Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | https://www.taishinbank.com.tw |
Headquarters |
No.44 Chung-Shan N. Rd., Sec.2,
Taipei
Taiwan, Republic of China
|
CEO/chair |
Tong-Liang Wu Chairman & CEO |
Supervisor | |
Ownership |
listed on Taiwan Stock Exchange
Taishin International Bank is a subsidiary of Taishin Financial Holdings (TFH). TFH's shareholder structure can be accessed here. |
Taishin International Bank is a commercial bank in Taiwan, which was established in 1992. The bank offers financial services through three business segments: Wholesale banking, Retail Banking and Finance and Financial Markets. The bank is active across Taiwan, and has offices in Hongkong, Vietnam, Singapore, Myanmar, Japan and Australia. In November 2019 Taishin International Bank adopted the Equator Principles.
Taishin International Bank's parent's (Taishin Financial Holdings) most important sustainability commitments can be found at the website sections listed below.
Taishin International Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Taishin International Bank's link to these deals.
Taishin International Bank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.
Taishin International Bank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates Taishin International Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Nature
Taishin International Bank’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 0.5 out of 10 and ranking it as a laggard. Taishin International Bank achieved a score of 0 out of 10 specifically for its policies related to the beef sector and 0.5 out of 10 for its policies related to the palm oil sector. Between 2016 and 2022, Taishin International Bank provided USD 379 million in credit to companies operating in these forest-risk sectors. For more information, see the links below.
Forest & Finance Policy Assessment 2022: Overall scores
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Forest & Finance Policy Assessment 2022: Beef
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Forest & Finance Policy Assessment 2022: Palm Oil
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows: