| Article 1 |
These Rules are established according to Paragraph 3, Article 47 of the Operating Rules of the Taiwan Stock Exchange Corporation.
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| Article 2 |
A listed company shall prepare and file a sustainability report in Chinese according to these Rules, and it is advisable that said report be approved through a resolution passed by the board of directors.
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| Article 3 |
A listed company shall prepare an annual sustainability report for the preceding year in accordance with the Universal Standards, Sector Standards, and Material Topic Standards published by the Global Reporting Initiatives (GRI). In the report, the company shall disclose its identified material economic, environmental and people (including their human rights) topics and impacts, topic-specific disclosure, and its reporting requirements. Reference may also be drawn from the Sustainability Accounting Standards Board (SASB) standards in the disclosure of information on industry metrics and an index of the SASB metrics that correspond to the report's content.
The sustainability report mentioned in the preceding paragraph shall include relevant environmental, social and corporate governance risk assessments and lay out the performance indicators to manage the material topics identified.
In the sustainability report, a listed company shall disclose what Content Index of the GRI Standards corresponds to the contents of the report and specify in the report whether the topic-specific disclosures have been assured or verified by a third party.
The topic-specific disclosure referred to in Paragraph 1 shall be evaluated and disclosed by adopting the standards in compliance with the rules of the competent authorities. If the competent authorities have not promulgated the applicable standards, the company shall adopt the approach of evaluation commonly used in practice or the universally applicable international approach.
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| Article 4 |
A listed company under one of the following circumstances shall enhance industry-specific disclosure of sustainability metrics. Appendices 1-1 to 1-3:
- At the end of the most recent fiscal year, the company falls into the food industry, chemical industry and financial and insurance industry prescribed in the Taiwan Stock Exchange Corporation Key Points for Classifying and Adjusting Categories of Industries of Listed Companies.
- The financial report for the most recent fiscal year submitted pursuant to Article 36 of the Securities and Exchange Act indicates that no less than 50% of the company's operating revenue is derived from food and beverage.
An assurance report issued by a certified public accountant in accordance with the standards promulgated by the Accounting Research and Development Foundation shall be obtained on the industry-specific sustainability metrics which a listed company mentioned in the preceding paragraph discloses in accordance with Appendices 1-1 to 1-3.
A company in the cement industry, plastics industry, iron and steel industry, oil, electricity and gas industry, semiconductor industry, computer and peripheral equipment industry, optoelectronics industry, communication network industry, electronic parts and components industry, electronic access industry, and other electronics industries whose paid-in capital as at the last day of the most recent fiscal year is NT$2 billion or more shall enhance industry-specific disclosure of the sustainability metrics (Appendices 1-4 to 1-14).
If the company's stock has no par value or has a par value other than NT$10 per share, for the calculation of the paid-in capital of NT$2 billion as at the last day of the most recent fiscal year under the preceding paragraph, a net worth of NT$4 billion shall be substituted.
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Appendix 1-1-Sustainability Disclosure Indicators - Listed Companies in the Food Industry and Those with at least 50% of the Operating Revenue Derived from Food and Beverage
Appendix 1-2-Sustainability Disclosure Indicators - Chemical Industry
Appendix 1-3-Sustainability Disclosure Indicators-Financial and Insurance Industry
Appendix 1-4-Sustainability Disclosure Indicators - Cement Industry
Appendix 1-5-Sustainability Disclosure Indicators - Plastics Industry
Appendix 1-6-Sustainability Disclosure Indicators - Steel Industry
Appendix 1-7-Sustainability Disclosure Indicators - Oil, Electricity, and Gas Industry
Appendix 1-8 to 1-14-Sustainability Disclosure Indicators - Semiconductor Industry, Computer and Peripheral Equipment Industry, Optoelectronic Industry, Communications and Internet Industry, Electronic Parts／Components Industry, Electronic Products Distribution Industry, and Other Electronic Industries
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| Article 4-1 |
A listed company shall dedicate a specific section of the report to the disclosure of climate-related information. Appendix 2.
The applicable timetables for the Scope 1 and Scope 2 greenhouse gas (GHG) inventories in the information under the preceding paragraph are as follows:
- Those in the iron and steel industry, cement industry, or having a paid-in capital of NT$10 billion or more as at the last day of the most recent fiscal year shall disclose the data for the individual company from 2023, and disclose the data for the parent company and all subsidiaries in the consolidated financial statements from 2025.
- Those having a paid-in capital of NT$5 billion or more but less than NT$10 billion as at the last day of the most recent fiscal year shall disclose the data for the individual company from 2025, and disclose the data for the parent company and all subsidiaries in the consolidated financial statements from 2026.
- Those having a paid-in capital of less than NT$5 billion as at the last day of the most recent fiscal year shall disclose the data for the individual company from 2026, and disclose the data for the parent company and all subsidiaries in the consolidated financial statements from 2027.
Listed companies shall carry out Scope 1 and Scope 2 GHG verification according to the following timetables:
- Those in the iron and steel industry, cement industry, or having a paid-in capital of NT$10 billion or more as at the last day of the most recent fiscal year shall complete verification for the individual company from 2024, and complete verification for the parent company and all subsidiaries in the consolidated financial statements from 2027.
- Those having a paid-in capital of NT$5 billion or more but less than NT$10 billion as at the last day of the most recent fiscal year shall complete verification for the individual company from 2027, and complete verification for the parent company and all subsidiaries in the consolidated financial statements from 2028.
- Those having a paid-in capital of less than NT$5 billion as at the last day of the most recent fiscal year shall complete verification for the individual company from 2028, and complete verification for the parent company and all subsidiaries in the consolidated financial statements from 2029.
Listed companies shall disclose their targets, strategies, and specific action plans (including those of their subsidiaries as listed in the consolidated financial statements) in connection with carbon reduction according to the following timetables:
- Listed companies and those in the iron and steel industry and cement industry having a paid-in capital of NT$10 billion or more as at the last day of the most recent fiscal year shall complete disclosure from 2025.
- Those having a paid-in capital of NT$5 billion or more but less than NT$10 billion as at the last day of the most recent fiscal year shall complete disclosure from 2026.
- Those having a paid-in capital of less than NT$5 billion as at the last day of the most recent fiscal year shall complete disclosure from 2027.
If the company's stock has no par value or has a par value other than NT$10 per share, for the calculation of the paid-in capital of NT$10 billion as at the last day of the most recent fiscal year under paragraphs 2 to 4, a net worth of NT$20 billion shall be substituted; for the calculation of the paid-in capital of NT$5 billion or more as at the last day of the most recent fiscal year, a net worth of NT$10 billion shall be substituted.
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Appendix 2-Climate-Related Information of TWSE／TPEx Listed Company
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| Article 4-2 |
A domestic TWSE listed company sustainability report shall disclose the average and median salaries of full-time employees who do not hold managerial positions, as well as the changes in these two figures compared to the previous year. The aforementioned information may be disclosed through a reference index on the information reporting website designated by the TWSE.
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| Article 5 |
CPAs handling verification of sustainability metrics under Article 4, paragraph 2, and the CPA firms to which they belong, and the personnel handling GHG verification under Article 4-1, paragraph 3, and the bodies to which they belong, all shall comply with the relevant provisions of the Directions for the Management of Verification Bodies of Sustainability Reports of TWSE and TPEx Listed Companies, which shall be applicable from 2024.
A listed company shall disclose the sustainability report and the link to the file of that report posted on the company's website on the internet information reporting system designated by TWSE before August 31 each year.
A listed company shall establish the operational procedure for preparation and assurance of the sustainability report, and include this procedure in its internal control system.
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| Article 6 |
These Rules shall take effect after having been submitted to and approved by the Competent Authority. Subsequent amendments thereto shall be effected in the same manner.
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