Spokesperson: Liu, Li-Ju, Deputy Director General Media contact: Chen, Gina, Section Chief
Tel: 886-2-3343-5998 Tel: 886-2-3343-5897
In addition to generating good returns for labor funds, the Bureau of Labor Funds also continues to focus on fulfilling its social responsibility. Therefore, the Bureau releases its social responsibility report this month (July), disclosing management philosophy on investment, social, and environmental aspects, as well as its achievements in performing social responsibility. The entire report is published on the Bureau’s website, under the exclusive social responsibility page, and has also been registered on the sustainability disclosure database of Global Reporting Initiative.
Furthermore, after TWSE launched the “Stewardship Principles for Institutional Investors” on June 30, the Bureau upheld its principle of socially responsible investment and became one of the first pioneers to sign these Principles. This marked yet another action taken by the Bureau to enhance socially responsible investment after adopting related CSR indices, such as Taiwan Employment Creation 99 Index and Taiwan High Compensation 100 index, as the Bureau aimed to encourage investee companies to strengthen corporate governance and fulfill corporate social responsibility (CSR) through persistent attention and communication. By June 2016, the Bureau has invested NT$ 475.4 billion in outstanding CSR companies, accounting for 95% of the Bureau’s domestic stock investment.
The Bureau continues to pursue sustainable development, keeping pace with global trends in sustainable development to promote socially responsible investment, safeguard stakeholders’ rights and benefits, and disclose information. Through the releasing of social responsibility report and signing of “Stewardship Principles for Institutional Investors,” the Bureau hopes to further raise CSR awareness of domestic companies and institutions. Looking ahead, the Bureau will actively invest in ESG and CSR related funds and indices, and plan CSR indices related mandated managements. Through requiring domestic mandated institutions to invest in companies that have published CSR reports, the Bureau joins forces with mandated institutions to realize friendly workplace and promote ideal social environment.