We are very excited to announce that Yuanta Financial Holding Company (FHC) is joining PBAF as a supporter. A statement of the organisation about their motivation and the importance of joining PBAF:
With “becoming an international benchmark enterprise for sustainability and actively promoting a better future for future generations” as our vision, Yuanta FHC is committed to long-term efforts on combating climate change which includes the conservation of biodiversity. We are fully aware of the significance of tackling biodiversity issues such as deforestation and illegal wildlife activities. Most importantly, Yuanta FHC is joining PBAF as a supporter because we want to contribute to the vision that “in 2050, loans and investments by financial institutions have substantially shifted to economic activities that use biodiversity in a sustainable way or contribute to the conservation and recovery of biodiversity, in line with the targets of the Global Biodiversity Framework.” To safeguard our planet, Yuanta FHC is enthusiastic to work with stakeholders. We are delighted to join PBAF, aiming to enhance learning and share knowledge about nature-based solution for our investors.
The PBAF team welcomes Yuanta FHC to the partnership and is looking forward to a valuable collaboration.
A long-term financial-industry leader in Taiwan, Yuanta Financial Holding Company (FHC) has the most comprehensive coverage and more than 10,000 professionals offering customers a full range of financial services. Yuanta FHC, leads industry market shares in both securities brokerage and margin lending, along with a dominant investment banking business. On the banking side, following the merger with Ta Chong Bank, Yuanta Bank became one of Taiwan’s largest private banks, which transformed Yuanta from a primarily securities-based business model into an FHC with equal strength in both banking and securities. Yuanta FHC has been selected as a constituent of DJSI World and DJSI Emerging Markets for 5 consecutive years, and has been repeatedly ranked No. 1 globally by the S&P Global CSA in Diversified Financial Services and Capital Markets. For more information please visit: https://www.yuanta.com/EN/About-Yuanta
The Partnership for Biodiversity Accounting Financials (PBAF) develops the ‘PBAF Standard’. The PBAF Standard enables financial institutions to assess and disclose impact and dependencies on biodiversity of loans and investments. PBAF provides practical guidance to financial institutions on biodiversity impact and dependency assessment and defines what is needed in order for these assessments (either or not conducted by data providers) to deliver the right information to financial institutions. With this information financial institutions can effectively manage and report on biodiversity related risks and opportunities and contribute to the conservation and sustainable use of biodiversity. For more information please visit: https://pbafglobal.com/about-pbaf
