| Article 1 |
These Rules are established according to Article 11, paragraph 1, subparagraph 8 of the Taipei Exchange Rules Governing Securities Trading on the TPEx. These Rules do not apply to companies whose stock is traded as managed stock.
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| Article 2 |
If a TPEx listed company is in any of the following circumstances, it shall prepare and file a sustainability report in Chinese according to these Rules:
- At the end of the most recent fiscal year, the company falls into the food industry, chemical industry, or financial industry prescribed in the Taipei Exchange Directions for Classifying and Adjusting the Industry Categories of TPEx 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 percent of the company's total operating revenue is derived from food and beverage.
- The financial report for the most recent fiscal year submitted pursuant to Article 36 of the Securities and Exchange Act indicates that the company's paid-in capital is not less than NT$2 billion. However, if it is less than NT$5 billion, it may postpone the application of this provision until 2023.
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$5 billion under paragraph 1, a net worth of NT$10 billion shall be substituted; for the calculation of the paid-in capital of NT$2 billion, a net worth of NT$4 billion shall be substituted.
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| Article 3 |
A TPEx listed company that meets the requirements of Article 2 herein shall each year prepare a sustainability report for the preceding year by referring to the Global Reporting Initiative (GRI) General Standards, Sector Standards, and Topic Standards issued by the GRI. The company's report shall disclose its identified material economic, environmental, and/or social topics and impacts, its topic-specific disclosures for each material topic, and the reporting requirements for those disclosures.
The "sustainability report" under the preceding paragraph shall include an assessment of ESG (environmental, social and governance) related risks and shall set out relevant performance metrics for managing its identified material topics.
In the sustainability report, a TPEx listed company shall include a GRI Content Index, which specifies each of the GRI Standards to which the contents of the report correspond, and specify in the report whether the topic-specific disclosures have been assured or certified by a third party.
The topic-specific disclosures referred to in paragraph 1 shall be measured and reported using the standards prescribed by the competent authority for the relevant industry. If the competent authority for the relevant industry has not issued applicable standards, the company shall use the measurement method customarily used in practice.
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| Article 4 |
In addition to the content referred to in the preceding article, the sustainability reports prepared by TPEx listed companies shall enhance industry-specific disclosures of the sustainability metrics for TPEx listed companies in the food industry, those specified in Article 2, paragraph 1, subparagraph 2, and those in the chemical industry or financial industry. (Tables 1-1 to 1-3)
A TPEx listed company specified in paragraph 1 shall obtain a letter of opinion issued by a CPA, in accordance with the standards published by the Accounting Research and Development Foundation, ROC, on its industry-specific sustainability metrics disclosed based on Tables 1-1 to 1-3.
Companies 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 components industry, electronic access industry, and other electronics industries shall enhance industry-specific disclosure of the sustainability metrics (Tables 1-4 to 1-14). However, a company with paid-in capital of NT$2 billion or more but less than NT$5 billion may postpone the application of this provision until 2024.
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$5 billion under the preceding paragraph, a net worth of NT$10 billion shall be substituted; for the calculation of the paid-in capital of NT$2 billion, a net worth of NT$4 billion shall be substituted.
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| Article 4-1 |
A TPEx listed company specified in Article 2 shall dedicate a specific section of the report to the disclosure of climate-related information. (Table 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 paid-in capital of NT$10 billion or more 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 paid-in capital of NT$5 billion or more but less than NT$10 billion 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 paid-in capital of less than NT$5 billion 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.
The TPEx listed companies specified in Article 2 shall carry out Scope 1 and Scope 2 GHG assurance according to the following timetables:
- Those in the iron and steel industry, cement industry, or having paid-in capital of NT$10 billion or more shall complete assurance for the individual company from 2024, and complete assurance for the parent company and all subsidiaries in the consolidated financial statements from 2027.
- Those having paid-in capital of NT$5 billion or more but less than NT$10 billion shall complete assurance for the individual company from 2027, and complete assurance for the parent company and all subsidiaries in the consolidated financial statements from 2028.
- Those having paid-in capital of less than NT$5 billion shall complete assurance for the individual company from 2028, and complete assurance for the parent company and all subsidiaries in the consolidated financial statements from 2029.
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 under paragraphs 2 and 3 a net worth of NT$20 billion shall be substituted; for the calculation of the paid-in capital of NT$5 billion, a net worth of NT$10 billion shall be substituted.
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| Article 5 |
CPAs handling assurance of sustainability metrics under Article 4, paragraph 2, and the CPA firms to which they belong, and the personnel handling GHG assurance 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 Assurance Bodies of Sustainability Reports of TWSE and TPEx Listed Companies, which shall be applicable from 2024.
TPEx listed companies specified in Article 2, paragraph 1 herein shall disclose the sustainability report and the link to the file of that report posted on the company's website by 30 June of each year on the internet information reporting system designated by the TPEx. However, if the TPEx listed company, in the most recent past year, did not prepare or did not refer to the GRI Standards in preparing a sustainability report, or if a CPA's letter of opinion is to be issued for the company's sustainability report in accordance with the standards described in Article 4, paragraph 2, the filing may be completed by 30 September.
A TPEx listed company shall establish operational procedures for the preparation and certification of its sustainability report and include them in its internal control system.
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| Article 6 |
These Rules and any amendments hereto will be implemented after their approval for recordation by the Competent Authority.
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