To provide Taiwan stock investors with more ESG investment references, SinoPac Securities Investment Service Corp. (hereinafter referred to as SinoPac Inv. Service) has spent three years developing the "SinoPac+ ESG Evaluation System" Covering 56 industries and nearly 500 listed companies, the ratings are now publicly available on the Taiwan Depository & Clearing Corporation's (TDCC) Investor Relations (IR) platform (ESG IR). SinoPac Inv. Service becomes the first local financial institution to offer ratings on the TDCC ESG IR platform. General Manager Poem Lee stated that the " SinoPac+ ESG Evaluation System " combines international standards (SASB) with local needs, providing a comprehensive view of the sustainability indicators with significant financial impact for listed companies in Taiwan. The ratings are available for free and aim to become one of the best reference indicators for sustainable investment in Taiwan stocks. The TDCC's ESG IR platform is the most important sustainable investment information platform for Taiwan stocks, offering domestic and international ESG trends, responsible investment tracking, and ESG rating information. Registered investors can access ratings of listed companies from various institutions. After announcing its collaboration with six major international ESG rating agencies in 2019, TDCC has added domestic rating agencies this year, highlighting its recognition and emphasis on the ESG ratings provided by local institutions.
TDCC stated that governments and institutional investors worldwide are increasingly focusing on corporate ESG performance, making ESG investment a prominent market trend. The collaboration between TDCC and SinoPac Investment Advisory will enhance the ESG information content on the ESG IR platform, providing more comprehensive services to platform users. This will significantly support Taiwanese companies and investors in achieving sustainable development goals and aligning Taiwan's capital market with international ESG trends.
Poem Lee pointed out that the " SinoPac+ ESG Evaluation System " provided on the TDCC ESG IR platform primarily targets listed companies in Taiwan that have published sustainability reports. The ratings are based on the five major sustainability dimensions of the SASB international standards, combined with common local industry sustainability issues. The ratings assess the degree to which companies grasp sustainability indicators with significant financial impact, ESG performance, transparency of sustainability information disclosure, and the opportunities and risks of ESG events affecting corporate finance and operations. The final ratings are divided into five levels: A+, A, B+, B, and C. Companies rated A+ lead their peers, while those rated C lag behind. Investors can access real-time information on the sustainability practices of Taiwan stock companies online.
SinoPac Inv. Service established its ESG Task Force in 2019 and has since developed the " SinoPac+ ESG Evaluation System." The system is currently applied to SinoPac Securities' stock products, providing stock investment portfolio recommendations that balance EPS and ESG, allowing small investors to participate in sustainable investment and practice inclusive finance. Additionally, the " SinoPac+ ESG Evaluation System " has won the Taiwan Sustainable Investment Award (TWSIA) for two consecutive years since 2021 and received the National Brand Yushan Awards - Best Product (First Prize) in 2022, with special recognition from President Tsai Ing-wen. For more information, please visit the TDCC ESG IR platform and SinoPac Inv. Service 's official website.