CTBC wins industry accolade at ‘ESG Corporate Awards 2019’

CTBC Financial Holding Co., Ltd. won awards including the
CTBC Financial Holding Co., Ltd. won awards including the "Excellence in Environmental, Social, and Governance-Platinum Award Winners," "Best Initiative in Social Responsibility." (Courtesy of CTBC)

TAIPEI (The China Post) — “The Asset,” a financial magazine for Asia’s decision-makers, unveiled on Nov. 15 the recipients of the “ESG Corporate Awards 2019” of which CTBC Financial Holding Co. Ltd. (中國信託金融控股公司) won the industry accolade for “Excellence in Environmental, Social and Governance” performance (Platinum Award) and “Best Initiative in Social Responsibility.”

More importantly, CTBC President Daniel Wu (吳一揆) was named the “Best Chief Executive Officer of 2019” in recognition of the financial institution’s commitment to sustainable finance, environmental protection, social participation, and corporate governance for many years.

There is, therefore, little wonder that the company has been recognized by authoritative international media and has become the leader among global ESG corporations.

“The Asset” pointed out that due to the implementation of a strict separation of “ownership” and “management rights,” CTBC has become the first financial holding company in Taiwan with more than half of its independent directors among its board of directors.

On the other hand, as the chairman of the “Corporate Sustainability Committee” (企業永續委員會), Daniel Wu has contributed to achieving the Sustainable Development Goals (SDGs), which won him the “Best Chief Executive Officer of 2019.”

Daniel Wu, president of the company, was awarded the "Best Chief Executive Officer of the Year 2019." (Courtesy of CTBC)
CTBC President Daniel Wu was awarded the “Best Chief Executive Officer of 2019.” (Courtesy of CTBC)

Since he became CTBC president in 2010, Daniel Wu has received 16 individual awards from internationally renowned financial media and impartial units such as “Finance Asia” and “Corporate Governance Asia.”

It is worth mentioning that CTBC has won the “Excellence in Environmental, Social, and Governance” (Platinum Award) for the eighth times with the five primary objectives of corporate governance, environmental sustainability, employee care, service, as well as social participation. Criteria for the award include the environment, social, and governance, also known as “ESG.”