR best practices policy

Bank policy
2021-01-26 00:00:00 | O-Bank
2020-08-24 00:00:00

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
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Asian banks falling behind in implementation of UN Human Rights Principles, new BankTrack benchmark shows

New benchmark of 18 Asian banks shows human rights performance below the global average
2022-04-05 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

O-Bank adopts Equator Principles

2021-08-24 | EPA
Resources
Documents
2023-06-29 00:00:00

Human Rights Policy

Bank policy
2023-06-29 00:00:00 | O-Bank
2023-06-06 00:00:00

Annual report 2022

Annual report
2023-06-06 00:00:00 | O-Bank
2023-03-17 00:00:00

Human rights due diligence procedure

Bank policy
2023-03-17 00:00:00 | O-Bank
2022-08-16 00:00:00

Climate change risks

Date listed represents date as accessed on website
Bank policy
2022-08-16 00:00:00 | O-Bank
2022-05-18 00:00:00

CSR report 2021

Annual report
2022-05-18 00:00:00 | O-Bank
2022-05-03 00:00:00

Annual report 2021

Annual report
2022-05-03 00:00:00 | O-Bank
2021-12-20 00:00:00

Sustainable credit and investment policy

Bank policy
2021-12-20 00:00:00 | O-Bank
2021-08-27 00:00:00

CSR principles

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

Annual report 2020

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

CSR Report 2020

(document in Chinese language)
Annual report
2021-08-27 00:00:00 | O-Bank
2021-05-13 00:00:00

Sustainable investment principles

Bank policy
2021-05-13 00:00:00 | O-Bank
2021-01-26 00:00:00

CSR best practices policy

Bank policy
2021-01-26 00:00:00 | O-Bank
2020-08-24 00:00:00

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
0
Taiwan, Republic of China
Score
Laggard
2.5
Explanation

O-Bank's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark Asia 2022. The bank is assessed as a Laggard, with a total score of 2.5 out of 14.

Policy: 1.5/3
Due dilligence: 1/5
Reporting: 0/3
Remedy: 0/3

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.
Send feedback on this profile
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Financial Exclusions Tracker Equator-Complaints.Org Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
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