Taiwan's publicly accessible, expert-curated ESG (environmental, social, and governance) dashboard will see the addition of well-known S&P Global ESG scores this year amid the global push for a green recovery after COVID-19.
Tasked with promoting good corporate governance, the Taiwan Depository and Clearing Corporation (TDCC) launched the online dashboard in 2019. Officially known as the Investor Relations (IR) Platform, it has become a reliable reference for corporate issuers, financial institutions, and retail investors and includes ESG scores for locally listed companies from top global ESG data providers.
ESG data and climate intelligence data is cross-checked, validated, and standardized across the 11,000+ companies assessed for S&P Global ESG scores. Through the S&P Global Corporate Sustainability Assessment (CSA), over 2,200 companies engage directly with S&P Global to provide in depth information to support the development of S&P Global ESG Scores. S&P Global ESG Scores along with the underlying ESG data is made available through various S&P Global Market Intelligence delivery channels.
Jane Huang (黃蓁蓁), Head of the TDCC's Issuer Services Department said: "The addition potentially makes the TDCC's ESG dashboard the world's first comprehensive database of the kind. To align with the TDCC's mission to promote responsible investing and good corporate governance in Taiwan, the dashboard is open to the public and free to use.” she stated.
Manjit Jus, Global Head of ESG Research, S&P Global Sustainable said: "Company level data on ESG continues to grow in significance as businesses navigate the transition to a sustainable future while accounting for stakeholder interests. S&P Global is delighted to work with TDCC to help increase transparency on ESG performance.” he stated.
Taiwan Depository and Clearing Corporation (TDCC) digitalized the capital market of Taiwan with its establishment as the central securities depository (CSD) in 1989. Today, TDCC leads Taiwan market with its innovative custody, securities settlement, and issuer services. TDCC ESG solutions aim to encourage sustainable investing and enhance companies’ performance on ESG issues. TDCC seeks to achieve this goal through cooperating with leading research agencies, providing data-driven ESG solutions, and facilitating stakeholder dialogues.
To learn more, please visit: https://irplatform.tdcc.com.tw/
About S&P Global Sustainable1
S&P Global Sustainable1 is the central source for sustainability intelligence from S&P Global. Sustainable1 matches customers with the ESG products, insights and solutions from across S&P Global's divisions to help meet their unique needs. Our comprehensive coverage across global markets combined with in-depth ESG intelligence provides financial institutions, corporations and governments an unmatched level of clarity and confidence to successfully navigate the transition to a sustainable future. Our data and well-informed point of view on critical topics like energy transition, climate resilience, positive impact and sustainable finance allow us to go deep on the details that define the big picture so customers can make decisions with conviction.
To learn more, please visit: www.spglobal.com/esg
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities around the world use this essential intelligence to make business and financial decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. S&P Global has been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. For more information, visit www.spglobal.com/marketintelligence.