Taiwan’s largest “2023 Global ESG Transformation Forum” hosted by KGI Securities and IR Trust was launched on September 6. In addition to attracting more than 300 CEOs and senior executives of listed companies and investments from more than 100 domestic and foreign professional institutions. In total, the listed companies account for nearly NT$2 trillion in total market capitalization of the Taiwan stock market.
Huang Tsung Jung, president of Yi Yun CEO Club and chairman of SAI, pointed out that what is currently known internationally is to levy “carbon tax”, while Taiwan collects “carbon fee”. Whether the two can be aligned by then remains to be seen in the future. The government needs to conduct negotiations to maintain the competitiveness of the industry. “As long as government policies come out, I believe Taiwanese companies have the resilience to adapt; but policies must be consistent with international standards, so that the industry can respond well.” Huang also pointed out that as early as many years ago, SAI has already started preparing for ESG, including requirements from customers and suppliers. Therefore, SAI’s ESG plan is moving faster than other companies. However, after current inspection, carbon emissions from electricity consumption still account for 2/3 of the overall carbon emissions. The above has become the biggest problem to solve at present. He also emphasized: “NO ESG, NO MONEY” and encouraged enterprises to work together.
