| Summary: | 碩士 === 國立政治大學 === 商管專業學院碩士學位學程(AMBA) === 101 === The effect of global climate change caused by greenhouse gases is growing. Energy, plastics, cement and metal industry which belong to the emission intensity and high energy consumption industries are the most discussed industries. The rise of international laws, as well as the relevant government authorities in Taiwan in recent years focus on counseling these specific industries, they are more familiar with greenhouse gas reduction than financial industry. Although financial industry boasted itself as a no chimney industry, the impact on the environment was ignored until recent years, many international banks have begun to admit they should play a key role in the fighting against global climate change. To make changes in response to climate change strategy and business model, in contrast with financial institutions in Taiwan, which are lack of awareness and actions of thinking and doing so.
In this study, literature reviews, case studies and expert interviews are three major methods. As for case studies, starting with the 2009 to 2011 DJSI Dow Jones Sustainability Index, CDP's CPLI Index, Global 100 Index, three indices by the globally recognized indicators of sustainable development identify the global benchmark banks - the three indices repeated selected three times in the last three year, and Taiwanese are familiar with - HSBC and ANZ Bank as a case study, found that the banking sector can adopt many measures in response to global warming, including the internal management of corporate governance and strategy, greenhouse gas management, resource conservation, internal and external communication, the lending policies of the risks and opportunities, the development of climate-related financial products and respond to international carbon emissions trading markets.
Then interviews with Taiwanse financial industry's high-level directors, found that financial institutions in Tawian besides respond to the government green lending policy and some of the simple, cost savings implementation, for other climate change-related policies, upfront investment and the specific effectivenesses are less able to catch up with international standards. To explore the fundamental reasons are the incentives and punitive, coercive power of the environment in Taiwan are less than the force of international laws and regulations, relevant government agencies and the global carbon trading market. They should be the forces for the enterprise to take action on implementation of reducing green house gas emissions.
Last, give some suggestions for Taiwan's financial services industry in the following four aspects:
Leadership - the senior leadership needs to show high involvement and input, scanning the business environment to identify potential risks and opportunities, and promote cultural transform;
Strategy -- to consider the global and local regulations, as well as the industry voluntarily adopted standards, to consider the influence of social investment on long-term performance rather than short-term, take sustainable thinking into the core strategy and specific actions integrate into the daily operations;
Framework -- integrated organizational structure and resource for green human resource development, sustainability managers can be accessible to high-level communications;
System - effectively use the system of cost and capital investment planning, risk management system, performance evaluation and reward system, report and review system to examine the implementation of results.
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