{"id":29672,"date":"2024-11-01T09:59:20","date_gmt":"2024-11-01T01:59:20","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=news&#038;p=29672"},"modified":"2024-11-06T18:31:46","modified_gmt":"2024-11-06T10:31:46","slug":"tesg-ratings-unveiled-showcasing-the-esg-strength-of-taiwanese-companies","status":"publish","type":"news","link":"https:\/\/www.tejwin.com\/en\/news\/tesg-ratings-unveiled-showcasing-the-esg-strength-of-taiwanese-companies\/","title":{"rendered":"TESG Ratings Unveiled! Showcasing the ESG Strength of 2,462 Taiwanese Companies"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TESG-rating-index_202412-1024x576.jpg\" alt=\"TESG Ratings Unveiled! Showcasing the ESG Strength of 2,462 Taiwanese Companies\" class=\"wp-image-29682\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TESG-rating-index_202412-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TESG-rating-index_202412-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TESG-rating-index_202412-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TESG-rating-index_202412-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TESG-rating-index_202412-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TESG-rating-index_202412.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">TESG rating, sustainability, TE<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e0192810a48\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e0192810a48\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tejwin.com\/en\/news\/tesg-ratings-unveiled-showcasing-the-esg-strength-of-taiwanese-companies\/#TESG_Ratings_Revealed_Which_Companies_Stand_Out_in_the_ESG_Arena\" >TESG Ratings Revealed! Which Companies Stand Out in the ESG Arena?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tejwin.com\/en\/news\/tesg-ratings-unveiled-showcasing-the-esg-strength-of-taiwanese-companies\/#Transparency_of_ESG_Information_in_Taiwan_Policy_Momentum_and_Corporate_Engagement\" >Transparency of ESG Information in Taiwan: Policy Momentum and Corporate Engagement \u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tejwin.com\/en\/news\/tesg-ratings-unveiled-showcasing-the-esg-strength-of-taiwanese-companies\/#Tracking_Sustainability_Risks_in_Real-Time_%E2%80%93_The_ERS_Event_Radar_Score_for_ESG_Monitoring\" >Tracking Sustainability Risks in Real-Time \u2013 The ERS (Event Radar Score) for ESG Monitoring<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tejwin.com\/en\/news\/tesg-ratings-unveiled-showcasing-the-esg-strength-of-taiwanese-companies\/#Looking_Forward_How_to_Stay_Ahead_in_the_Sustainability_Race\" >Looking Forward: How to Stay Ahead in the Sustainability Race?\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TESG_Ratings_Revealed_Which_Companies_Stand_Out_in_the_ESG_Arena\"><\/span>TESG Ratings Revealed! Which Companies Stand Out in the ESG Arena?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On November 1, Taiwan Economic Journal (TEJ) released the latest <strong><a href=\"https:\/\/www.tejwin.com\/en\/news\/tesg-rating\/\" target=\"_blank\" rel=\"noreferrer noopener\">TESG Rating<\/a> <\/strong>for 2,462 companies. 498 companies were upgraded, 464 were downgraded, and 76 were changed by more than 2 levels, with 8 changing by more than 3 levels.\u00a0<\/p>\n\n\n\n<p>For many companies, the key factor in upgrading TESG Rating was the first release of sustainability reports aligned with the latest 2021 GRI standards. Notably, companies in the technology and communications, renewable resources and alternative energy, and resource sectors performed exceptionally well.&nbsp;<\/p>\n\n\n\n<p>TESG is the first ESG indicator in Taiwan authorized by SASB. It provides comprehensive ESG ratings for Taiwan&#8217;s publicly listed companies. Using over 70 quantitative variables and covering 16 sustainability topics, TESG ratings represent not only companies&#8217; achievements in ESG (Environmental, Social, and Governance) but also serve as a crucial reference for investors and financial institutions evaluating future potential.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized caption-align-center\"><img decoding=\"async\" width=\"1024\" height=\"534\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/EN_\u5716\u72471-1024x534.png\" alt=\"Distribution of Latest TESG Ratings for Taiwan Publicly Listed Companies as of 2024H2\" class=\"wp-image-29684\" style=\"width:745px;height:auto\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72471-1024x534.png 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72471-300x156.png 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72471-150x78.png 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72471-768x401.png 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72471-1536x801.png 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72471.png 1593w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Chart1\uff1aDistribution of Latest TESG Ratings for Taiwan Publicly Listed Companies as of 2024H2<\/figcaption><\/figure>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Transparency_of_ESG_Information_in_Taiwan_Policy_Momentum_and_Corporate_Engagement\"><\/span><strong>Transparency of ESG Information in Taiwan: Policy Momentum and Corporate Engagement \u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Against a backdrop of evolving regulations, the number of corporate sustainability reports has steadily risen each year. With updates to the &#8220;Sustainability Report Guidelines,&#8221; corporate responsibility for disclosing sustainability information has been reinforced, aligning reporting structures with global standards.&nbsp;<\/p>\n\n\n\n<p>According to TEJ data, as of October, the number of publicly traded companies in 2023 releasing sustainability reports grew by over 10% compared to the previous year, totaling 1,080 companies, or 44% of all publicly listed companies. The main drivers for this growth are increased voluntary disclosures and mandatory disclosures by securities firms under new regulations.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized caption-align-center\"><img decoding=\"async\" width=\"1024\" height=\"515\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/EN_\u5716\u72472-1024x515.png\" alt=\"Disclosure Status of Sustainability Reports Among Publicly Listed Companies in Taiwan Over the Years\u00a0\" class=\"wp-image-29688\" style=\"width:776px;height:auto\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72472-1024x515.png 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72472-300x151.png 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72472-150x75.png 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72472-768x386.png 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72472-1536x772.png 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72472.png 1616w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Chart2\uff1aDisclosure Status of Sustainability Reports Among Publicly Listed Companies in Taiwan Over the Years\u00a0<\/figcaption><\/figure>\n\n\n\n<div style=\"height:17px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tracking_Sustainability_Risks_in_Real-Time_%E2%80%93_The_ERS_Event_Radar_Score_for_ESG_Monitoring\"><\/span>Tracking Sustainability Risks in Real-Time \u2013 The ERS (Event Radar Score) for ESG Monitoring<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While sustainability reports are issued annually and TESG ratings biannually in May and November, TEJ fills the reporting gap by collecting daily news and announcements on corporate activities to build an ESG event database. The Event Radar Score (ERS) converts factors like event impact, timing, and frequency into an ESG risk value. The ERS is integrated into the TESG model to enhance rating sensitivity.&nbsp;<\/p>\n\n\n\n<p>For example, a recent industrial accident at a green energy company resulted in a one-level TESG downgrade, while an overseas parent company of an electronics firm saw a two-level downgrade after senior executives were implicated in multiple violations of the Securities Exchange Act.&nbsp;<\/p>\n\n\n\n<p>For financial institutions, responsible investment and lending management can benefit from the ERS, which mitigates information delays due to low reporting frequency. ERS allows daily monitoring of ESG risks, improving the efficiency and intensity of corporate ESG oversight. It can also support pre-investment and pre-loan evaluations, and ESG risk management within investment and lending processes.&nbsp;\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"925\" height=\"772\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72473.png\" alt=\"ERS Event Radar calculates a company\u2019s ESG event score daily\u00a0\nAs a tool for daily monitoring of corporate ESG events\u00a0\" class=\"wp-image-29690\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72473.png 925w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72473-300x250.png 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72473-150x125.png 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/EN_\u5716\u72473-768x641.png 768w\" sizes=\"(max-width: 925px) 100vw, 925px\" \/><figcaption class=\"wp-element-caption\">Chart3\uff1aERS Event Radar calculates a company\u2019s ESG event score daily\u00a0<br>As a tool for daily monitoring of corporate ESG events\u00a0<\/figcaption><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:28px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Looking_Forward_How_to_Stay_Ahead_in_the_Sustainability_Race\"><\/span>Looking Forward: How to Stay Ahead in the Sustainability Race?\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>With stricter reporting standards, companies must quickly adapt to regulatory changes and enhance information transparency to remain competitive. TESG ratings will become an essential tool for measuring corporate sustainability competitiveness, helping investors make informed decisions in a rapidly changing market.&nbsp;<\/p>\n\n\n\n<p>Additionally, for daily monitoring, TESG Event Radar Score ERS provides daily composite event radar scores for each company, users can use the ERS to quickly assess the level of ESG event risk associated with a company, compare it with peers, or track ESG event risk trends over a specific period.&nbsp;<\/p>\n\n\n\n<p>Learn more about TESG and ERS to optimize your ESG investment strategy, please visit\u00a0<strong> <a href=\"https:\/\/www.tejwin.com\/en\/solution\/esg-sustainability-solution-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">TEJ ESG Sustainability Solution<\/a><\/strong>.\u00a0<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-75 has-custom-font-size\" style=\"font-size:25px\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/solution\/esg-sustainability-solution-2\/\" style=\"background:linear-gradient(135deg,rgb(186,216,138) 0%,rgb(13,91,23) 100%)\"><strong>For more information on TESG<\/strong><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On November 1, Taiwan Economic Journal (TEJ) released the latest TESG Rating for 2,462 companies. 498 companies were upgraded, 464 were downgraded, and 76 were changed by more than 2 levels, with 8 changing by more than 3 levels.\u00a0<\/p>\n","protected":false},"featured_media":29682,"parent":0,"menu_order":0,"template":"","tags":[3036,3010],"news-category":[688],"class_list":["post-29672","news","type-news","status-publish","has-post-thumbnail","hentry","tag-esg-sustainability-solution","tag-tesg","news-category-product-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news\/29672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media\/29682"}],"wp:attachment":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media?parent=29672"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/tags?post=29672"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news-category?post=29672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}