In 2025, Uni-President Asset Management distributed a questionnaire on the impact of material topics and received a total of 22 responses, of which 21 were valid; a questionnaire on the level of concern regarding material topics was distributed and received a total of 18 responses, of which 17 were valid. The Company adheres to the “double materiality” principle to assess both the impact of each issue on ESG (sustainability materiality) and the potential risks and opportunities it may pose to the Company’s financial condition (financial materiality).
Regarding sustainability materiality, the Company conducts a comprehensive analysis of the positive and negative impacts of each sustainability issue on the economy, the environment, and people (human rights), as well as the likelihood of occurrence. Issues with a total score exceeding 16 points are deemed to be material sustainability issues; regarding financial materiality, the Company further assesses the impact of sustainability-related risks and opportunities associated with each topic on the Company’s operations and financial performance. The top 3 topics ranked by impact are identified as financially material issues. Any topic deemed material in either sustainability materiality or financial materiality (risk or opportunity) is listed as a material topic for the current year. The analysis results are as follows:
| Sustainability topic | Sustainability materiality | Financial materiality | Aggregated Results | |
|---|---|---|---|---|
| Risk | Opportunity | |||
| Climate change management | 0 | 0 | 0 | 0 |
| Talent retention and development | 0 | 0 | 0 | 0 |
| Financial Friendliness | 0 | 0 | 0 | 0 |
| Stewardship actions | 0 | 0 | 0 | 0 |
| Sustainable finance | 0 | 0 | 0 | 0 |
| Information security | 0 | 0 | 0 | 0 |
For Uni-President Asset Management, these material topics serve not only as the foundation for sustainability governance and target management, but also as the basis for the Company’s resource allocation, formulation of management policies, performance tracking, and disclosure reporting. By regularly reviewing changes in material issues, the Company can promptly respond to the expectations of competent authorities, capital markets, and stakeholders, thereby strengthening the resilience of sustainable operations and the influence of a responsible financial institution.
Material topic analysis
Material topic
Climate change management
Significance of Material Topics Issues to Uni-President Asset Management
Uni-President Asset Management identifies climate-related risks and opportunities and assesses their impact on investment portfolios, operational management, and long-term development, thereby enhancing overall risk response capabilities. By integrating climate issues into analysis and management, the Company is able to further develop strategies to mitigate climate risks or capitalize on climate opportunities, with the aim of achieving global net-zero sustainability goals.
Description of Positive and Negative Impacts
Policies and commitments
The Company has established a Sustainable Development Policy to advance the Company’s sustainability goals and achieve ESG sustainability principles, in order to safeguard investor interests and promote the sound development of the Company’s business, while incorporating climate change-related risks into the Risk Management Policy
Action Management Approach
- Implement greenhouse gas inventories and office energy conservation measures
- Promote sustainable procurement and require key suppliers to sign the Supplier Sustainability Commitment
- Establish an industry climate impact assessment mechanism
- Strengthen the ESG engagement mechanism in stewardship actions
- Formulate ESG Investment Management Guidelines
- Promote low-carbon and paperless financial services
Corresponding International Sustainability Standards
Corresponding Section
Material topic
Talent Retention and Development
Significance of Material Topics to Uni-President Asset Management
Talent retention and development are the cornerstone of Uni-President Asset Management’s ability to maintain professional investment capabilities, ensure compliance and internal controls, and uphold operational stability. By establishing robust mechanisms for recruitment, training, performance management, remuneration and benefits, and labor-management communication, we enhance employees’ professional capabilities and willingness to stay, thereby further strengthening organizational stability and momentum for long-term development.
Description of Positive and Negative Impacts
Policies and commitments
Talent is the core of the asset management industry. The Company has established work rules and personnel management regulations. These include policies on remuneration and bonuses, personnel transfers, performance evaluations, promotions, rewards and disciplinary actions, education and training, as well as recognition programs for senior employees.
Action Management Approach
- Ensure smooth communication between management and employees
- Implement transparent promotion and rotation systems
- Plan and implement a diverse employee benefits system, including establishing an employee benefit savings trust to assist employees with long-term savings and wealth accumulation
- Implement a long-service award mechanism for senior employees
Corresponding International Sustainability Standards
Corresponding Section
Material topic
Financial Friendliness
Significance of Material Topics to Uni-President Asset Management
Financial friendliness helps Uni-President Asset Management assess whether its service processes adequately address the needs of diverse customer groups and reduce barriers customers face in accessing information, understanding products, and utilizing services. By optimizing complaint channels and service design, the Company is able to mitigate the risk of disputes and enhance its management effectiveness in customer service and financial consumer protection.
Description of Positive and Negative Impacts
Policies and Commitments
- The Company’s Policy on the Implementation of the Fair Treatment of Customers Principles, Financial Consumer Protection Policy, Customer Data Protection and Privacy Policy, and Operational Guidelines for the Sale of Financial Products and Risk Disclosure serve as the primary policy basis for promoting financial friendliness and safeguarding customer rights
- Comply with the Manager Code of Conduct
- Implement the Principles of Fair Remuneration and Performance Evaluation for Sales Personnel
Action Management Approach
- Improve the efficiency of handling customer complaints
- Establish a tracking and monitoring mechanism for customer complaints
- Establish comprehensive customer complaint channels
- Establish a “Financial Friendly Service Section
- Implement the “Fair Customer Treatment Principles Policy”
- Establish ETF fair allocation principles and implement the principle of fair trading
- Convene product meetings to implement KYP
- Comply with the Company’s Manager Code of Conduct and implement reporting of personal transactions
- Implement intraday mobile phone controls in investment research-related departments
- Implement the Principles of Fair Remuneration and Performance Evaluation for Sales Personnel
Corresponding International Sustainability Standards
Corresponding Section
Material topic
Stewardship
Significance of Material Topics to Uni-President Asset Management
Stewardship is a key approach Uni-President Asset Management employs to fulfill its fiduciary duties. Through voting, engagement, and ongoing monitoring of investee companies’ operations and sustainability performance, the Company is able to strengthen post-investment management, enhance the quality of investment decision-making, mitigate risks, and safeguard the interests of beneficiaries, while demonstrating the positive influence of institutional investors on the sustainable development of the market.
Description of Positive and Negative Impacts
Policies and Commitments
- Explicitly designate “corporate engagement” and “shareholder voting” as two of the three core elements of ESG investments
- Establish criteria for initiating engagement (e.g., ESG ratings of CCC or lower, absence of a sustainability report, or significant adverse events)
- Focus the shareholder voting policy on three key aspects: Board composition, shareholder rights, and ESG issues
Action Management Approach
- Strengthen ESG engagement activities in stewardship actions
- Collaborate with other institutions on engagement to enhance influence
Revise and implement shareholder meeting voting guidelines
Optimize the preparation and information disclosure of stewardship reports
Corresponding International Sustainability Standards
Corresponding Section
Material topic
Sustainable Finance
Significance of Material Topics to Uni-President Asset Management
Uni-President Asset Management incorporates ESG factors into its investment research, product design, and asset management processes, which helps enhance the integrity of investment decision-making and enables a more comprehensive identification of medium- to long-term risks and opportunities. At the same time, this approach also addresses investors’ needs for sustainable products.
Description of Positive and Negative Impacts
Policies and Commitments
- Voluntarily adhere to the six principles of the UN Principles for Responsible Investment (PRI)
- Establish the ESG Investment Management Guidelines to clearly define the integration of ESG throughout the entire investment process
- Establish the Voting Policy to regulate matters related to voting at shareholders’ meetings
Action Management Approach
- Formulate ESG Investment Management Guidelines
- Develop and implement portfolio carbon emissions analysis procedures to measure and disclose greenhouse gas emissions related to our own operations and investment activities
- Plan and launch green financial products and services in response to sustainable investment trends
- Increase customer usage of online trading systems
- Gradually promote zero-carbon financial services
Corresponding International Sustainability Standards
Corresponding Section
Material topic
Information Security
Significance of Material Topics to Uni-President Asset Management
Information security is critical to the protection of customer data, transaction security, and service stability at Uni-President Asset Management. It also serves as a vital foundation for maintaining regulatory compliance and brand trust. Strengthening information security management, risk identification, and response capabilities helps mitigate the risks of operational disruptions, information leakage, and reputational damage, thereby enhancing overall operational resilience.
Description of Positive and Negative Impacts
Policies and Commitments
In accordance with Information Security Management System (ISMS) standards, establish L1–L4 documentation in a tiered manner
Action Management Approach
- Strengthen internal employee education, training, and professional development
- Enhance the resilience of the information security environment
- Conduct business impact analyses for the Company’s core systems
- Strengthen cybersecurity
Corresponding International Sustainability Standards
Corresponding Section
Note: Each materiality issue is closely linked to the Company’s business strategy, risk management, and sustainability governance framework. To demonstrate the connection between material topics and the disclosures in this report, the results of the materiality analysis have been mapped to the management approaches and performance disclosure content in each chapter