In 2020, Taiwan's Financial Supervisory Commission (FSC) released the "Corporate Governance 3.0 – Blueprint for Sustainable Development," with five main objectives: "Enhancing the functionality of the board to increase corporate sustainability value," "Improving transparency to promote sustainable operations," "Strengthening stakeholder communication to create effective interaction," "Aligning with international standards to guide responsible governance," and "Fostering a culture of corporate sustainability governance and providing diverse products."
The transition from the traditional CSR (Corporate Social Responsibility) report to the ESG (Environment, Social, Governance) report, or sustainability report, reflects ongoing improvements to meet the demands of the current era.
An ESG sustainability report provides a comprehensive framework for evaluating and disclosing a company’s performance in environmental, social, and governance aspects. This not only helps enhance corporate transparency and trust but also attracts ESG investors, manages risks, promotes innovation and efficiency improvements, and establishes a sustainable corporate image. Additionally, the ESG report helps companies comply with relevant laws and regulations, while facilitating better communication and engagement with stakeholders and end consumers.
The main purpose of an ESG sustainability report is to disclose corporate information related to environmental, social, and governance (ESG) matters. It communicates a company’s sustainability planning and outcomes, enhancing transparency so that stakeholders can clearly assess the effectiveness of the company’s sustainability policies and management through the report.
GRI (Global Reporting Initiative): This standard is designed for multi-stakeholder audiences and is the most comprehensive and non-specific report framework. As a result, it is the most widely adopted by businesses. In 2022, approximately 98% of companies in Taiwan used this framework to write their sustainability reports, with an additional 36% integrating the TCFD framework to further identify and disclose climate-related risks. Reports are written in accordance with GRI Universal Standards.
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Written according to the standards set by the Global Reporting Initiative (GRI), covering all stakeholders, including employees, customers, suppliers, the government, and shareholders.
The ESG sustainability report can be updated periodically. As the company evolves, its indicators will also become more comprehensive and robust.
The ESG development roadmap is designed according to the company’s annual development plans, providing senior management with reference data for future strategic decisions.
With years of practical experience in writing over a thousand subsidy applications and patents, we are also a leading ESG training provider in Taiwan.
Our extensive experience in practical execution across various fields allows us to help you plan sustainability reports and create a "Corporate ESG Development Roadmap." This roadmap will assist in planning your company’s future growth while establishing ESG development goals, aligning with international standards.
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