Hua Nan Financial Holdings was the first financial holding company established in Taiwan. Founded on January 29, 1919, Hua Nan Commercial Bank marked its 100th anniversary in 2019. As a century-old enterprise, we are fully aware that an enterprise can only operate everlasting by seeking new changes and advancing with the times.
2018 marks the 5th year of the Company's compilation of the CSR Report. We are constantly adjusting our pace and forging ahead steadily. In 2017, we first integrated the UN's Sustainable Development Goals (SDGs) into the Group's corporate social responsibility activities to examine current practices and respond to future business risks. In 2018, we further adopted the framework of Integrated Reporting and reviewed
the input and output of six major capitals in order to convey the Group's corporate value to our stakeholders more effectively.
As a member of the financial industry, we recognize that the financial industry is an important driving force to the development of other industries. Only by combining the Environmental, Social, and corporate Governance (ESG) with the main lines of business can we bring positive benefits to society. The task of the financial industry is to provide funds for enterprises and individuals, so as to drive the industrial development and enhance people's well-being. Achieving outstanding performance is the most significant fulfillment of our corporate social responsibility and the basis for the sustainable development of the Group.
For a long time, the Group has continuously upheld the concept of “taking from society, giving back to society" on the basis of stable profitability to protect the tangible assets of customers and the original intentions of numerous people. In 2018, Hua Nan Financial Holdings' financial performance hit a record high with NT$14.621 billion in consolidated net profit after tax (an increase of 22%) and an EPS of NT$1.27. We reported the largest growth of profits among all financial holding companies in Taiwan.
In non-financial performance, we also achieved remarkable success. In the 5th Corporate Governance Evaluation conducted by Taiwan Stock Exchange Corporation, Hua Nan Financial Holdings ranked top 5% of all listed companies.Hua Nan Financial Holdings was once again selected as a constituent stock in the FTSE4 Good Emerging Index and FTSE4 Good TIP Taiwan ESG Index. In addition, Hua Nan Financial Holdings received the Sustainable Development Model Award in the 25th National Quality Award from the Ministry of Economic Affairs, and three excellence awards in the 9th Great Award from Taiwan Academy of Banking and Finance, namely the Best Social Responsibility Award, the Best Digital Finance Award, and the Best Consumer Finance Award. It was the stateowned bank that won the most awards. This shows that our ESG performance has received the recognition from domestic and international professional agencies.
As a member of the global village, the Group expects to pursue a new economic model for sustainable development by responding to environmental issues with its core business. In April 2018, HNCB issued NT$1 billion in green bonds. HNCB has established the "Green Energy Technology Financing Promotion Team" to integrate internal resources and the Bank's business capacity for advancing green energy technology financing businesses. The Team also works with foreign banks, green energy technology operators, and local governments to expand green finance business opportunities. In 2018, Hua Nan Commercial Bank was selected as an excellence bank for "Incentive Policy for Loans from Domestic Banks to Innovative Key Industries (Phase 1)" by the Financial Supervisory Commission and won the Circular Economy Industry Special Award, won the Financial Service Merit Award in the 5th Top Solar Award from the Ministry of Economic Affairs, and won the Green Energy Financial Contribution Award in the Renewable Energy Promotion Award from Taichung City Government, all of which were the recognition of the Group's commitment to green finance.
Inaddition, HNCB has conducted BSI assessments and certifications for three consecutive years since 2016, and obtained the ISO 14001 Environmental Management System and ISO 14064-1 Greenhouse Gas Inventory certifications. At the end of 2018, we also obtained the ISO 50001 Energy Management System certification. In the future, we will gradually expand the scope of GHG inventory in hopes of fully tracking and analyzing the Group's GHG emissions and reducing the environmental impact. HNCB started to integrate the Spirit of the Equator Principles into its credit investigation process in 2018 in the hope of guiding corporate customers to appreciate the impact of their business activities on the environment and society with its financial influence.
In the future, we will uphold the Group's five core principles of "Honesty, Efficiency, Activeness, Responsibility, and Teamwork (HEART)" to maintain sustainable development and create a better society for all.