How Taiwanese Companies Are Responding to the Sustainable Development Goals

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How Taiwanese Companies Are Responding to the Sustainable Development Goals

By Richard Chen, Manager, Veda International Corporation

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.@CECPtweets and Global Exchange partner, CSRone Reporting, leading think-tank in Taiwan, explores key areas where Taiwan’s major industries like tech and finance are focusing SDGs responses
Wednesday, May 9, 2018 - 9:20am

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Climate change is a global challenge, and financial, supply chain and other related risks derived from climate change are among the top of the list of potential major impact risks. Taiwanese companies, like many global companies around the world, are beginning to realize the severity of the situation. Taiwanese businesses are using the Sustainable Development Goals to help guide progress and business operations for the future.

CSRone Reporting, a leading think-tank in Taiwan, recently published a critical report: “Taiwan CSR Overview and Trends: CSR Report Survey.” The report collected 515 CSR reports, analyzed 505 indicators, over 600,000 data for this annual research. 

A. More than 100 Taiwanese companies have responded to the SDGs.

According to a survey conducted by the CSRone Reporting research team, among the 515 reports compiled in 2017, 143 reports addressed SDGs and disclosed relevant practices. Compared to the 40 reports of the year before, the number grew by more than three times.

In Taiwan, reports that include corporate progress against the SDGs currently account for 28% of the total number of CSR reports. Interestingly, technology companies appear to be the most responsive to the SDGs with the technology industry accounting for 32% of all CSR reports measuring efforts against the SDGs.

Among the SDGs targeted by companies and the public, Goal 12: Responsible Consumption and Production and Goal 13: Climate Action are ranked in the top five. This would suggest that Taiwan attaches significant importance to sustainable environmental awareness.

Read the complete article on CECP Insights Blog