Legislator and NGOs Urge Improvement as Four Major Funds Lag in Climate Governance

The Environmental Justice Foundation (EJF) and DPP Legislator Lin Yue-qin today released a report analyzing climate-related financial disclosures of Taiwan’s government funds. The report reveals that the four major funds—Labor Pension, Labor Insurance, Public Service Pension, and Postal Savings—suffer from insufficient climate information disclosure and unclear transition plans. Failing to align with the 2050 net-zero target could expose NT5 trillion in public assets to climate and financial risks. Cheng Jie-yuan of the Ministry of Transportation stated that the Ministry recognizes financial power as a key driver for net-zero transition. The Postal Savings Fund has committed to following the Financial Supervisory Commission’s schedule for portfolio disclosure and carbon calculations to ensure transparency. EJF project director Chen Ting-yu noted that the funds fail to disclose the carbon emissions of their portfolios or conduct scenario analyses on climate impacts. Legislator Lin emphasized that government-managed assets must align with environmental sustainability goals and called for international reviews involving experts and civic groups to ensure Taiwan meets international standards. She urged the funds to inventory high-carbon exposures and propose clear paths toward the 2050 goal to protect the long-term stability of public assets.