TAIPEI, NOV 28, 2019

S&P Dow Jones Indices (“SPDJI”), the world's leading index provider, announced today that it has been appointed by National Taipei University College of Business (“NTPU”) and Taiwan Institute for Sustainable Energy as the custom calculation agent for the Taiwan Sustainability Value Index (TWSVI). The index tracks the performance of top companies in corporate sustainability in Taiwan.

 

Per NTPU’s methodology, index constituents are selected based on a screening of corporate social responsibility (CSR) performance, financial performance and market quality. CSR performance is determined by a 300 question survey covering social, economic, environmental and disclosure (SEED) dimensions. A Total Sustainability Score is then given to each company by adding up the scores linked to the CSR questionnaires, which is then used to assess the companies’ eligibility for inclusion in the index. In addition, reputable CSR awards and rankings in Taiwan are taken into account. 

 

“We are pleased to support National Taipei University and Taiwan Institute for Sustainable Energy in calculating this sustainability benchmark,” said Marius Baumann, Global Head of Custom Indices at S&P Dow Jones Indices. “Through S&P Dow Jones Indices’ innovative solutions and extensive experience in custom services, our clients are able to design indices that measure and enhance the ESG profile of Taiwan’s investment market.”

 

“We are honored to collaborate with the Taiwan Institute for Sustainable Energy to develop the Taiwan Sustainability Value Index and to have S&P Dow Jones Indices serve as the index calculation agent,” said Prof. Lee Chen-Jai, President of National Taipei University. “The TWSVI highlights the insistence of our College of Business on corporate sustainability education and research, which also has an innovative and positive impact on the capital markets in Taiwan and in Asia."

 

S&P Dow Jones Indices provides unparalleled services in the design, construction, management and distribution of custom indices. Drawing on its knowledge and a global database of tens of thousands of individual stocks, S&P Dow Jones Indices provides an independent and flexible service, enabling clients to purposefully design an index to meet their specific requirements across equity, commodity, and fixed income asset classes.

 

For more information about S&P Dow Jones Indices, please visit: www.spdji.com