Central News Agency (CNA) Taipei, July 1 - Cathay Financial Holding President Chang-Geng Li stated today that a water treatment company invested in over 20 years ago by Cathay Venture and a few shareholders has seen its stock price surge, proving that sustainability does not necessitate sacrificing profits; both can be achieved. Cathay Life announced it is further expanding its coal divestment efforts, with plans to cease new investments in stocks where more than 5% of revenue is derived from the coal industry by the end of 2040. Cathay Financial Holding held its 10th Cathay Sustainable Finance and Climate Change Forum today. In a video address, FSC Chairman Chin-Lung Peng affirmed Cathay Financial Holding's 10-year contribution to sustainable finance and climate change issues, stating the FSC will continue to strengthen the development of green and transition finance markets, encouraging financial institutions to assist corporate transformation and enhance resilience through innovative financial instruments. In his speech, Chang-Geng Li noted that 10 years ago, climate change was largely considered an environmental issue, but it has now become a systemic risk impacting economic development and industrial competitiveness. Li emphasized Cathay Financial Holding's three core principles in promoting sustainability: first, a commitment to long-term value, as climate risks do not disappear with economic cycles; second, innovation-driven growth, where sustainability and growth are not mutually exclusive but can mutually promote value creation; and third, a commitment to collaborative well-being, inviting all parties to participate in addressing systemic risks like climate change, which is the original intention behind Cathay Financial Holding's continuous hosting of the forum. Li pointed out that the forum invited a water treatment company to share its experiences. When this company was founded over 20 years ago, it was supported only by Cathay Venture and a few sharehold