The Paris Climate agreement in 2015 heralded the importance of sustainable finance and inclusive finance. Corporate responsibilities and the sustainable developments had become the testing stones valuing the operation and management of financial institutions, driving them to look beyond the conventional book-values of accounting standards and financial reports. Such transition also brings in indicators such as the equator principles and responsible investment, while enterprises determining, assessing and managing environmental and social risk in project finance.
Through profit, earnings per share, and price-to-earnings still posed as the benchmark index for bookkeeping, ESG, non-financial corporate governance, social care, and green finance had gradually found their footholds in companies’ strategic pivot for the long-term success.
In the post-epidemic era, Taiwan's financial industry places more emphasis on promoting diversity, inclusiveness and sustainability. Therefore, our course module will shift from the traditional indicators on profit, price-earnings ratio and other investment targets to non-financial indicators that are altruistic and people-oriented such as corporate governance, social responsibility, environmental protection and green finance. This also serves to re-examine traditional values of portfolio asset allocation, promoting the sustainable development and drive change that delivers more business and better outcomes for people and the planet.
