Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

33438

TDCC launches new ESG dashboard

RELATED TOPICS​

Taiwan Depository & Clearing Corporation (TDCC), the central securities depository of Taiwan, has launched a new solution, the Taiwan ESG Dashboard, to help issuers and investors access ESG ratings of Taiwanese companies.The Taiwan ESG Dashboard will enable domestic issuers to effectively manage their ESG ratings and empower local institutions to engage on ESG issues, by providing them a consolidated channel to access ratings from leading ESG rating providers. FTSE Russell, ISS ESG, MSCI and Sustainalytics have collaborated with TDCC on the project.

“ESG ratings reflect the diversified views of the community,” says Sherman Lin, Chairman and CEO of TDCC. “Issuers and investors can utilise ratings as benchmarks to comply with global standards and integrate ESG into their investment process.”

Helena Fung, Head of Sustainable Investment, Asia Pacific, FTSE Russell, says: “We are delighted to collaborate with TDCC on their new ESG initiative, a mark of our ongoing commitment to markets in Taiwan and across the Asia Pacific region. FTSE Russell’s ESG Ratings and data model provide globally recognised standards for market participants and companies to utilise as they incorporate sustainability approaches into their investment strategies.”

Since 2018, Institutional Shareholder Services (ISS) has been the premier partner of TDCC annual conferences through its wholly owned subsidiary, ISS Corporate Solutions, which caters to companies across Taiwan and the Asia-Pacific regional more broadly. The relationship expanded in 2019 when TDCC and ISS entered into a partnership for vote delivery. Today’s announcement reflects a further expansion of this critical partnership to now encompass ISS ESG, the responsible investment arm of ISS.

“Events over recent months have made clear why ESG matters now more than ever for investors, their portfolio companies, and stakeholders broadly,” says Marija Kramer, Head of ISS ESG. “We are pleased to partner with the TDCC on this significant initiative in recognition of the importance and vibrancy of Taiwan’s capital markets.”

“ESG is increasingly being viewed by investors as a critical factor for building portfolios,” said Chitra Hepburn, Head of APAC ESG Client Coverage at MSCI. “We are delighted to collaborate with TDCC to provide institutional investors in Taiwan with MSCI’s ESG ratings, helping them to integrate ESG considerations throughout their investment process.”

Sustainalytics first began supporting TDCC with the provision of ESG research for its depository clients in 2019. “We congratulate Sherman and the team at TDCC on their thought leadership in bringing this innovative Investor Relations Platform solution to market,” said Jodie Tapscott, Director, Client Relations & Head of Asia Pacific ex Japan at Sustainalytics. “This ESG Dashboard will build positive momentum to improve corporate ESG disclosure and encourage further ESG integration in an institutional investment market rapidly adopting responsible investment principles.”

The Taiwan ESG Dashboard will be delivered on TDCC IR Platform, the flagship ESG initiative in Taiwan aiming to encourage sustainable investing and enhance companies’ performance on ESG issues.

Latest News

MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..
New research from cloud security firm Zscaler reports a disconnect between European company confidence in..

Related Articles

Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by