Taiwan Depository and Clearing Corporation’s (TDCC) Investor Relations (IR) platform, dubbed Taiwan’s ESG Dashboard, will add the S&P Global ESG Scores to its database in 2022, as reported by Taiwan News on March 1. S&P Global ESG Scores uses its advanced Corporate Sustainability Assessment (CSA) scoring methodology to provide annual evaluations of environmental, social, and governance practices for over 11,000 firms across the world. S&P Global will collaborate with TDCC to help increase transparency on ESG performance, according to Global Head of S&P Global Sustainable, Manjit Jus.

TDCC rolled out the IR platform in 2019 to provide free and publicly available data on ESG and prompt good corporate governance. Aside from the S&P Global ESG Scores, the TDCC platform has included other top global rating agencies such as FTSE Russell, ISS ESG, MSCI , and Sustainalytics. In short, TDCC’s ESG dashboard can provide one-stop access to ESG indexes published by various providers, covering companies listed in the Taiwan Stock Exchange (TWSE) and the Taipei Exchange (TPEX). Similarly, in January 2022, Taiwan’s Financial Supervisory Commission (FSC) asked the TWSE to establish a database for companies’ ESG information and assess their performance. Meanwhile, the FSC also mandated greenhouse gas (GHG) emissions in annual reports from 2023 for all steel and cement companies, as well as listed companies with paid-in capital of over NTD10bn (USD361m).

Sources:

https://www.taiwannews.com.tw/en/news/4454046

https://www.taiwannews.com.tw/en/news/4335208

https://www.tdcc.com.tw/portal/en/news/content/4028979572b7827101732218cc730026https://www.taipeitimes.com/News/biz/archives/2022/01/14/2003771311