Taiwan ranked seventh out of 11 countries and territories in a global sustainability survey, with room for improvement, business data and analytical insights provider Dun & Bradstreet (D&B) said on Thursday.
Taiwan ranked ahead of Australia, Ireland, the US and New Zealand, based on D&B’s competitiveness analysis of supply chains in terms of environmental, social and corporate governance (ESG) performance, the US-based firm said in a statement.
The UK ranked the highest in ESG performance, followed by Germany and France, with Sweden, Canada and Hong Kong ranked fourth, fifth and sixth respectively, it said.
Photo: Kelson Wang, Taipei Times
As global brands such as Apple Inc, Amazon.com Inc and Nike Inc adopt ESG into their corporate strategies — and consider the use of renewable energy, carbon reduction, environmental protection and other issues in their businesses — similar sustainability policies have been extended to the global supply chain.
“ESG has obviously become the entry ticket for small and medium-sized enterprises to the global supply chain, but the evaluations are not standardized in the market,” D&B Taiwan (鄧白氏台灣) general manager Michelle Sun (孫偉真) said in the statement.
“Dun & Bradstreet hopes to reveal data-driven insights that are comprehensive and objective, enabling Taiwan businesses to review and put their ESG goals into practice, while strengthening their competitiveness in the global market,” she said.
The company aims to expand the global coverage of its ESG rankings to more than 100 countries and regions this year, as it seeks to provide a single measurable standard for the global supply chain, it said.
Its ESG competitiveness analysis of Taiwanese supply-chain firms was built on information sourced from its own database, company annual reports and Web sites, D&B said.
MAJOR SUPPLIERS
The survey evaluated 691 suppliers in Taiwan serving six leading manufacturers that made the Fortune Global 500 list: Hon Hai Precision Industry Co (鴻海), Pegatron Corp (和碩), Taiwan Semiconductor Manufacturing Co (台積電), Quanta Computer Inc (廣達), Compal Electronics Inc (仁寶) and Wistron Corp (緯創).
D&B used a computer model to analyze data collected from Feb. 1 last year to Feb. 22 this year, it said.
“In general, 691 Taiwan suppliers performed relatively well in social and governance categories, thanks to the Taiwan government’s long-term interest in these areas,” D&B said. “On the other hand, there still exist challenges to be resolved in the environmental category.”
“Based on observations, emission reduction and management driven by the government is necessary, as Taiwan aims to achieve net zero by 2050,” it added.
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
The average pay to employees by ASE Technology Holding Co (日月光投控) was the highest among the companies listed on the local main board last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) ranked seventh, the Taiwan Stock Exchange (TWSE) said on Monday. Data compiled by the exchange showed ASE Technology, the world’s largest chip packaging and testing services provider, paid its employees an average of NT$6.28 million (US$199,746) last year, up 40 percent from a year earlier. TSMC, the world’s largest contract chipmaker and the most profitable company in Taiwan, paid its employees NT$4.09 million on average, up
RSS