CRIF Taiwan ESG Bureau empowers financial institutions with reliable data for green financing decisions
In a joint effort to advance sustainable finance and accelerate the net-zero transition among Taiwanese enterprises, CRIF, a global leader in credit bureau, business information, and credit risk solutions, has entered into a strategic partnership with Taishin Bank. Through this collaboration, Taishin Bank will leverage CRIF’s Taiwan ESG Bureau to strengthen its ESG risk assessments and support responsible green financing.
Announced today at a strategic partnership launch ceremony, the initiative marks a key milestone for Taiwan’s financial sector. Taishin Bank will integrate the Taiwan ESG Bureau—a pioneering platform providing estimated carbon emissions and physical risk indicators for 1.6 million Taiwanese companies—into its Know Your Customer (KYC) and credit assessment processes. The partnership will strengthen ESG due diligence and enable more data-driven, transparent, and responsible financing decisions.
Empowering ESG governance with comprehensive data
As sustainability standards evolve globally, financial institutions are expected to play a proactive role in identifying ESG-ready businesses and guiding them through the transition.
Steven Chang, CEO of Taishin International Bank Wholesale Banking Group commented: “Many companies, especially small and medium-sized enterprises (SMEs), face challenges due to fragmented or insufficient ESG data. With CRIF’s Taiwan ESG Bureau, we now have a unified, standardized framework to better evaluate and support their sustainability progress.”
Daniel Yu, Country Director for CRIF Taiwan, added: “At CRIF, we are committed to enabling businesses of all sizes to thrive in a sustainable economy. Our partnership with Taishin Bank marks the first time the Taiwan ESG Bureau is being deployed by a financial institution in Taiwan, providing critical insights that will help banks guide clients on their ESG journeys and unlock green financing opportunities.”
Developed by CRIF, the Taiwan ESG Bureau aims to lower the threshold for ESG disclosure, especially for resource-limited SMEs, by offering accessible and standardized ESG data. The platform aggregates over 1,000 reports from listed companies and approximately 400 voluntary SME disclosures.
Leveraging proprietary models, it estimates carbon emissions for 1.6 million Taiwanese enterprises and includes assessments of two key physical risks: floods and landslides. The Taiwan ESG Bureau covers major industries, including manufacturing, services, electronics, and real estate, and supports businesses of all sizes—from microenterprises to large corporations—in navigating their ESG transition.
Unlocking access to green finance
As the global spotlight on climate action intensifies, Taiwan’s Financial Supervisory Commission (FSC) continues to push for stronger sustainable finance policies through its “Green and Sustainable Finance Action Plan.” Financial institutions are expected to identify climate-related risks, facilitate the decarbonization of high-emission sectors, and promote low-carbon innovation.
In this evolving landscape, transparent ESG disclosure has become essential—not just for reputation, but as a gateway to capital and participation in the broader green finance ecosystem. CRIF’s Taiwan ESG Bureau supports this shift by equipping businesses with standardized reporting tools and incentivizing ESG disclosures through certifications and performance benchmarks. These capabilities also enable banks like Taishin to assess clients’ ESG maturity and financing potential more effectively.
With ESG embedded into its core business strategy, Taishin Bank is initially set to prioritize SME clients in its ESG Bureau rollout—encouraging them to begin their sustainability journey through data disclosure and access to green financing solutions.
Looking ahead: a data-driven sustainable financial ecosystem
CRIF and Taishin Bank will continue to deepen their collaboration, co-developing new use cases that leverage ESG data to support policy alignment, enterprise transition, and financial innovation. The partnership also aims to foster a robust, data-powered ESG ecosystem that delivers long-term value for businesses, financial institutions, and society.
About Taishin International Bank
Taishin International Bank, established in 1992, is one of Taiwan's leading commercial banks and a wholly owned subsidiary of Taishin Financial Holding Co., Ltd. The bank offers a comprehensive range of financial services through its core business segments: Retail Banking, Wholesale Banking, and Financial Markets. With a robust domestic presence and international branches in Singapore, Hong Kong, and Tokyo, as well as representative offices in Ho Chi Minh City and Yangon, Taishin Bank is committed to delivering innovative, customer-centric solutions. The bank emphasizes digital transformation, sustainable finance, and inclusive banking, aligning with global ESG standards and the Equator Principles. Taishin Bank continues to drive financial innovation while fostering long-term value for its clients, stakeholders, and communities.
