China Development Financial (2883.TW)

Overall impact
C (54)

Commentary

China Development Financial is an average overall performer. With a 'C' rating of 53.6 for overall impact (48th percentile compared to all companies), China Development Financial ranks 7th out of 75 industry peers, behind TGS ASA, Subsea 7, Epiroc and 3 others, and ahead of Core Laboratories, Basic Energy Services, Natural Gas Services and 65 others. On top material causes for China Development Financial's industry (Oil & Gas), China Development Financial performs well in Reduced Green House Gas Emissions (87.8 score), Decent, Safe Work Opportunities (87.3) and Terrestrial Biodiversity (82.5) and performs poorly in Sustainable Use of Water (8.1 score), Reduced Waste (4.3), Renewable Energy Growth (37.4) and 5 other causes where it received a 'D' or 'F' score.
Impact
Cause 2883.TW
Peer rank
Overall impact

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Impact trend

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Company

China Development Financial

Employees
13,785
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Taiwan
Share classes
2883.TW
Description
KGI Financial Holding Co., Ltd. engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally. The company offers financial services, such as deposits, loans, and credit cards; wealth management, consumer and corporate banking, and foreign exchange services; and direct investment, corporate finance, and capital market services for domestic and foreign customers, as well as fund scheduling. It also provides investment strategies and strategic advisory services; corporate banking services, including financial services for startups, micro-enterprises, SMEs, large enterprises, and private equities; upstream, midstream, and downstream supplier services; project financing products; cross-border trade businesses; short-term financing with supply chain cash flow, sustainable/green energy project financing, and asset-backed loans; corporate strategic services comprising credits, foreign exchange hedging, cash management, and trade financing; and currency, interest rate, commodity, and equity security of spot market and derivative financial product trading. In addition, the company offers life insurance, covering life, group, accident, health, injury, variable annuities, travel safety, and universal insurance; invests in securities, real estate, overseas markets, loans, and other foreign investments. Further, it provides retail brokerage and wealth management, investment banking, fixed income, derivatives, FINI equity and sales, registry and transfer agency, and proprietary trading services; passive fund, or exchange; private placement and public active fund; and mandate business. The company was formerly known as China Development Financial Holding Corporation and changed its name to KGI Financial Holding Co., Ltd. in August 2024. KGI Financial Holding Co., Ltd. was founded in 1959 and is headquartered in Taipei, Taiwan.
Material causes
Ethos considers the following causes material for China Development Financial, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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