Recent Publications

Taiwan Economic Research Monthly Keep up with ESG megatrends ‧ In the future, the operations of all enterprises must comply with ESG-related norms, which involve a wide range of aspects, and are bound to be one of the most important issues in the next ten years. In recent years, countries have also proposed policies on the sustainable development of society and enterprises, so the formulation of sustainable development policies has become one of the most important issues in the world. Different from social responsibility, which was only implemented by enterprises themselves in the past, it has now become the primary issue related to revenue and survival. In addition, the current financial report, which mainly evaluates the quality of a company, cannot fully reflect the company's current operating conditions and the harm to society and the environment. Therefore, ESG is an important way to internalize external costs. Not only are large enterprises and governments aware of the importance of ESG, but the concepts of consumers and investors are also gradually changing. The world is paying more attention to ESG. However, the implementation of ESG is not easy, because there is indeed no common standard for ESG evaluations, indicators, and guidelines around the world. The government must introduce globally applicable guidelines or formulate clear standards and norms, so that Taiwanese companies can jointly transform towards sustainable development.