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Social Investment

Year
Giving back to the society isn’t just what we do; it’s what we truly believe in. When choosing charity partners, we not only focus on long-term projects (at least three years), but also look into the size of population that could potentially benefit from the projects in order to maximize the social impact of our efforts. Given our firm belief in education, CDF and its subsidiaries have engaged in a variety of charity and emergency aid programs that center on education. We also put great emphasis on industry-academia collaboration as well as the training and cultivation of new talent for the financial industry. We hope to create a positive influence on the society through our long-term and systemic participation in corporate giving programs. Our charity projects can be divided into four major categories: charitable donations & educational aid, community investment & industry-academia collaboration, art cultivation & commercial initiatives, and employee engagement.

Input

Total Cash Contribution
NT$mn
Cash contributions 98760
Time: Employee volunteering 27050
In-kind giving 3400
Management overheads 8220
Time Input
Volunteer employees 4,488 staff
Volunteering hours 32,652 hours
Management Overheads
Management overheads NT$ 8220 mn
Others
Staff charity fundraising NT$ 2830 mn

Performance and Target

Charitable Donations & Educational Aid
Charitable Donations & Educational Aid
Performance
Financial assistance to student victims of Formosa Fun Coast Explosion: 54 students benefited
Target for
next year
Financial assistance to student victims of Formosa Fun Coast Explosion: support the students who have suffered in the explosion to complete their studies and follow up on their health conditions
Community Investments
Community Investments
Performance
Heritage 100 X Tutelage 100:In 2019, grants of NT$ 5mn in total were provided to 100 college students, who offered 10,000 tutorial hours to 100 underprivileged children, benefiting 100 schools.
 
Online Charity Donation Platform:Over 1,000 donations have been made since launch, of nearly NT$1.0mn value
Target for
next year
Heritage 100 X Tutelage 100:add 100 college students and 100 underprivileged children
 
Online Charity Donation Platform:Continue to partner with more social- welfare organizations or hospitals to becoming a tool for happiness
Art Cultivation & Commercial Initiatives
Art Cultivation & Commercial Initiatives
Performance
CDIB Capital Innovation Accelerator:
  • Invested in 15 start-ups
  • Held 12 one-day start-up board of directors meetings under the exclusive investee mentorship program; organized 3 start-up afternoon tea sessions
129 innovation and startup forums in the Accelerator’s free networking space in 2019, attended by 3,593 participants.
Target for
next year
CDIB Capital Innovation Accelerator:
  • 17 portfolio companies of CDIB Capital Innovation Accelerator
  • Organize 12 one-day startup board meetings (Start-up Mentor Project) and three start-up workshops
Organize 50 free start-up seminars at CDIB Capital Innovation Accelerator
SROI (Social Return On Investment)
SROI (Social Return On Investment)
Performance
Heritage 100 X Tutelage 100: 4.9
Target for
next year
Heritage 100 X Tutelage 100:to have a greater social impact and create more social benefits
Note
We assess the performance of our charity projects by measuring the input, output and social impact of such projects based on the London Benchmarking Group (LBG) model.