The 10th Asian Excellence Award hosted by Corporate Governance Asia magazine recently announced that CTBC Financial Holdings was awarded Asia’s Best CSR, Best Investor Relations Company, and Best Investor Relations Professional, while General Manager Daniel Wu and Chief Financial Officer and Spokesperson Yaling Chiu won Asia’s Best CEO and Asia’s Best CFO, respectively. This totals five awards for the company.
Corporate Governance Asia magazine claims to be the region’s most authoritative journal on Corporate Governance. Since 2011, it has organized the Asian Excellence Award, commending Taiwan, China, the Philippines, Singapore and other Asian regions for performances in corporate governance and investor relations issues.
Wu said that by observing international trends, ESG (Environment, Social and Governance, ESG) has become the focus of corporate sustainability, and CTBC has drawn up a complete blueprint for sustainability. In March, the company set up the Corporate Sustainability Office; and at the end of June upgraded the Corporate Sustainability Committee to a functional committee under the board of directors.
The company has also had several international initiatives, including signing to support the Task Force on Climate-related Financial Disclosures (TCFD) in April, and voluntarily following the United Nations Principles for Responsible Banking (PRB) beginning in 2019.