| Article 1 |
To promote emphasis by securities firms on sustainable development and the information needs of relevant stakeholders, and to strengthen information disclosures relating to sustainable management, the Taiwan Stock Exchange, the Taipei Exchange, and the Taiwan Securities Association (the Securities Association) have jointly formulated these Rules for compliance.
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| Article 2 |
Securities firms shall prepare and file sustainability reports in accordance with these Rules and enhance disclosures of sustainability metrics (see appended Table). These Rules do not apply to Taiwan branches of foreign securities firms nor to securities firms concurrently operated by other enterprises.
Except as otherwise provided by these Rules, securities firms shall comply with the provisions of the Rules Governing the Preparation and Filing of Sustainability Reports by TWSE and TPEx Listed Companies relating to the financial and insurance industry.
Paid-in capital in these Rules means the paid-in capital reported in the financial report filed for the most recent fiscal year under Article 21 of the Regulations Governing Securities Firms.
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Table-Securities Firm Sustainability Disclosure Metrics
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| Article 3 |
A securities firm that is TWSE listed or TPEx listed shall prepare and file a sustainability report in accordance with the Rules Governing the Preparation and Filing of Sustainability Reports by TWSE and TPEx Listed Companies.
An integrated securities firm that is a subsidiary of a TWSE listed or TPEx listed company shall, from 2024, prepare and file a sustainability report in Chinese for the preceding fiscal year.
A securities firm that does not fall under the preceding two paragraphs shall, according to the following timetable, choose at its discretion either to prepare and file a sustainability report or to disclose the sustainability metrics in accordance with the appended Table of Article 2:
- A securities firm that has paid-in capital of NT$5 billion or more and is not a subsidiary of a TWSE listed or TPEx listed company shall file from 2023.
- A securities firm that is a subsidiary of a TWSE listed or TPEx listed company and is not an integrated securities firm and has paid-in capital of NT$2 billion or more but less than NT$5 billion shall file from 2024.
- An integrated securities firm that has paid-in capital of less than NT$2 billion shall file from 2025.
- A securities firm that is not an integrated securities firm and has paid-in capital of less than NT$2 billion shall file from 2026.
A securities firm that is a subsidiary of a financial holding company and is not a TWSE listed or TPEx listed company may prepare and file a sustainability report jointly with the parent company. However, the content should clearly identify the sustainability practices of the securities subsidiary and the disclosure items required of it.
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| Article 4 |
The applicable timetables for the Scope 1 and Scope 2 greenhouse gas (GHG) inventories, assurance, and disclosure of carbon reduction targets, strategies, and specific action plans are as follows:
- A securities firm that is TWSE listed or TPEx listed shall follow the provisions of the Rules Governing the Preparation and Filing of Sustainability Reports by TWSE and TPEx Listed Companies.
- An integrated securities firm that is a subsidiary of a TWSE listed or TPEx listed company shall follow the same timetable as its TWSE listed or TPEx listed parent.
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| Article 5 |
A securities firm that is neither TWSE listed nor TPEx listed but whose shares have been publicly issued shall, by 31 August of each year, post on its company website a link to its sustainability report file and disclose the report on the designated internet information reporting system. One whose shares have not been publicly issued shall post the sustainability report file on its company website by the above deadline. One that has not built a company website may post the file on the Securities Association website.
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| Article 6 |
(Deleted)
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| Article 7 |
These Rules and any amendments hereto will be implemented after their approval for recordation by the Financial Supervisory Commission.
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