JOSEPH HUANG
CHAIRMAN, E.Sun Bank
BUSINESS LEADER INTRODUCTION
Since setting the goal of becoming a Net Zero emissions bank by 2050, E.SUN has been actively promoting various carbon reduction initiatives, from the management team’s personal commitment to the implementation in daily work. Joseph Huang has led the company to gradually realize its Net Zero transformation goals in every aspect of the enterprise.In 2022, E.SUN achieved a 7% reduction in Scope 1 & 2 carbon emissions, introduced carbon pricing in investment, the E.SUN FHC lending businesses, and integrated TCFD & TNFD frameworks to publish climate and natural environment reports which received high recognition from the TNFD organization and is making steady progress towards its ambitious goals.
The outbreak of the military conflicts in 2022 led to soaring global energy prices and inflation, testing the wisdom and determination of all parties in pursuing balanced ESG development. The Egypt-hosted United Nations Climate Conference COP27 set the theme of ‘From Commitment to Implementation’, with the slogan ‘Together for implementation’ visible in four locations, reflecting the phenomenon of many corporations giving empty promises without corresponding actions.
A journey of a thousand miles begins with a single step and the key to fulfilling the company’s commitments lies in execution. E.SUN’s team is committed to advancing towards the three major mountains of ‘integrated performance, corporate social responsibility, and sustainable development’. In the process of implementing the company’s goals, it will also continuously refine itself. In addition to Net Zero targets, Joseph Huang ensures that E.SUN also responds to global biodiversity targets, referring to Taiwan’s ‘forest bird species’ and ‘agricultural land bird species’ national indicators, striving to promote natural growth recovery before 2030 and realizing the Vision of a beautiful homeland.
ACHIEVEMENT AND IMPACT
Empathy, understanding, and curiosity are also elements that Joseph Huang values with his people-oriented approach. For example, in promoting inclusive finance, the company first understands the pain points of vulnerable groups such as the elderly, rural areas, and low-income populations in financial services. Joseph Huang pushes the company to actively develop innovative finance and collaborates with cross-industry partners to provide humanized financial services. Specific actions include the company’s proactive care for the disadvantaged, sharing microinsurance protection concepts and assisting the public in insurance investments in rural areas, providing basic personal insurance for economically disadvantaged and specific ethnic groups, cooperation with medical institutions to establish dementia-specific and simulation education training, enhancing empathy and understanding of dementia patients, and providing empathetic financial services, realizing the ideal of inclusive finance.Thanks to past efforts, E.SUN has joined the Sustainable Finance Frontiers Alliance under the Financial Supervisory Commission’s call, pledging to take more proactive actions on five major issues: green procurement, investment, and financing agreements, information disclosure, assistance and promotion, and international docking. Joseph Huang will be ensuring that E.SUN also serves as the convener of the policy and guidance group in the Financial Zero Emissions Working Platform, assisting Taiwan’s financial industry in examining the financial carbon emissions status, setting zero-emission targets, and promoting more effective corporate attention to sustainability issues and accelerating capital investment in transformation projects through the Financial Zero Emissions Platform.
For others, it might be a great dream for a single enterprise to help the whole country become more prosperous and powerful. However, E.SUN was founded with the ambition to become a world-class bank, guiding generations of E.SUN members like the North Star, filling the company with passion and hope, and gathering more people to pursue this dream bravely. Now Joseph Huang is sharing this great dream with more enterprises, looking forward to having more like-minded partners join the company and striving together for the ideal homeland.
Joseph Huang is Chairman of E.SUN Commercial Bank, the core subsidiary
of E.SUN Financial Holding Company. Under his leadership, E.SUN is leading
in ESG (environmental, social, and governance) management and has been
listed in the Dow Jones Sustainability Emerging Markets Index since 2014 as
the company with the best performance in Taiwan’s financial industry.
