• Font Size:
  • S
  • M
  • L

Chapter Content

Title:

Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies  CH

Amended Date: 2022.12.23 
Categories: Corporate Governance
   Chapter I General Principles
Article 1    In order to assist companies listed on the Taiwan Stock Exchange Corporation ("TWSE") and Taipei Exchange ("TPEx") (collectively referred to as "TWSE/TPEx listed companies") to fulfill their corporate social responsibility initiatives and to promote economic, environmental, and social advancement for purposes of sustainable development, the TWSE and TPEx hereby jointly adopt the Principles to be followed by TWSE/TPEx listed companies.
    TWSE/TPEx listed companies are advised to promulgate their own sustainable development principles in accordance with the Principles to manage their economic, environmental and social risks and impact.
Info
Article 2    The Principles apply to TWSE/TPEx listed companies, including the entire operations of each such company and its business group.
    The Principles encourage TWSE/TPEx listed companies to actively fulfill sustainable development in the course of their business operations so as to follow international development trends and to contribute to the economic development of the country, to improve the quality of life of employees, the community and society by acting as responsible corporate citizens, and to enhance competitive edges built on sustainable development.
Article 3    In promoting sustainable development initiatives, TWSE/TPEx listed companies shall, in its corporate management guidelines and business operations, give due consideration to the rights and interests of stakeholders and, while pursuing sustainable operations and profits, also give due consideration to the environment, society and corporate governance.
    TWSE/TPEx listed companies shall, in accordance with the materiality principle, conduct risk assessments of environmental, social and corporate governance issues pertaining to company operations and establish the relevant risk management policy or strategy.
Article 4    To implement sustainable development initiatives, TWSE/TPEx listed companies are advised to follow the principles below:
  1. Exercise corporate governance.
  2. Foster a sustainable environment.
  3. Preserve public welfare.
  4. Enhance disclosure of corporate sustainable development information.
Article 5    TWSE/TPEx listed companies shall take into consideration the correlation between the development of domestic and international sustainable development issues and corporate core business operations, and the effect of the operation of individual companies and of their respective business groups as a whole on stakeholders, in establishing their policies, systems or relevant management guidelines, and concrete promotion plans for sustainable development programs, which shall be approved by the board of directors and then reported to the shareholders meeting.
    When a shareholder proposes a motion involving sustainable development, the company's board of directors is advised to review and consider including it in the shareholders meeting agenda.