Environmental, Social and Governance Reporting for Non-OECD Nations: Case Study of Taiwan's Fargloryland and Gensler

Abstract

Gensler was founded in 1965 at San Franscisco, and it is a leader for the construction industry in the global domain. Fargloryland was founded in 1975, and it is pioneer for Taiwan’s construction industry. Both companies use GRI standards for their annual reports. However, Yu-shan Su points out in her MA thesis “Research on the Practice and Development of Corporate Social Responsibility: from Sustainable Guidelines of Global Reporting Initiative” that Taiwan emphasizes on the company’s governance, particularly water management. In the case of Gensler, the report voluntarily reveals the statistics, which has been turned into a clearly concise percentage through data visualization, while Fargloryland emphasizes on the planned targets the firm wishes to attain, along with the attempted efforts they have made to achieve a sustainable future. Taiwan, as a nation without a UN membership, maneuvers to lead their listed major companies to align with the SDGs advocated by the UN. Taiwan, which is not among the OECD nations, may have some difficulty practicing corporate social responsibility without intrusively regulated governance. Shouldn’t the world’s major leading firms actively involve themselves to catapult Taiwan into legitimate global platform while lessening the uneven geopolitical development? It is our ambition to raise global awareness for Taiwan, which includes Taiwanese government, Taiwanese firms, and their consumers. During the pandemic, Taiwan stated that Taiwan can help, and the world can help Taiwan, too.

Presenters

Chia-wen Kuo
Student, PhD, National Chengchi University, Taipei, Taiwan

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

Technical, Political, and Social Responses

KEYWORDS

ESG Report, GRI, OECD, Taiwan, United Nations