Chailease Holding announced that it has been approved by the Science Based Targets initiative (SBTi), confirming its carbon reduction targets and pathways, which meet the net-zero standard for financial institutions. Chailease becomes the first company in Taiwan's financial industry to pass the "Financial Institutions Near-Term (FINT) Criteria Version 2.0"as well.
The SBTi published the FINT Criteria Version 2.0 in 2024, officially effective at the end of November and explicitly required the financial industry to fully align with the 1.5 degrees Celsius climate goal.
The SBTi offered a scientific framework to guide the specific path to the net-zero target and assist financial institutions that derive more than 5% of their revenue from investment, lending, or insurance activities to exert influence by selecting investment portfolios to promote the carbon reduction transformation of industries, and achieve net-zero emissions.
Chailease commits to achieving an absolute reduction of 42% in greenhouse gases in Categories 1 and 2 by 2030, compared to the 2023 base year. Category 3, Section 15, focuses on intensity reduction targets, including equity investments and SME financing, covering real estate, fossil fuel equipment, and the steel and cement industries.
Chailease, together with its clients, aims to achieve net-zero emissions by 2050, prioritizing the achievement of incremental targets by 2030.
Chailease announced its decarbonization policy for the transition to fossil fuels, including immediately ceasing new coal-fired expansion activities and financing of new oil or gas projects or companies, and committing to gradually phase out all coal projects and companies.
Chailease aims to achieve its carbon reduction targets in both Scope 1 and Scope 2, it has been following international standards since 2014, successively implementing the ISO 14001 environmental management system, the ISO 50001 energy management system in 2016, and the ISO 14064-1 greenhouse gas inventory system in 2020.
Chailease continued to improve in accordance with the management systems through planned and systematic approaches and completed the replacement of Taiwan company cars with low-carbon hybrid electric vehicles by 2023. Moreover, Chailease will achieve 100% renewable electricity use at Taiwan office locations by 2030.
Chailease stated that to promote greenhouse gas emission reduction in Category 3 and assist SMEs and MSMEs in improving their operational capabilities and practicing ESG, it has cooperated with the Small and Medium Enterprise Association to hold 12 consecutive SME Strategy Forums, published 4 books on SME strength with Business Weekly, promoted SME ESG self-assessment guidance with the Taiwan Institute of Economic Research, promoted ESG courses, research and reporting with media.
Chailease values corporate social responsibility, actively invests in sustainability and has gained international recognition, including being included in the MSCI ESG rating for 12 consecutive years, achieving the highest rating of AAA in 2025, being included in the Dow Jones Sustainability Indices (DJSI) for 5 consecutive years, and consistently maintaining a B rating in the CDP Climate Change category.
Chailease stated that by formulating supplier human rights and environmental sustainability clauses, it promoted a sustainable supply chain and worked with suppliers to achieve high ethical standards, respect labor rights and environmental sustainability goals, and further cooperated with supplier partners to enhance carbon management efficiency.