Lobbying Governance
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Union Bank of Taiwan has structured its sustainability governance through measures including having “pass[ed] to formulate Measures for Setting Corporate Social Responsibility Committee at the Board of Directors’ Meeting on February 2015” and later revising “Rules for Organization of Sustainable Development Committee” so that its ESG Committee now “serves as the supreme sustainable development decision-making center within the company” responsible for “coordinated handling of the Bank’s policy, management principles and specific promotion plan of sustainable development.” However, the company does not disclose any governance process specifically for lobbying, as there are no disclosures of oversight or monitoring procedures for direct or indirect policy advocacy, nor is any individual or body named as responsible for reviewing lobbying alignment with company goals.
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