China Development Financial Holding Corp

To establish a good climate risk management system, CDF adopted the \"Climate Risk Management Guidelines\" in 2023, as agreed by the Board of Directors, and developed corresponding climate risk management measures to mitigate and adapt to the impacts of climate change. Additionally, the Company's Board of Directors and senior management have taken into account the identified climate-related risks and have incorporated them into the development of the Company's strategy. The Group will continue to aim for sustainable development to ensure that going forward, the Company will not only be able to address the risks that climate change may pose, but will also be able to make a positive contribution to society and the environment.\n\nAiming at a more complete planning and implementation of sustainability-related strategies, the Group renamed the CSR Committee attached to the Board of Directors as the Sustainability Committee in 2022 and put it together with the Risk Management Committee under the Board of Directors. The Sustainability Committee is charged with setting guidelines on climate governance, while the Risk Management Committee applies three lines of defense, ranging from business units, management units to audit units, to incorporate climate governance into the original risk process and enhance the Company's sustainability value through a structured risk management mechanism and culture.\n\nCDF set up Task Force on Climate-Related Financial Disclosures (TCFD), consisting of a core unit and a support unit. The core unit is tasked with carrying out sustainability action plans for improvement and response, collecting and setting metrics and targets

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]CDF has established a robust climate risk management system and implemented corresponding risk management measures to meet the commitment to achieving net-zero emissions by 2045. The BOD and senior management have also taken climate-related risks into consideration when formulating the CDF's strategies. CDF has been following the Equator Principles since 2015, and in 2018, the company signed a letter of commitment to support the Task Force on Climate-related Financial Disclosures (TCFD). The company has also referred to the guidance on environmental capital aspects and industry significance provided by the Sustainability Accounting Standards Board (SASB) to comply with the requirements of the Financial Supervisory Commission of Taiwan. In 2022, the TCFD working group held four meetings to promote the annual climate targets and strategies, review the progress of CDF's TCFD implementation, and track the goals.