Climate Governance
Climate Governance Framework and Division of Responsibilities
In light of the increasingly severe impacts of global climate change and the rising expectations and demands from competent authorities, investors, and other stakeholders regarding climate-related disclosures, Uni-President Asset Management not only ensures that the Board of Directors oversees and supervises climate-related issues, but has also established a Sustainable Development Promotion Team under the Board of Directors in accordance with Article 33 of the “Corporate Governance Best Practice Principles for Securities Investment Trust Enterprises and Securities Investment Consulting Enterprises of the Securities Investment Trust & Consulting Association of the R.O.C.” The Sustainable Development Promotion Team operates through a cross-departmental collaboration model to coordinate the planning and implementation of the Company’s sustainability and climate-related strategies, assist in tracking and reviewing implementation results, and ensure that climate-related actions are effectively integrated into the Company’s overall operations and risk management framework.
Uni-President Asset Management Climate Governance Framework
Board of Directors
The Board is the highest governing body for climate change at President Securities Investment Trust and bears ultimate responsibility for the effectiveness of climate-related management. It oversees climate strategy and implementation, reviews the appropriateness of the governance framework and policies, and considers relevant internal rules, regulatory requirements and climate-risk management reports.
The Board incorporates climate issues into corporate governance and business management. In 2025, the Sustainable Development Promotion Task Force reported climate-related matters to the Board four times, including quarterly progress on climate targets, climate-change and ESG disclosures, risk assessment responses, and the establishment of an IFRS Sustainability Disclosure Standards project team.
Sustainable Development Promotion Task Force
The Sustainable Development Promotion Task Force is led by management and authorized by the Board to coordinate sustainability and climate-related matters across functions. It meets quarterly to discuss climate-risk and opportunity metrics, strategy implementation, TCFD reporting and other climate disclosures, and reports progress on climate targets to the Board.
The President serves as convener and chair, with the heads of Operations Services and New Financial Product Development as deputy conveners. Leaders from the President's Office, Sales, Risk Management, Compliance, Fund Management, Information, and Separately Managed Accounts participate in four working groups. The Environmental Sustainability and Sustainable Finance groups form the core teams for managing climate risks and opportunities, advancing operational decarbonization and sustainable investment, products and services.
Climate Talent Development
To equip the Board, management and employees to oversee and incorporate climate issues into strategy and daily operations, the Company provides tiered training and requires regular ESG and climate-risk management courses. During the year, 32 employees obtained sustainability-finance foundation certifications, 78 participated in external ESG training, and internal online courses recorded 243 completed attendances.
Climate Policies and Rules
To ensure effective climate-risk management, the Company uses its Sustainable Development Policy as the foundation for sustainability governance. It follows environmental regulations and international standards, advances green operations, energy conservation, carbon reduction and green procurement, and assesses climate-related risks and opportunities. Climate risk is formally included in the Risk Management Policy and integrated into investment and risk-management decisions. The Climate Change Management Guidelines and ESG Investment Management Measures define responsibilities for climate risks and opportunities and strengthen the resilience of operations and investment portfolios.