Improving ESG Performance Enhances Exposure in The Capital Market
Given the increasing influence of ESG on investors' decision-making in the capital market, we assist our clients in creating value by continually improving their ESG performance. By staying abreast of global sustainability trends, benchmarking best practices, and providing thorough rating analysis, this leading PCB manufacturer has achieved significant results, surpassing peers in ESG ratings and gaining recognition and investment from international ESG funds. This has enhanced their exposure in the capital market, establishing them as a leader in sustainable development within the PCB industry.
Client Challenge
The company has long been committed to sustainability initiatives, setting clear goals and actively pursuing them. However, a significant gap existed in disclosure practices, with limited information available for investors to understand the company's sustainability efforts comprehensively. This lack of transparency made it challenging for investors to grasp the company's sustainability focus areas. Moreover, navigating through various ESG ratings in the capital market proved arduous as each rating had distinct participation criteria, content, and methodologies. Given the broad spectrum of issues covered by these ratings, it took more work for the company's ESG team to complete the rating surveys, resulting in bottlenecks in improving ESG ratings.
The QIC Advantage
Tracking Latest Sustainability Trends and Ratings: Our team consistently monitors international sustainability trends and tracks rating developments, aiding the company in staying abreast of the latest ESG dynamics.
Benchmarking Against International Best Practices: By offering peer benchmarking and analyzing successful cases, we inspired the client to further develop its ESG strategies. We dissected key success factors from these cases to guide the client toward achieving higher sustainability performance levels.
Comprehensive Rating Analysis: A detailed analysis of ratings from international rating agencies was provided, with a breakdown of the impact of each rating criterion. We offered tailored improvement recommendations for individual criteria, thereby enhancing the company's ESG performance strategically.
Continuous Improvement in ESG Disclosure and Practices: We reviewed existing reporting contents, offering refinement suggestions to enhance readability and effectiveness. Additionally, we assisted in aligning the company's sustainability policies with best practices and provided recommendations on internal processes, communication, and execution to ensure effective policy implementation.
Results
Outperform in the PCB industry in ESG ratings & Significant Increase in ESG Fund Holdings
The company achieved remarkable international ESG ratings, being consecutively selected in the S&P Global Sustainability Yearbook for two years and included in the Bloomberg Gender-Equality Index (GEI), becoming the first in the PCB industry globally and one of the sixteen companies in Taiwan. The company currently ranks fourth among listed Taiwanese companies' FTSE Russell ESG ratings. These achievements led to a significant increase in ESG ETF holdings, from virtually none to over 20 domestic and international ETFs holding their stocks currently.
