Bank
Taishin International BankTaiwan, Republic of China
Active
This profile is actively maintained
Last update: 2022-07-12 14:08:31
Taishin International Bank's headquarters in Taipei. Photo: Lord Koxinga via Wikimedia Commons (CC BY SA 3.0)
Active
This profile is actively maintained
Last update: 2022-07-12 14:08:31
About
| Website | https://www.taishinbank.com.tw |
| Headquarters |
No.44 Chung-Shan N. Rd., Sec.2,
Taipei
Taiwan, Republic of China
|
| CEO/chair |
Tong-Liang Wu Chairman & CEO |
| Supervisor | |
| Ownership |
listed on Taiwan Stock Exchange
Taishin International Bank is part of Taishin Financial Holdings (TFH). TFH's shareholder structure can be accessed here. |
Taishin International Bank is a commercial bank in Taiwan, which was established in 1992. The bank offers financial services through three business segments: Wholesale banking, Retail Banking and Finance and Financial Markets. The bank is active across Taiwan, and has offices in Hongkong, Vietnam, Singapore, Myanmar, Japan and Australia. In November 2019 Taishin International Bank adopted the Equator Principles.
Sustainability
Policies
Voluntary standards
Taishin Financial Holdings' webpage on corporate social responsibility can be accessed here. TFH mentions it has established Environmental and Social Risk Management Sector Guidelines, but these are not publicly available.
Taishin International Bank has committed itself to the following voluntary standards:
Dodgy Deals
Taishin International Bank 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 Taishin International Bank's link to these deals.
Projects / Companies
Finance type
Year
Campaigns
Banks and Nature
Taishin International Bank’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 0.5 out of 10 and ranking it as a laggard. Taishin International Bank achieved a score of 0 out of 10 specifically for its policies related to the beef sector and 0.5 out of 10 for its policies related to the palm oil sector. Between 2016 and 2022, Taishin International Bank provided USD 379 million in credit to companies operating in these forest-risk sectors. For more information, see the links below.
Forest & Finance Policy Assessment 2022: Overall scores
BankLast update
Country
Score
Ranking
Details
Taishin International Bank
2022-09-27
TWN
0.5
Laggard
0
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
Taishin International Bank
2022-10-18
TWN
0
Laggard
0
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
Forest & Finance Policy Assessment 2022: Palm Oil
BankLast update
Country
Score
Ranking
Details
Taishin International Bank
2022-10-18
TWN
0.5
Laggard
0
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.
Resources
Documents
Links
Accountability
Grievances
Taishin International Bank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.
This page evaluates Taishin International 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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